API3 OEV Rewards
Oracle Extractable Value (OEV) Rewards is API3's revenue-sharing mechanism for dApps that integrate OEV-enabled Api3ReaderProxyV1 proxy contracts. When liquidation or arbitrage opportunities arise around oracle updates, API3 runs an auction on the OEV Network and captures the resulting MEV. 80% of auction proceeds are paid monthly in the native gas token of the dApp's deployed chain to the wallet the dApp designates. Integration requires deploying a custom proxy (free via the API3 Market) rather than the generic shared proxy, and registering a recipient wallet address with an API3 representative.