DIA (Decentralised Information Asset) is a blockchain oracle platform designed to provide transparent and reliable data for DeFi applications. It acts as a bridge between off-chain data from various sources and on-chain smart contracts, making it possible to develop financial DApps that rely on accurate, auditable data.
DIA operates on a cross-chain, open-source platform that integrates with multiple blockchains. It sources data directly from over 100 trading venues through a network of nodes incentivised by staking the native $DIA token. The platform features an advanced oracle architecture, "Lumina," and a native L2 rollup called "Lasernet" to handle oracle functions trustlessly. These elements work together to verify, process, and deliver data to smart contracts across numerous chains, leveraging zero-knowledge components for enhanced data verification.
DIA's oracle services are instrumental in various sectors. In DeFi, it supports platforms like Synthetix and MakerDao by providing reliable price feeds. It also assists financial authorities by offering trustworthy data, benefits traders with accurate trading information, and partners with entities to extend advanced data solutions across multiple blockchains. Additionally, DIA's integrations facilitate the development of cross-chain dApps by delivering transparent data streams for financial metrics, including crypto and NFT prices.
DIA was founded in 2018 by Paul Claudius, Michael Weber, and Samuel Brack with the goal of creating an open-source oracle platform tailored for DeFi. The project secured $15.1 million in funding and established partnerships with notable blockchain entities to expand its services. DIA also introduced the "Lumina" oracle architecture to enhance its data delivery systems. It continues to grow its ecosystem by supporting over 50 L1 and L2 blockchains and providing real-time price data for a significant number of cryptocurrencies.