dApps → OEV Rewards

Getting paid

dApps that use traditional data feeds are constantly exploited by MEV bots that manipulate the order of operations around individual data feed updates. In practice, this causes dApps to suffer significant and continuous financial losses. As the antidote, Api3's OEV Network auctions off to OEV searchers the privilege to determine the order of operations around data feed updates. 80% of resulting auction proceeds are paid to the dApp in the form of OEV Rewards. Assuming competitive auctions, OEV Rewards will be equal to the amount that would otherwise have been lost to the MEV bots.

Api3 data feeds work identically to traditional data feeds, which means that you do not need to modify your contracts in any way to use them. You can drop in Api3 data feeds to replace your current data feeds and immediately start earning OEV Rewards. If you want to maximize your OEV Rewards, make sure to check out our guide for best practices.

How to get onboard

Use this form to get in contact with an Api3 representative who will walk you through the following steps:

1. We register your dApp for it to show up on the Api3 Market integration page.
2. You let us know which chains you operate on so we can start running the respective auctions.

   💡 Tip

   Don't forget to notify us if you expand to new chains later on.

3. You let us know which data feeds you will use. If a gas grant is applicable, we purchase subscriptions for you and deploy an OEV Rewards-enabled Api3ReaderProxyV1 contract for each data feed.

   💡 Tip

   Alternatively, you can complete this step on your own using Api3 Market.

4. You let us know an address where to receive the OEV Rewards.

   💡 Tip

   OEV Rewards are paid in the native currency of your dApp's chain. The receiving address must be an EOA you control or a contract capable of receiving native currency payments.

5. You integrate the OEV Rewards-enabled Api3ReaderProxyV1 contracts.

At the end of each month, Api3 will make available a report and 80% of the OEV revenue in the native gas token of the network where your dApp is deployed, with the remaining auction proceeds retained as the protocol fee.

💰 Financial

Api3 provides data feeds at cost and enables dApps to benefit from OEV Rewards on top. You might ask, "What's the catch?" There is none; OEV Rewards come at the expense of third parties who would otherwise solely benefit from MEV.