API3 new public chain targets the overlooked billion-dollar OEV
API3 is an innovative first-party oracle. The layer 2 of API3 specifically captures the value of OEV and feeds it back to Dapp so that it can enjoy the benefits.
![image JinseFinance](https://image.coinlive.com/24x24/cryptotwits-static/9e021fa1f8e48e84c05a9c950c3e45dd.png)
API3 is an innovative first-party oracle. The layer 2 of API3 specifically captures the value of OEV and feeds it back to Dapp so that it can enjoy the benefits.
Is there another important innovation in the oracle market? API3 launches OEV Network
After UMA announced on January 17 that it would launch the oracle value extraction tool Oval, its price increased more than 2.5 times in just 5 days.