API3 OEV Network product
Overview
API3 OEV Network is a dedicated sidechain designed to capture and return oracle extractable value (OEV) to decentralized applications. It enables the auctioning of oracle data update rights, allowing dApps to reclaim value that would otherwise be captured by searchers or block builders. The network is part of the API3 ecosystem, which provides first-party oracle services.
Within the DeFi Intel graph, API3 OEV Network connects to 1 tracked entity, most strongly to API3.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
launched | API3 | 85% |
Frequently asked questions
What is API3 OEV Network?
API3 OEV Network is a dedicated sidechain designed to capture and return oracle extractable value (OEV) to decentralized applications.
How does API3 OEV Network help dApps?
It enables the auctioning of oracle data update rights, allowing dApps to reclaim value that would otherwise be captured by searchers or block builders.
What ecosystem is API3 OEV Network part of?
The network is part of the API3 ecosystem, which provides first-party oracle services.