On Friday, the API3 team announced via X that the scrvUSD/crvUSD Exchange Rate is now available on the API3 Market. Users can now Deposit $crvUSD in the Curve Finance Savings Vault to get $scrvUSD—a yield-bearing stablecoin designed for DeFi.
Developers can start building with this new feed across 40+ blockchains thanks to this latest integration.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.185, down 10.5% in the last 24 hours.