The API3 project team associated address deposited approximately 392,000 API3 into Binance 6 hours ago, equivalent to about 1.3 million USD

ChainCatcher news reports that, according to Scopescan monitoring, the multi-signature address that received tokens from the API3 project team transferred 391,900 tokens (approximately $1.3 million) to GSR and deposited them into Binance six hours ago.

It is reported that the decentralized Web3 oracle API3 announced the launch of the ZK-Rollup platform OEV Network on January 29, aimed at capturing OEV generated by dApps using API3 data sources on-chain. OEV Network is a dedicated order flow auction platform that sells the rights to execute specific data source updates to the highest bidder. The winning bidder pays a fee when executing the data source update, allowing the dApp to receive revenue immediately on its native chain.