API3 Hits $1B Milestone in TVS, Showcasing Rapid Growth and Developer-Focused Approach

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API3 Hits $1B Milestone in TVS, Showcasing Rapid Growth and Developer-Focused Approach
API3, a decentralized blockchain solution for APIs, has announced that it has surpassed $1 billion in total value secured (TVS). The platform has experienced rapid growth, with its TVS increasing ten times in 100 days, which shows the increasing adoption rate and trust in its ecosystem.
We just blasted off to $1 BILLION TVS. 🎉
That’s 10x in less than 100 days.
API3 is redefining the oracle landscape with our developer-first approach.
Our first-party oracle architecture is built for a rollup-centric future, with swift horizontal expansion to new chains… pic.twitter.com/FVN6yE6yF0
— API3 (@API3DAO) May 22, 2024

In a post on the API3 X page, the Oracle service revealed it has secured assets of 20 different protocols, with Juice Finance making up 52.58% of the total value, with $528 million in Total Value Locked (TVL). Following them is INIT Capital with $159 million TVL,

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We współpracy z: https://www.coinspeaker.com/api3-1b-milestone-tvs/

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