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Sturdy Launches API3's Oracle Stack on Mode

Twitter icon  •  Published 2 years ago on July 4, 2024  •  Hassan Maishera

The AP13 team announced via X on Wednesday that Sturdy is powering their isolated lending protocol with the API3 Oracle Stack on Mode.

Sturdy Launches API3's Oracle Stack on Mode

The AP13 team announced via X on Wednesday that Sturdy is powering their isolated lending protocol with the API3 Oracle Stack on Mode. Sturdy is revolutionizing DeFi lending with a novel two-tier architecture to isolate risk between assets while avoiding liquidity fragmentation.

API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is currently trading at $1.967, down by 9% in the last 24 hours.

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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.

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