Source: TheMerkle.com
Yesterday’s turbulent market conditions led to a staggering $350 million in Ethereum DeFi protocol liquidations, marking a record high.
Of this total, approximately $20 million was siphoned off by MEV (Miner Extractable Value) robots.
In response to these challenges, API3’s Oracle Extractable Value (OEV) network presents a promising solution. The OEV solution enables lending protocols to recapture value lost to MEV robots, potentially reclaiming a significant portion of the $20
Read More https://themerkle.com/ethereum-defi-liquidations-surge-as-api3s-oev-network-offers-a-solution/
The post "Ethereum DeFi Liquidations Surge As API3’s OEV Network Offers A Solution" appeared first here TheMerkle.com.
Source: TheMerkle.com
