API3 Chinese Community

Blockchain oracles have changed the way dApps access real-world data. Satoshi Club discusses decentralized APIs, Airnode, and the value that oracles can extract with API3.

Space link: https://twitter.com/0xPolygonDeFi/status/1767567888532299990

The market size of OEV is quite substantial. AAVE alone has incurred losses exceeding 100 million USD due to OEV, Compound has lost nearly 100 million USD, and Venus on the BNB chain has also lost over 60 million USD.

API3 launches OEV Network, which returns the captured OEV profits to dApps using API3, bringing objective benefits to numerous participants (dApps, data providers, MEV seekers, API3 protocol).