Price oracles for
liquid staked derivatives

xLSD feeds unlock the true potential of Liquid Staked Derivatives by providing collateral-checked, fair-value price feeds.

Unlocking LSD utility

MAKING BILLIONS IN IDLE TVL ACCESSIBLE FOR DEFI

Icon Staking Protocols
Increase value for users by enabling DeFi dApps to integrate your LSDs
In addition to market price feeds, DIA xLSD provides fair value of LSDs. This enables DeFi protocols to safely integrate support for LSDs and offer additional utility for stakers.
Icon DeFi Apps
Attract TVL by providing utility for LSDs with robust and transparent pricing feeds
Integrate support for Liquid Staked Assets into your protocol with xLSD, opening access to billions of dollars in idle capital and generating immediate value for users.

Introducing Dia xLSD

DIA's xLSD feeds enable DeFi protocols to support Liquid Staking Derivative tokens through a pricing approach which accounts for the collateral ratio.
Novel
Fair-value pricing

Instead of leveraging exchange data to price LSDs, DIA leverages on-chain information to create “fair-value” price oracles.

Low risk
Better risk management

DIA's fair-value LSD pricing evaluates the asset’s collateral ratio, to improve transparency and reduce the risk of market price manipulation.

Customizable
Fully customisable

xLSD feeds can be custom-built for any Liquid Staked Derivative for any protocol on any network.

HOW DOES IT WORK?

 

1
Collateralisation ratio is determined

This requires the deposited volume of the base token and the volume of minted derivatives.

Both metrics are read on-chain from the smart contract of the staking protocol.

2
Market value of base token is calculated

DIA’s price feeds are calculated using trade data from multiple high volume exchanges.

Prices are determined by filtering market outliers and applying transparent pricing mechanism.

3
Fair-value feed is pushed on-chain

xLSD feeds can be deployed on any of DIA’s 30+ integrated L1 and L2 networks.

Users can customise oracle parameters such as update mechanism and frequency.

EXAMPLES OF DIA xLSD FEEDS

vMOVR
vMOVR
Issuer
Bifrost Bifrost
Fair Value
$ 27.76
Collateral ratio
120.38%
vBNC
vBNC
Issuer
Bifrost Bifrost
Fair Value
$ 0.78
Collateral ratio
108.77%
vGLMR
vGLMR
Issuer
Bifrost Bifrost
Fair Value
$ 0.49
Collateral ratio
110.59%
vASTR
vASTR
Issuer
Bifrost Bifrost
Fair Value
$ 0.17
Collateral ratio
105.44%
vFIL
vFIL
Issuer
Bifrost Bifrost
Fair Value
$ 8.59
Collateral ratio
111.14%
IBTC
IBTC
Issuer
Interlay Interlay
Fair Value
$ 51,589.09
Collateral ratio
131.71%

EXPLORE INTEGRATIONS

UNLOCK THE FULL UTILITY OF YOUR LIQUID-STAKED DERIVATIVES

DIA xLSD feeds vastly improve the capability of protocols to integrate your LSDs. Deploy price oracles for your LSDs to enable a number of DeFi use cases.

Safeguard
Safeguard from Failure
xLSD's feeds allow protocol operators and users to monitor collateral ratios and detect hacks, overissuance and other issues.
Lending
Lending & Borrowing
Enable users to deposit their liquid staked assets as collateral to settle loans, run swaps and many more.
Options DEX icon
Options & Futures
Build sophisticated dApps for the new generation of assets that liquid staking derivatives represent.
Asset Management icon DeFi
Asset Management
Power the automatic management of on-chain pools with DIA’s oracles for liquid-staked derivatives.

Questions?

Connect with the DIA community and get help.