Hassan Maishera
On Thursday, the API3 team announced via X that MVL has launched a MVL/USDC vault on Morpho, powered by API3’s first-party oracles and the OEV flywheel. API3 oracles deliver transparent pricing data directly from first-party sources, operated by the data providers themselves.
Through OEV auctions, searchers bid for access to real-time updates. Liquidation incentives are market-priced, reducing waste and returning value to the vault.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $0.666, down 6% in the last 24 hours.
