Blockchain oracle

API3

First-party oracle that returns oracle extractable value (OEV) to the DeFi apps using its feeds.

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Facts checked Sep 26, 2026

API3 key facts

CategoryBlockchain oracle
ChainsEVM networks
PlatformsWeb, API
TokenAPI3
FeesOEV Rewards: $415,593 paid to apps (homepage figure, updated monthly)
About

What is API3?

API3 is an oracle network built on first-party data feeds. Its main feature is OEV Rewards: value that liquidators pay for price updates is returned to the lending protocol. Its homepage lists $415,593 in OEV rewards paid and early adopters including Morpho, Compound and Moonwell.

API3 usage

Total value locked$20.8M+8.7% in 7 days
Fees paid, 24h$3,830
Fees paid, 30d$106,802
Chains2

From DefiLlama (TVL) (fees users paid), updated Sep 26, 2026.

Blockchain oracleWebAPI

API3 pros and cons

Pros
  • Returns oracle extractable value to the app that uses the feed
  • 100+ data feeds on every supported chain, per its homepage
  • Early OEV users include Compound, Morpho and Moonwell
Cons
  • OEV rewards paid total $415,593 so far, a small sum next to the value larger oracles secure
  • Feed coverage centers on lending-market prices

API3 FAQ

What is API3?

API3 is an oracle network built on first-party data feeds. Its main feature is OEV Rewards: value that liquidators pay for price updates is returned to the lending protocol. Its homepage lists $415,593 in OEV rewards paid and early adopters including Morpho, Compound and Moonwell.

How much value is locked in API3?

$20.8M according to DefiLlama on Sep 26, 2026. It is deployed on 2 chains: Ethereum, Base.

How much does API3 cost?

OEV Rewards: $415,593 paid to apps (homepage figure, updated monthly), according to API3’s own page (checked Sep 26, 2026).

How much do users pay API3 in fees?

$106,802 over the last 30 days, according to DefiLlama on Sep 26, 2026.

Sources

  1. API3: official site
  2. API3: Home
  3. DefiLlama

How this page works

Sources: API3: official site, API3: Home, DefiLlama. Data as of Sep 26, 2026.

How we review

Not affiliated with any project listed. Educational content, not financial advice.