Case Study: DIA Oracles on Arbitrum

By DIA DAO | Open-Source Oracles for Web3
Feb 8, 2024, 5:00 PM
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The DIA DAO has released a case study highlighting the role of DIA's oracles in supporting various DeFi use cases within the Arbitrum ecosystem.​ DIA's unique approach ensures transparency and customizability by sourcing raw trade data directly from 80+ centralized and decentralized exchanges.​ With support for over 2,500 tokens, DIA is fueling innovation and expanding the scope of DeFi applications on Arbitrum.​ The case study showcases how DIA's oracles are driving growth and supporting dApps on Arbitrum, including dopex_io, SiloFinance, FactorDAO, unsheth_xyz, y2kfinance, mean_fi, SouqFinance, and PreonFinance.​ DIA is also supporting the Arbitrum ecosystem through initiatives like Oracle Gasdrop grants and leading support for Liquid Staked Tokens (LSTs).​ The case study highlights how DIA overcomes challenges faced by traditional oracle providers and provides customized solutions to ensure reliable and precise data for each supported asset.​ DIA's oracles have successfully integrated with Silo Finance, leading to thriving lending markets for various assets.​

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๐Ÿ”ฎ DIA Oracle Expansion

**DIA deploys three new production-ready price feeds:** - **$sUSDe** - Ethena Labs' staked synthetic dollar offering yield-bearing rewards - **NFT Strategy tokens** - Token Works' automated protocol solutions - **GBP/USD** - British Pound forex pair as Real World Asset (RWA) feed All feeds use **verifiable first-party data** and are available across DIA's 60+ supported blockchain networks. Developers can now integrate these feeds into their dApps or request custom oracle solutions tailored to specific needs.

๐Ÿ›๏ธ Vault Summit explores where vaults end and funds begin

**Vault Summit** brings together industry leaders to examine how vaults are transforming onchain asset management. On November 18th, experts from **Morpho Labs**, **Gauntlet**, **Kiln Finance**, and **Nexus Mutual** will discuss the evolving boundary between vaults and traditional funds. The discussion comes as vaults gain prominence in DeFi: - Curated vaults on Morpho now represent **50%+ of all ERC-4626 vault deposits** - Industry reports highlight vaults as the **new standard for asset curation** - The vault model is reshaping how assets are managed onchain This summit addresses a critical question facing the industry: as vaults become more sophisticated, where do they end and traditional fund structures begin?

๐Ÿ”— DIA Oracles Add GBP/USD Price Feed

๐Ÿ”— DIA Oracles Add GBP/USD Price Feed

**DIA oracles now support GBP/USD price feeds**, expanding their real-world asset data offerings. The British Pound vs US Dollar pair, known as "Cable," is among the most actively traded forex pairs worldwide. This addition enables: - International settlement operations - Cross-border payment systems - Forex trading platform integration The **GBP/USD feed is production-ready** and follows DIA's auditable source-to-destination chain methodology. This builds on DIA's recent expansion, which included adding the Nigerian Naira (NGN/USD) price feed in October, demonstrating their commitment to providing diverse currency pairs for DeFi applications. Access the feed: [GBP/USD on DIA](https://www.diadata.org/app/rwa/GBP/)

๐Ÿ”— DIA Oracles Add sUSDe Price Feed

๐Ÿ”— DIA Oracles Add sUSDe Price Feed

**DIA oracles now provide price feeds for sUSDe**, Ethena Labs' staked synthetic dollar. **What is sUSDe?** - Yield-bearing version of USDe synthetic dollar - Users stake $USDe to receive $sUSDe tokens - Earns protocol rewards from delta-hedged positions and DeFi integrations **Oracle Integration** The live sUSDe price feed is accessible through [DIA's platform](https://www.diadata.org/app/price/asset/Ethereum/0x9D39A5DE30e57443BfF2A8307A4256c8797A3497/), expanding data availability for developers building onchain products. This follows previous oracle integrations, including API3 Market support for sUSDe/USDe exchange rates across 17 blockchains.

๐Ÿ”ฎ Oracle Expansion Continues

**DIA oracles expand with four new price feeds this week:** - **$INTC** (Intel) - **$HBAR** (Hedera) - **$LTC** (Litecoin) - **$XG** (Copper) All feeds use **transparent, first-party data** sourced directly from trading venues. **Key highlights:** - Over **10,000+ supported feeds** now available - Production-ready across **60+ blockchain networks** - Built for enterprise-grade reliability This expansion follows recent individual launches of $LTC and $HBAR feeds, demonstrating DIA's commitment to providing comprehensive oracle infrastructure. [Explore all feeds](https://www.diadata.org/app/)