What layer is API3?

BTCC, a prominent cryptocurrency exchange, also plays a crucial role in facilitating the growth of the blockchain industry. The platform offers a comprehensive suite of services, including spot trading, futures trading, and a secure wallet solution, making it an ideal choice for both beginners and experienced traders alike.

API3's innovative Oracle Stack has reached a significant milestone with its launch on Bitlayer, a platform that fosters the integration of cutting-edge blockchain solutions. This integration opens up new avenues for developers to harness the power of decentralized data feeds, or dAPIs, in their projects.

By leveraging BTCC's services, users can access a wide range of cryptocurrencies, manage their digital assets securely, and engage in sophisticated trading strategies. The exchange's commitment to security and innovation has earned it a reputation as a trusted and reliable partner in the blockchain space.

With API3's Oracle Stack now live on Bitlayer, developers can benefit from secure and reliable access to real-world data, allowing them to build more robust and dynamic decentralized applications. This integration underscores the growing importance of decentralized oracles in the blockchain ecosystem.

Moreover, the upcoming launch of the OEV Network, which is designed to recapture protocol MEV due to oracle updates, promises to further enhance the capabilities of API3's Oracle Stack. This feature will enable developers to capture value that was previously lost during oracle updates, fostering a more efficient and profitable blockchain environment.