DENT (DENT) API and Price Oracle

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DENT

DENT
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Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0x3597...A258
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is DENT (DENT)?

DENT (DENT) is a blockchain-based cryptocurrency and utility token that aims to disrupt the global telecommunications industry. It was founded in 2017 by Mikko Linnamäki. The founding company behind DENT is DENT Wireless Limited, based in Hong Kong. DENT allows users to buy, sell, and donate mobile data and minutes through their decentralized marketplace. The name DENT is derived from the idea of "denting" the traditional telco operators' dominance in the market.

How does DENT work?

DENT, a blockchain-based project, aims to revolutionize the global mobile data industry. It operates on the Ethereum blockchain, utilizing smart contracts to decentralize and streamline the exchange of mobile data.

At its core, DENT serves as a marketplace for buying and selling mobile data. Users can conveniently trade their unused or excess data with others in exchange for DENT tokens. This creates a peer-to-peer network where individuals can connect and exchange data without the need for intermediaries or traditional providers.

To ensure the accuracy and reliability of data transactions, DENT employs a blockchain oracle. This external information provider supplies verified data from outside the blockchain to smart contracts. This way, users can trust the data being exchanged and be confident in the fairness of the transactions.

The DENT mobile app serves as the interface for users to interact with the platform. It allows users to track their data usage, view available data offers, and seamlessly transfer data to other users. The app also supports international data roaming, enabling users to use their data globally without the need for expensive roaming charges.

Overall, DENT leverages blockchain technology and smart contracts to disrupt the traditional mobile data industry. By eliminating intermediaries and enabling direct peer-to-peer data exchange, DENT provides a more economical and efficient way for users to manage their mobile data.

What are the benefits of DENT?

DENT is a blockchain-powered project in the telecommunications industry that aims to revolutionize the way mobile data is bought, sold, and used. When compared to its direct competitors, DENT offers several benefits that distinguish it in the market.

One of the key advantages of DENT is its global reach. Unlike some of its competitors that may have limited coverage, DENT operates in over 200 countries and territories, allowing users to seamlessly access mobile data services across different regions. This global accessibility makes DENT appealing for frequent travelers or individuals requiring data connectivity across borders.

Another benefit of DENT is its focus on affordability. The platform enables users to trade and purchase mobile data packages at competitive rates, unlocking cost-saving opportunities for consumers. By leveraging blockchain technology, DENT eliminates the need for intermediaries, resulting in lower fees and improved cost-efficiency compared to traditional mobile service providers.

DENT also stands out for its user-friendly interface and simplicity. The platform offers a seamless experience, making it easy for users to buy, sell, and transfer mobile data. Its intuitive design and straightforward process differentiate DENT from some of its competitors, who may have complex or convoluted user interfaces.

Lastly, DENT's interoperability sets it apart from other market players. The project aims to create an open ecosystem, allowing users to transfer data between different mobile operators seamlessly. This interoperability reduces fragmentation and enhances user flexibility, as consumers are not restricted to a single network provider.

In summary, DENT offers global reach, affordability, user-friendly interface, and interoperability as its key advantages compared to its direct competitors. These benefits contribute to DENT's appeal in the telecommunications industry and its potential to transform the way mobile data is bought and sold.

What is DENT used for?

DENT is a decentralized blockchain platform that aims to disrupt the global mobile data industry. It is primarily used for enabling the trading and sharing of mobile data, allowing users to buy, sell, and donate unused data on the platform.

One common use case for DENT is for travelers who are looking to avoid expensive roaming charges. With DENT, users can purchase local mobile data packages from the destination country, eliminating the need for costly international roaming plans. This not only helps reduce expenses but also ensures seamless connectivity during travel.

Another important use case is for individuals in areas with limited access to affordable internet services. By leveraging the DENT platform, users can trade or donate their unused mobile data to those in need, empowering communities with better internet access and bridging the digital divide.

