DIA Insights
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DIA Insights

Introducing the Next Phase and Identity for DIA

DIA has been building and shipping for the past months, executing DIAs core mission to provide access to transparent data by building a unique value proposition in the oracle space. Today we are launching an entirely new homepage and App while presenting the maturing DIA brand.

A quick reminder about DIA

DIA is an open-source oracle platform, which provides data to smart contracts. DIA’s architecture fundamentally differs from other providers in the market in that we cover the entire data value stack:

  1. Computation: We compute price feeds and other critical information from these individual data points based on the needs of our users
  2. Distribution: We deliver data feeds to off-chain users as well as oracles to smart contracts on-chain on 30 different L1 and L2 networks.

DIA’s central initiatives

While making our oracles available in as many ecosystems as possible and integrating with projects across various verticals in Web3 are ongoing and continuous in nature, we are working on a few initiatives central to our strategy:

  1. Providing a self-service product architecture that allows anyone to autonomously create and deploy data feeds with custom methodologies for specific use cases and guidance to understand the associated risk in depth.
  2. Maximising security, data immutability and transparency along DIA’s value stack, from sources used to the library hosted to computation to ingestion of the data.
  3. Developing a framework and infrastructure to enable the community to autonomously contribute to the DIA project across verticals from development and data sourcing to business development and marketing.
  4. Updating our brand to ensure that the look and feel of our project matches the advances and improvements we have accomplished.

Data offering

Being the core product of the DIA platform, we continuously work on broadening and deepening our data library both in terms of categories of data provided and sources used as well as the methodologies applied.

  • 20.000+ Tradfi assets like equities and FX rates
  • 18.000+ NFT collections’ floor price feeds
  • Multi-chain, verifiable on-chain Randomness
  • 70+ data sources including DEXs, CEXs and NFT marketplaces

Self-service architecture

In order to enable frictionless and autonomous interaction with DIA and the possibility for anyone to create data feeds for their specific use case, we are publishing several tools.

Explore DIA’s library with the feed explorer

DIA’s database has hitherto been made visible via our documentation and interaction with our API endpoints. As this may be abstract for some stakeholders and lacks some context around each data point available, DIA is launching a data explorer that allows anyone to browse and look for specific feeds and sources as well as learn about the context of each data point.

DIA’s new feed explorer

Create custom feeds with xStream

xStream is DIA’s self-service tool to customise and create any API endpoint, without the need to interact with developers. Users can specify exactly what they require including source markets, methodology parameters like time range, window size, update triggers and frequency.

DIA’s custom feed builder xStream

Community / DAO

We continue to develop a framework and infrastructure for community contributions to DIA. The first steps of creating the foundation for a DAO have been made which allow us to collect learnings to expand and develop this initiative.

Project- and workstream-driven organisation for the DAO

Transparency and security

One of DIA’s core promises is full transparency about its data value stack. While not exhaustive, transparency is the core driver for security and alignment of interests. DIA has pushed several initiatives to improve transparency across the board.

Revamped documentation

Platform Monitoring Dashboard

As part of our transparency initiative we launched a dashboard to see the status of the different modules of the DIA platform. We will continue to expand on this and deliver real time status on a broader and more granular level over time.

CARs and CDRs

CARs (Community Approval Requests) and CDRs (Custom Delivery Requests) serve an important purpose: Ensuring that the modules of our platform from sources to methodologies and more are publicly vetted and approved (CARs) as well as making requests for custom feeds public and auditable. This way the community can see, challenge and approve or improve anything that is deployed.

Github

Our Github has not changed critically, yet it is worth mentioning that it hosts an extensive repo of pull requests that provides transparency about the code base and scrapers implemented in our platform.

Brand

DIA launched with a beautiful brand in 2018. Ever since, we have come a long way along all aspects of the project from technology to product to community. We felt that the current brand and presence no longer represents the progress we have made. Today we introduce a new brand that reflects these values more accurately and will give DIA a fresh new look and feel to build around.

A glimpse ahead

While the explorative nature of the market and the fast-paced dynamics of the ecosystem can make it difficult to give precise timelines, we want to share some of the general topics we are working on.

  1. Providing an automated oracle delivery mechanism which enables anyone to define and deploy any standard oracle within minutes, utilizing DIA’s infrastructure and comprehensive data offering.
  2. In-depth risk reporting and management system to ensure that users are aware of general and specific contexts of using the feeds they create and deploy.
  3. Continued effort to provide universal availability of DIA’s data feeds on all relevant existing and upcoming networks as well as providing new, relevant, more specific and complex data feeds.

About DIA

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3. The DIA platform enables the sourcing, validation and sharing of transparent and verified data feeds for traditional and digital financial applications. DIA’s institutional-grade data feeds cover digital asset prices, NFT floor prices, lending rates, FX rates and more.

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DIA Core Team

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3. https://go.diadata.org/