According to Foresight News, the Total Value Secured (TVS) by the decentralized Web3 oracle API3 has exceeded $1 billion. The company has reported a nearly tenfold increase in its TVS in less than 100 days.
TVS refers to the total value of assets, denominated in US dollars, secured in the market by key infrastructure such as oracles. This significant growth indicates a strong market response and increased trust in the security of the API3 oracle.