What is DIA?
DIA Data is a comprehensive cross-chain data and oracle platform that specializes in providing customizable data feeds sourced from various exchanges, enabling transparency, customization, and scalability for both web3 and web2 use cases.
More about DIA
DIA Data operates as a cross-chain oracle and data platform, offering a robust infrastructure for collecting, processing, and delivering granular market data sourced from a wide array of exchanges, including both centralized exchanges (CEXs) and decentralized exchanges (DEXs).
At its core, DIA's architecture comprises three main components: Collection, Computation, and Publication.
- Collection: DIA's data collection system retrieves raw trading data from over 80 sources, encompassing CEXs, DEXs, NFT marketplaces, cross-chain bridges, and third-party data aggregators. By sourcing data directly from exchanges' databases, subscribing to swap events on decentralized exchanges, tracking on-chain transactions for NFTs, and collecting cross-chain swaps, DIA ensures comprehensive coverage and high precision.
- Computation: DIA employs transparent computational methodologies to process the collected raw trade data into reliable price feeds. This includes outlier cleansing filters, sophisticated pricing techniques, and customizable methodologies tailored to specific use cases. From simple asset price feeds to complex, use-case-specific feeds, DIA's computation system adapts to diverse requirements.
- Publication: Upon computation, the price feeds are published via API endpoints and wrapped in oracle smart contracts for on-chain deployment. DIA's decentralized network of nodes then takes on the responsibility of pushing oracle data on-chain, serving over 30 major L1/L2 blockchains. This end-to-end process ensures transparency and enables users to access accurate, timely data for their applications.
DIA's data offering spans cryptocurrency prices, NFT floor prices, fair value feeds for liquid-staked tokens, random number generation, and more. With support for REST APIs, GraphQL, blockchain oracles, and integration with 35+ blockchain networks, DIA provides versatile data access for both web2 and web3 applications.
In addition to providing data feeds, DIA prioritizes transparency and customization, allowing dApp developers and users to understand precisely how data is sourced, what methodologies are applied, and which sources are utilized. By leveraging multiple markets as sources and enabling customization of methodologies and sources, DIA mitigates the risk of single-source oracles, enhancing resilience against price manipulations and attacks.
Overall, DIA Data offers a robust, transparent, and customizable solution for accessing reliable market data and oracle services, catering to the diverse needs of decentralized applications in the evolving landscape of blockchain technology.
DIA Data key offerings
- Highly Customizable Oracles: DIA offers highly customizable oracle solutions tailored to each dApp's specific needs. This customization extends to various aspects such as price feeds, data sources, data cleaning filters, pricing methodologies, and update mechanisms. By providing such flexibility, DIA ensures that its oracles remain robust and resilient to market conditions, catering to both global and individual or cross-chain market prices. This level of customization enables developers to fine-tune oracle functionalities to precisely fit their application requirements, enhancing the reliability and accuracy of data delivery.
- Robust Data Processing: DIA employs a multi-layered approach to process aggregated data from diverse sources, ensuring the generation of high-quality, reliable price feeds resistant to manipulation and irregularities. Through steps like data cleaning and outlier detection, DIA filters out anomalous data points that could skew price estimations, thus enhancing the integrity of the generated feeds. By utilizing methodologies like Interquartile Range (IR) filters, DIA identifies and excludes outliers, ensuring that only relevant and accurate data contributes to price determination. This robust data processing framework strengthens the trustworthiness and resilience of DIA's oracle solutions.
- Transparent Price Determination Methodologies: DIA employs transparent price determination methodologies to calculate final price values from aggregated trade data. Techniques like Volume Weighted Average Price (VWAP) and Moving Average with Interquartile Range Filter (MAIR) provide robust frameworks for deriving accurate price estimates, considering factors like trade volumes and timestamps. By offering multiple filters tailored to different use cases, DIA ensures that developers have access to methodologies that best suit their application requirements, enhancing the precision and reliability of price feeds.
