Euclid, a cross-chain liquidity infrastructure powered by Nibiru, emerges from stealth.

May 9: API3, its blockchain oracle, “introduced OEV Watchtower, which enables protocol developers to measure annual liquidity losses on oracle services for the first time, which could potentially amount to millions of dollars,” according to the team. . OEV retention for major protocols such as Iron Bank, Morpho Aave, and MakerDAO also allows users to input liquidation incentive rates and TVLs to track amounts liquidated, incentives paid, amounts sent to builders, and losses to seekers. This improves transparency.