DIA Partners with Enclabs for Verifiable SNAKE/USD Pricing on Sonic
DIA Partners with Enclabs for Verifiable SNAKE/USD Pricing on Sonic
馃 DIA Sonic Partnership
DIA oracles now power institutional-grade lending on Sonic Labs through partnership with Enclabs.
Key developments:
- Verifiable $SNAKE/USD price feeds enable secure collateral pricing
- Real-time data aggregation with complete audit trails
- Transparent liquidation thresholds for algorithmic money markets
Enclabs builds DeFi lending protocols on Sonic, the fastest EVM L1 with 400,000+ TPS. The integration addresses critical needs for institutional users who require complete verification from data source to smart contract.
$SNAKE functions as an algorithmic token pegged to Sonic's native $S, serving as a yield optimizer. DIA's oracle infrastructure ensures accurate pricing across volatile market conditions.
Unlike black box solutions, DIA provides full transparency - essential for algorithmic protocols that institutions need to audit and trust.
This partnership demonstrates how verifiable oracle infrastructure scales DeFi lending on high-performance networks, opening new opportunities for transparent financial protocols.
馃 Partnership with @EnclabsFi Enclabs builds algorithmic money market protocols on @SonicLabs. DIA oracles now enable verifiable $SNAKE/USD pricing for institutional-grade lending operations on high-performance networks.
馃挜 Partnership with @EnclabsFi DIA oracles now power $SNAKE/USD price feeds for Enclabs' algorithmic money market protocol on @SonicLabs. Verifiable collateral pricing for high-performance DeFi lending. 馃У
馃挜 Partnership with @EnclabsFi DIA oracles now power $SNAKE/USD price feeds for Enclabs' algorithmic money market protocol on @SonicLabs. Verifiable collateral pricing for high-performance DeFi lending. 馃У
馃攳 DeFi's Hidden Risk
**DeFi protocols face systemic risk** from unverifiable price feeds that lack transparency. **DIA offers a solution** with complete source-to-contract transparency across: - 20,000+ supported assets - 60+ blockchain networks - Full audit trails for every data point **Key advantage**: Developers can verify each data source rather than trusting opaque price aggregators. This shift from basic price feeds to **comprehensive data verification systems** helps reduce systemic risk in DeFi infrastructure.
馃殌 RWAs Hit $30B+ Onchain
**Real-world assets (RWAs) are rapidly expanding across finance sectors**, reaching over $30 billion onchain and accelerating growth. **Key developments this week:** - Gaming equity tokenization gaining traction - S&P 500 funds moving onchain - AI-powered real estate platforms emerging - Privacy infrastructure integration **Market reality check:** While $300B in "RWAs" exist onchain, $277B consists of stablecoins. The actual tokenized asset market sits at $24-25B. **Infrastructure gaps remain massive** between today's reality and trillion-dollar ambitions, but solutions are emerging rapidly. RWAs are expanding beyond traditional categories into **every sector of finance**, signaling infrastructure maturation across the space.
馃搳 DIA Oracles Expands Price Feed Coverage
**DIA has launched six new production-ready price feeds** for decentralized applications to integrate: - **Crypto tokens**: $MNT (Mantle L2), $SOMI (Somnia Network), $HYPE (Hyperliquid), $ASTER (Aster DEX) - **Traditional stocks**: $AAPL (Apple), $HOOD (Robinhood) The expansion follows DIA's recent partnership with Mantle for institutional-grade L2 pricing data and the launch of Somnia Network's mainnet with 1M+ TPS capability. **Key features**: - Trustless and verifiable oracle infrastructure - Available across 60+ integrated blockchain networks - Production-ready for immediate dApp integration Developers can explore and integrate these feeds through the [DIA App](https://www.diadata.org/app/).
DIA Oracles Secure Morpho's Billion-Dollar Lending Protocol
**DIA oracles now power multiple markets on Morpho**, the leading permissionless lending protocol processing billions in volume. **New secured markets include:** - Macro USD vault by iMacroio - IMF/USDS market by International Meme Fund **Why DIA stands out:** - Direct integration with primary sources (CEXs, DEXs) - Custom feeds for any asset with full liquidity tracking - Trustless onchain computation via DIA's rollup infrastructure - **Every price feed is fully auditable** from source to smart contract This expansion positions DIA for permissionless protocols that need to scale safely across any asset. When protocols can list anything, they need oracles that can price everything verifiably. *More top dApp integrations coming in the next few weeks.*