- Versatile Data Delivery Methods: DIA facilitates versatile data delivery methods, allowing developers to access price feeds both off-chain and on-chain, depending on their application needs. Through API endpoints, developers can retrieve price feeds off-chain using REST API or DIA GraphQL, enabling seamless integration with various applications. Additionally, for on-chain use cases, DIA's oracle smart contracts deliver price feeds directly onto blockchain networks, ensuring data accessibility and reliability. This flexibility in data delivery methods enhances the adaptability and usability of DIA's oracle solutions across different blockchain ecosystems.
- Customizable Update Triggers: DIA's oracle solutions offer customizable update triggers, allowing developers to define rules for refreshing data feeds based on specific parameters. Whether it's request-based (pull), time-based (push), deviation-based (push), or a combination of time and deviation triggers, developers have the flexibility to configure update mechanisms that best suit their application requirements. This customization ensures that data feeds remain up-to-date and relevant, even in scenarios with low liquidity or market volatility, enhancing the reliability and timeliness of data delivery.
Key services & use cases powered by DIA as a Web3 infrastructure provider
- Decentralized Finance (DeFi) Price Feeds: DIA Data serves as a vital infrastructure provider for DeFi platforms by offering accurate and reliable price feeds for various cryptocurrencies and tokens. These price feeds are crucial for functions like decentralized exchanges, lending protocols, derivatives platforms, and automated market makers. By providing transparent and customizable price feeds sourced from multiple exchanges, DIA enables DeFi applications to operate efficiently and securely, reducing reliance on single data sources and mitigating the risk of price manipulation.
- NFT Market Data: DIA Data empowers NFT (Non-Fungible Token) marketplaces and platforms by delivering real-time market data for NFT assets. This includes floor prices, trading volumes, historical data, and other relevant metrics essential for NFT valuation, trading, and investment decisions. By aggregating data from various NFT marketplaces and blockchain networks, DIA enables developers to build innovative NFT applications with access to comprehensive and accurate market insights, fostering growth and liquidity in the NFT ecosystem.
- Cross-Chain Asset Mapping: As a cross-chain data and oracle platform, DIA facilitates the mapping of assets across different blockchain networks through its cross-chain bridge data. This service enables seamless interoperability between blockchain ecosystems, allowing users to swap assets between different chains while maintaining accurate pricing information. By providing reliable asset mapping and price data, DIA enhances liquidity and accessibility across diverse blockchain networks, fostering a more interconnected and efficient decentralized ecosystem.
- Customizable Oracle Solutions: DIA offers highly customizable oracle solutions tailored to the specific needs of decentralized applications (dApps). These oracles can be configured with custom price feeds, data sources, computational methodologies, and update mechanisms, providing developers with the flexibility to design oracle infrastructures optimized for their unique use cases. Whether it's DeFi protocols, NFT platforms, decentralized exchanges, or other Web3 applications, DIA's customizable oracle solutions empower developers to access accurate and timely data essential for building resilient and secure decentralized applications.
- Transparent Data Processing: DIA ensures transparency in data processing by employing robust methodologies for data cleaning, outlier detection, and price determination. Through steps like Interquartile Range (IR) filtering and volume-weighted averaging, DIA filters out irregularities and ensures that only accurate and relevant data contribute to price calculations. This transparency enhances trust and reliability in the data provided by DIA, fostering greater confidence among developers and users in the Web3 ecosystem.
- Scalable Infrastructure: DIA's infrastructure is designed to scale with the growing demands of the Web3 ecosystem, supporting data aggregation, computation, and delivery across multiple blockchain networks. With support for over 30 blockchain networks and 80+ data sources, DIA offers a scalable and resilient infrastructure that can accommodate the diverse needs of decentralized applications and services. This scalability ensures that DIA remains a reliable infrastructure provider for the expanding Web3 landscape, supporting innovation and growth in decentralized finance, NFTs, and other emerging sectors.
