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Morphex Integrates the the API3 Oracle Stack

Share on X icon · Published hace 2 años on July 25, 2024 · Hassan Maishera

The AP13 team announced via X on Wednesday that Morphex has joined the API3 ecosystem by integrating the API3 Oracle Stack to run their decentralized perpetual trading platform that launched on Mode.

Morphex Integrates the the API3 Oracle Stack

The AP13 team announced via X on Wednesday that Morphex has joined the API3 ecosystem by integrating the API3 Oracle Stack to run their decentralized perpetual trading platform that launched on Mode. 

BMX by Morphex enhances capital efficiency and liquidity access through auto-compounding vault tokens and incentives. API3's price feeds are integrated with OEVNetwork, helping BMX capture any MEV within the protocol.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $1.794, down by 3% in the last 24 hours.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.