DIA Partners with Hydration, Powering DeFi Lending with Polkadot-Native Assets
Hydration, the unified DeFi platform on Polkadot, has integrated DIA oracles to enable lending markets including DOT-native assets, unlocking new liquidity and utility across its ecosystem
Introducing Hydration
Hydration is a next-gen DeFi protocol built on Polkadot. Its mission is to make DeFi efficient, simple, and unstoppable. To achieve this, Hydration unites swaps, lending and a stablecoin currency under the roof of a single, scalable appchain.
Hydration Integrates DIA Oracles to Power Money Market
The Hydration money market now uses DIA’s state-of-the-art oracles to provide robust and transparent price feeds for 12 asset markets, including DOT, ETH, sUSDe, sUSDs, tBTC, USDC, USDT, wBTC, and wstETH.
DIA’s ability to support ecosystem-native assets plays a key role in enabling Hydration to launch lending markets for Polkadot-native tokens.
The integration was approved via a DAO proposal passed by the Hydration council and funded through a recent retroactive tip request.
Benefits Unleashed by DIA Oracles
This partnership brings multiple advantages to Hydration’s money market:
- Enhanced Data Transparency: With DIA’s unique first-party data sourcing strategy from over 100 centralized and decentralized exchanges, Hydration gains unparalleled transparency in price feeds, from source to feed.
- Expanded Asset Support: The same data sourcing strategy enables DIA to construct price oracles for over 3,000 assets, including chain-native assets specific to the Polkadot ecosystem.
- Customizable Data Feeds: With tailor-made data feeds in terms of sources and update mechanisms, the specific needs of the Hydration platform are met, ensuring precision and reliability in asset valuation.
