Partnership with Dfyn
We are delighted to announce a partnership with Dfyn Network. Dfyn will integrate DIA’s accurate price feeds to fuel its prediction market platform and limit order DEX.
Dfyn Network is an on-chain limit order DEX, built to be interconnected across ecosystems with nodes spread on different blockchains. These DEXs share liquidity across multiple Layer 1 and Layer 2 blockchains and enable cross-chain swaps by leveraging Router Protocol’s XCLP.
With Dfyn, nodes spread across many L1s and L2s, Dfyn enables users to perform their asset trades seamlessly on several blockchains from a single interface. Dfyn will also build a decentralized swap station to swap large assets natively like BTC, ETH, ADA in a non-custodial way.
DIA and the multi-chain AMM DEX Dfyn enter a new partnership, where Dfyn will integrate DIA’s trusted oracles for its Polygon-based price DEX and prediction markets product. DIA will feed Dfyn’s AMM platform with a volume-weighted average price index of market prices. This integration also represents the first use case of DIA oracles for a DeFi prediction market product.
Additionally, DIA will provide Dfyn with a unique TWAP — time-weighted average price feed (DFYN/USDT). With access to real time price information for this asset, Dfyn plans also leverage DIA’s trusted oracles to enable lending and borrowing activities on its platform.
“DIA was able to provide us with fast-updating DFYN price oracle on Polygon which will find its use-case in many applications like borrowing/lending and prediction markets. We look forward to working with Dia for building new products for the long-tail and mid-tail of the crypto market.”Ramani RamachandranCEO at Dfyn
