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news-imageMay 29, 2023

Decentralized Finance: API3 Teams Up with Dovish, a Perpetual Swap Protocol in the DeFi Ecosystem

API3 is pleased to announce our latest partnership with Dovish, a perpetual swap protocol in the DeFi ecosystem. With a commitment to bringing smart money into DeFi, Dovish is “utilizing API3's data feeds for their upcoming perpetual decentralized exchange (DEX) launch on Polygon's zkEVM.
Publisher: CrowdFundInsider
Sentiment: Positive
API3

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API3 Unveils Enhanced Data Feed Service to Bolster TVL on Polygon zkEVM

API3, a blockchain oracle provider, has introduced a managed data feed service to support the growth of Total Value Locked (TVL) on Polygon zkEVM. This innovative push oracle, built around the Airnode first-party oracle node, eliminates intermediaries and provides direct access to real-world data, aiming to enhance the DeFi ecosystem and decentralized finance future.

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API3 Launches Managed Data Feed Services on Polygon zkEVM

Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that's centered around first-party architecture. According to a press release shared to CryptoDaily by API3, the new solution allows DeFi protocols that currently use push oracles on other EVM (Ethereum Virtual Machine) chains to seamlessly migrate to Polygon zkEVM, hence functioning as both an onboarding and integration solution.

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