May 9: API3, a first-party blockchain oracle, has introduced the OEV Watchtower, “enabling protocol developers for the first time to measure annual liquidity losses to Oracle services, potentially amounting to millions,” according to the team: “This tool allows dApps to benchmark their OEV retention against major protocols like Iron Bank, Morpho Aave, and MakerDAO. It also enhances transparency by letting users input their liquidation incentive rate and TVL to track money liquidated, incentives paid, amounts sent to builders, and losses to searchers.”
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