Hello Optimism: DIA Oracles are Live on Optimism
We are thrilled to announce that DIA’s open-source oracle infrastructure is integrated with Optimism, the low-cost and lightning-fast Ethereum L2 blockchain.
Optimism is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. Built as a minimal extension to existing Ethereum software, Optimism’s EVM-equivalent architecture scales Ethereum apps without surprises. If it works on Ethereum, it works on Optimism at a fraction of the cost.
Optimism is an “Optimistic Rollup,” a layer 2 scaling protocol tailored for extending the throughput associated with the base layer, Ethereum. The Optimism Optimistic Rollup takes advantage of the PoS consensus mechanism of Ethereum, its parent chain, instead of providing its own.
Bringing DIA’s Broad Data Library
We are delighted to announce that DIA has integrated its open-source oracle infrastructure with the Optimism network. DIA’s end-to-end oracle services are now available for builders on Optimism, fostering the safe development of DeFi and NFTfi decentralised applications on the Ethereum Optimistic Rollup.
How Does DIA Work?
To provide such a comprehensive range of price feeds, DIA’s community of developers scrape data directly from a wide variety of on-chain sources (DEXs, NFT marketplaces, etc.) and off-chain sources (CEXs) at individual trade levels. Currently, DIA is fetching data from 65+ data sources.
This granular approach allows DIA to leverage the broadest possible set of sources, ensuring maximum coverage of asset price data and feed reliability. As a result, any asset that is publicly accessible can be sourced, regardless of whether it is listed on exchanges and what its trading volume is.
DIA’s open-source oracle infrastructure differentiates itself from other Web3 data solutions as it doesn’t rely on third-party data providers. With this system, DIA is able to meet any specific data and asset requirements a project may have while also providing users complete transparency on how the data feeds are made.
“We are beyond excited to connect our open-source and customisable data and oracle infrastructure the Optimism. Decentralised application builders have now access to transparent and customisable price oracles for top assets, but also long-tail assets and NFT collections. This integration will enable efficient and reliable getaway to expand DeFi and NFTfi use cases beyond the top digital assets.”Michael WeberDIA Co-Founder
Optimism DIA Demo Oracle
Test the DIA demo oracle on the Optimism by interacting with the following demo oracle:
- Mainnet: 0x7A924305e8C00757db6131D665e5D559EAD9f7Cd
- Testnet: Coming soon
Note: DIA Demo Oracle contracts are not intended to be integrated into dApps. DIA deploys dedicated contracts for dApps, please request a dedicated oracle. Learn more about DIA demo oracles in the DIA Documentation.