To elaborate on a specific use case, let's consider a scenario where a user wants to sell their excess mobile data. Using the DENT platform, the user can list their data for sale and specify the desired price. Other users who require additional data can then purchase it from the seller, resulting in a peer-to-peer transaction facilitated by smart contracts on the blockchain. This direct data trading eliminates the need for intermediaries and reduces costs for both buyers and sellers.

Overall, DENT offers a decentralized solution for mobile data trading, empowering users to leverage the benefits of blockchain technology and create a more efficient and cost-effective mobile data ecosystem.

What is DIA's DENT API?

DIA's DENT API is a crucial tool that offers real-time price feeds for various cryptocurrencies and NFTs. These feeds are constructed by gathering raw data from an extensive range of over 85 on-chain and off-chain exchanges. DIA's API endpoints provide developers with the ability to access free price feed data for testing purposes. These API endpoints can be found on the DIA App's asset detail pages and come in a standardized format.

However, where DIA truly excels is in its provision of fully customizable, custom feeds. These custom feeds are tailored to the specific needs of users, offering a range of configuration options such as sources, methodologies, and update mechanisms. To request a custom feed, users can reach out to DIA via Discord or Telegram.

The value of DIA's API lies in its versatile use cases within the blockchain ecosystem. In DeFi, the API enables applications such as derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, and money markets. Similarly, in the NFTfi space, the API supports peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and more.

In summary, while DIA offers free API endpoints for testing, the real significance lies in the custom feeds they provide. These tailored feeds empower users with the ability to configure their data sources and methodologies to best suit their requirements, making DIA a valuable resource in the blockchain ecosystem.

What is DIA's DENT price oracle?

DIA's DENT price oracle is a smart contract that provides real-time price feeds for cryptocurrencies, including DENT. DIA stands out by offering integration with over 35 layer 1 and layer 2 networks, allowing the deployment of price oracles on various blockchains. The price feeds generated by DIA are constructed from raw data obtained from more than 85 on-chain and off-chain cryptocurrency exchanges, ensuring accuracy and reliability.

While DIA offers demo oracles for developers to test in their documentation, these demo oracles are solely for testing purposes and cannot be used in production applications. However, DIA offers the option to build dedicated custom price feed oracles that can be tailored to specific requirements. Users can request custom price oracle data feeds through channels like Discord or Telegram. These custom feeds can be customized in terms of sources, methodologies, update mechanisms, and more.

DIA's custom oracles provide significant flexibility and utility for users in the blockchain ecosystem. They offer a wide range of use cases in the decentralized finance (DeFi) space, such as derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, and money markets. Additionally, there are possibilities in the non-fungible token (NFT) sector, including peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, and NFT fractionalization.

In the context of blockchain technology, an oracle is an external information provider that supplies verified data from external sources to smart contracts. Oracles play a critical role in blockchain ecosystems by connecting them to real-world data and enabling the execution of smart contracts based on this external information. DIA's oracles serve this purpose by providing accurate and reliable price data for cryptocurrencies and NFTs.

Why use DIA's DENT API & price oracle?

DIA's DENT API and DENT Price Oracle offer a range of benefits for users in the blockchain ecosystem. The primary advantage of leveraging DIA's technology is the high level of customisation available. Users can tailor each oracle and API endpoint to suit the specific needs of their decentralised applications. They can configure the data sources that make up the feed, apply data cleaning filters and pricing methodologies, and set the update mechanisms and frequency. This ensures robust and resilient data and oracles that remain adaptable to market conditions, providing global and specific market prices.

Transparency is another major benefit of using DIA's API and Oracle feeds. DIA provides full and granular transparency throughout the entire data journey, enabling users to have complete visibility into the data sources and processes. Additionally, DIA offers tracking and monitoring tools to closely monitor the oracle and API feeds.

Overall, DIA's DENT API and DENT Price Oracle offer reliable and accurate price data for cryptocurrencies and NFTs. With the ability to customise and have full transparency, users can confidently rely on DIA's technology for their blockchain applications and make informed decisions based on reliable market data.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.