DIA integrates Fantom to offer customizable data feeds
We are thrilled to announce that the open-source oracle provider DIA has integrated Fantom Opera mainnet to offer a vast range of data feeds to Fantom ecosystem projects. These feeds, which cover both leading assets and long-tail asset prices, include 6k+ digital asset price feeds, 20k+ traditional financial asset price feeds, lending rates, FX rates, and more.
DIA’s community of developers scrape data directly from on-chain sources or CEX APIs at the individual trade level to source their feeds. Scraping directly from Fantom markets like SpookySwap will effectively enable DIA to offer a Fantom-native oracle with comprehensive coverage and granularity.
Developers using DIA will further benefit from the flexibility to build unique price feed oracles with customizable sets of data feeds and computational methodologies. Any data feed that is publicly accessible can be sourced on DIA, regardless of its exchange-listing status or trading volume.
This new integration will support projects on the Fantom ecosystem seeking to innovate use cases around stablecoins, stakings rewards, lending, borrowing protocols, DEXs and more.
DIA recently onboarded its first dApps in the Fantom ecosystem, including the Fantom-native NFT marketplace, Ovre. Further DIA-Fantom ecosystem partnership announcements are expected over the coming weeks.
“Fantom is an exciting ecosystem with a fast and efficient ledger and a growing number of dApps operating. We are very excited to contribute to its adoption by helping new dApps have access to transparent and reliable data. Developers on Fantom can now start using DIA oracles to build new use cases for any digital asset.” Michael Weber, Founder and Association President, DIA
“The Fantom team is focused on building the most developer-friendly chain in the industry. Alongside the extensive R&D we devote to the core and middleware layers of the Fantom protocol, we prioritize offering projects the toolchains and resources they need to build tomorrow’s dApps. With the range of integrations that the ecosystem offers, DIA will play an important role in supplying Fantom developers with a highly-performant oracle service that is accurate and flexible. We’re extremely happy to be working with them.” Michael Kong, CEO Fantom
Fantom developers seeking tailored data feeds are invited to contact the DIA business development team to explore data solutions.
DIA (Decentralized Information Asset) is a cross-chain, open-source data and oracle platform for the DeFi ecosystem. DIA leverages crypto-economic incentives to drive supply, share and use transparent, crowd-verified price data and oracles on financial and digital assets. DIA’s data sources and methodologies are transparent and publicly accessible for everyone.
Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in around a second and cost on average one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.