DeFi's Secret Weapon: API3's Oracle Network Powers $80K in Hidden Earnings

API3 experienced a significant surge of 121% following the announcement that the token would be listed on the Korean cryptocurrency exchange Upbit. The listing has drawn considerable attention from investors, especially in the Asian market, contributing to a rise in the token's price. As of the latest report, the price of 1 API3 token is valued at 1,351.34 South Korean Won (KRW), marking a 29.30% increase over the past 30 days [1]. This sharp increase in price can be attributed to the heightened interest generated by the Upbit listing, as well as broader market sentiment towards decentralized oracle networks and their potential in the DeFi ecosystem.

Upbit, one of the largest and most trusted cryptocurrency exchanges in South Korea, has been identified as a preferred platform for trading API3 with KRW. The exchange’s robust infrastructure and user base make it an ideal choice for investors looking to access the token in KRW. According to the available data, Upbit offers a price of 1,182.44 KRW for 1 API3 token, slightly below the broader market average of 1,351.34 KRW [1]. This discrepancy may reflect the ongoing price discovery process in the decentralized market and the influence of exchange-specific liquidity and trading volume.

The recent growth in API3 is not only driven by listing news but also by the token's underlying technological innovations and real-world applications. As a decentralized oracle network, API3 has positioned itself as a solution to key challenges in the DeFi space, including transparency, verifiability, and economic alignment. By integrating first-party data sources like CoinGecko's API, API3 ensures that dApps can access secure and accurate on-chain data without relying on intermediaries. This model has led to over 200 live price feeds across 40+ EVM chains and has generated more than $284,000 in Oracle Extractable Value (OEV) rewards distributed to integrated protocols [2].

API3’s OEV system has proven to be a game-changer, particularly in protocols like Yei Finance, where the network’s ability to recapture and redistribute value has generated real economic benefits. For example, Yei Finance, a money market protocol on the Sei blockchain, has captured over $80,000 in OEV revenue since June 2025 by leveraging API3’s price feeds. These earnings are achieved without altering the protocol’s core logic or user interface, illustrating the scalability and efficiency of API3's design [2].

The token’s performance is further supported by a growing number of adopters—currently 41 dApps are utilizing API3 feeds, with 12 of them receiving OEV payouts. The network also boasts a 99.99% uptime and has processed over 25,000 transactions on the OEV Network, underscoring its reliability and capacity to support high-volume DeFi activities. As more protocols seek to align with economically beneficial and secure data sources, API3's architecture appears well-positioned to meet this demand, particularly with its ongoing expansion across EVM chains and the continued integration of trusted data providers like CoinGecko [2].

Looking ahead, API3 aims to surpass $1 million in OEV revenue by the end of 2025, reflecting the growing adoption and economic potential of its oracle infrastructure. The Upbit listing has acted as a catalyst for this momentum, drawing both retail and institutional attention to the project and reinforcing its role in the evolving DeFi landscape.

Source: [1] Convert 1 API3 to KRW - API3 Token price in (https://coincodex.com/convert/api3-token/krw/) [2] How Api3 is Revolutionizing Oracle Networks (https://www.coingecko.com/learn/api3-case-study)