DIA Partners with Enclabs for Verifiable SNAKE/USD Pricing on Sonic
**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.