Let’s talk about Oracles shall we?
@DIAdata_org is the best positioned oracle that you can be sure will not go back on you, do just take my word for it, here’s proof to back it up:
$DIA was founded back in 2018, but mainnet wasn’t launched until after 2 years in 2020 when the space saw an increasing expansion and diversification of oracle networks with focus on specific use cases and data types, financial datas are very valuable and oracles are the critical component which added that very much needed infra in web3 which enabled the adoption and extended functionalities of dApps and smart contracts.
Over the years, DIA has cemented their position as a core player in the oracle sector with full transparency, credible sourced data and modular execution, what this means is that all datas pulled and provided by DIA are all onchain and auditable, datas which are all aggregated from 100+ CEXs and DEXs (No Use of APIs), it supports both push and pull data feeds for different use case.
With over 2500+ assets supported including:
- Long - tail tokens
- Major blue chip assets
- RWAs (bonds, FX, commodities, equities)
- DIA has the outstanding advantage over most oracles when we consider: data sourcing, most oracles use opaque off chain aggregators
- DIA architecture is fully on-chain, permissionless, and verifiable infra
- Designed for developers, institutions and high-integrity protocols
- Ability to provide price feed data for any token on any chain (including long-tail assets) due to unique data sourcing directly from DEXs and CEXs.
With $DIA as the native gas token for DIA’s rollup, its potential is yet to be realized, with the token ATH at $6 during the 2021 bull run, and steady growth over the years with more and more integrations added to the DIA stack this has created a demand fly wheel for the token.
Now with the introduction of infras such as Lasernet and Lumina, the DIA stack has seen large adoption with 20+ chains partnering with DIA to provide oracle grants and offer more building blocks for devs to build dApps for the future. #DIA