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TechFlow reports that on June 27, decentralized Web3 oracle API3 announced its OEV network will migrate to be built on Arbitrum Orbit. This move aims to optimize on-chain solutions to recapture Oracle Extractable Value (OEV) from lending protocols. API3 stated that selecting Arbitrum Orbit as the underlying infrastructure ensures execution, uptime, and scalability for the OEV network.
On June 27, decentralized Web3 oracle API3 announced that its OEV network will migrate to be built on Arbitrum Orbit. This move aims to optimize on-chain solutions for recapturing oracle extractable value (OEV) from lending protocols. API3 stated that selecting Arbitrum Orbit as the backend infrastructure is intended to ensure execution, uptime, and scalability of the OEV network.
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