Oracle Infrastructure for
Vaults and Lending Markets
Vault platforms and lending protocols need more than market price feeds. Yield-bearing collateral, structured vault tokens, and illiquid positions require fundamental valuation that computes intrinsic worth from on-chain data. DIA delivers both market and fair-value pricing so protocols can safely accept the full spectrum of DeFi collateral.
When Collateral Doesn't Trade on Liquid Markets
Institutional DeFi is converging on curated vault architectures: professionally managed strategies that accept diverse collateral, optimize yield, and expose risk through structured products. Morpho, Euler, Silo, and others have built the rails. Risk curators like Gauntlet and Steakhouse Financial model the scenarios.
But the oracle layer hasn’t kept pace. Yield-bearing tokens like stETH or satUSD+ derive value from smart contract redemption rates, not from exchange order books. Vault tokens representing leveraged positions have deterministic intrinsic value computable from their balance sheets. Tokenized fund shares may not trade at all.
Market-based oracles structurally cannot price these assets. DIA provides both market price feeds for liquid collateral and fundamental valuation infrastructure for everything else: contract exchange rates for yield-bearing tokens, NAV calculations for vault positions, and reserve-backing ratios for collateral verification.
Oracle Infrastructure
Built for Institutional Lending
Contract Exchange Rate Feeds
For yield-bearing tokens like stETH, satUSD+, and aTokens, DIA reads redemption rates directly from protocol smart contracts. The price reflects what the token can actually be redeemed for, not what it last traded at on a thin secondary market.
NAV for Vault Tokens
For structured vault positions, DIA computes Net Asset Value by reading the vault's on-chain balance sheet, pricing each asset and liability with DIA oracles, and returning per-share intrinsic value. Lending protocols get auditable collateral pricing for positions that have no meaningful secondary market.
Multi-Source Market Price Feeds
For liquid collateral with deep trading activity, DIA aggregates raw trade data from 100+ direct exchange sources with built-in filtering against outliers and manipulation. Both DIAOracleV2 and Chainlink-compatible interfaces are available on every supported chain.
Case Studies
Dual-Methodology Pricing
for Origami's hOHM Vault Token
DIA co-designed a NAV-based fundamental feed that reads hOHM's on-chain balance sheet and computes intrinsic value, combined with market pricing through a max() function to protect lending market participants from temporary dislocations.
Market + Fundamental Pricing
for River's Stablecoin System
DIA delivers market price feeds for satUSD across five chains and a Contract Exchange Rate fundamental feed for satUSD+, computing fair value from the vault's redemption rate rather than sparse DEX activity.
Oracle Infrastructure
for Hydration's Money Market
DIA powers Hydration's lending protocol on Polkadot with custom price feeds, enabling collateral pricing for assets across the Polkadot ecosystem.