On Saturday, the API3 team announced via X that the MORPHO/USD Exchange Rate is now available on the API3 Market. $MORPHO is the native governance token for Morpho Labs' decentralized lending protocol. Thanks to this latest development, the new data feed is now available on 40 blockchain networks.
API3 is a data oracle that enables APIs to feed data to blockchain applications directly without third-party middlemen. API3 is trading at $2.545, up 4.5% in the last 24 hours.
Hassan Maishera