API3's Oracle Stack is being rolled out on Injective's inEVM, enhancing the overall experience for developers.

Decentralized data Oracle network API3 The announcement confirms that the Oracle Stack can now be utilized on Injective inEVM, providing developers access to a multitude of over 180 decentralized APIs (dAPIs) available on the API3 Market. It also opens doors to the upcoming OEV network, aimed at reclaiming the MEV generated through Oracle updates.

The inEVM, which stands for Ethereum Virtual Machine, is designed to support seamless composability across several leading blockchain networks like Cosmos, Solana, Injective, and Ethereum. This platform features robust interoperability, allowing Ethereum developers to effortlessly integrate their protocols into various ecosystems, alongside ensuring quick transaction finality and included modules for builders to enhance their functionality.

Decentralized applications (dApps) can now tap into verified and decentralized data that is securely kept on-chain, removing the burdens of managing any supporting infrastructure.

Those looking to build on Injective can explore dAPIs through the API3 Market, providing a streamlined platform for accessing and managing various data feeds. These feeds encompass a wide array of assets, including cryptocurrencies, forex, stocks, and commodities, making it a valuable resource for developers. inEVM Furthermore, as the OEV network approaches its launch, protocols utilizing API3's decentralized data feeds on Injective inEVM will be equipped with a vertically integrated approach to reclaim MEV. Simultaneously, DApps will have the capability to effortlessly tap into any data feed available on the API3 Market, activate the OEV Network, and start earning rewards.

API3's Oracle Stack has been made available on

As a decentralized data oracle network, API3 simplifies the process of linking APIs with blockchain applications, doing away with the necessity for third-party middlemen. Its mission is to enhance the reliability and security of data for smart contracts and dApps by supplying top-notch, real-time information.

This inclusion of the ETH Exchange Rate on the API3 Market greatly aids developers aiming to build on-chain products across a diverse spectrum of 33 blockchains.

Recently, API3 has introduced a wBETH Please keep in mind that the information provided here is not meant to serve as financial, legal, investment, or other types of advice. It is crucial to only invest what you can afford to lose and, if unsure, to seek independent financial guidance. We also recommend checking the terms and conditions along with the help resources provided by the issuer or advertiser. MetaversePost strives to offer accurate and unbiased reporting, though market conditions can fluctuate without prior notice.