xLSD feeds unlock the true potential of Liquid Staked Derivatives by providing collateral-checked, fair-value price feeds.
Instead of leveraging exchange data to price LSDs, DIA leverages on-chain information to create “fair-value” price oracles.
DIA's fair-value LSD pricing evaluates the asset’s collateral ratio, to improve transparency and reduce the risk of market price manipulation.
xLSD feeds can be custom-built for any Liquid Staked Derivative for any protocol on any network.
This requires the deposited volume of the base token and the volume of minted derivatives.
Both metrics are read on-chain from the smart contract of the staking protocol.
DIA’s price feeds are calculated using trade data from multiple high volume exchanges.
Prices are determined by filtering market outliers and applying transparent pricing mechanism.
xLSD feeds can be deployed on any of DIA’s 30+ integrated L1 and L2 networks.
Users can customise oracle parameters such as update mechanism and frequency.
DIA xLSD feeds vastly improve the capability of protocols to integrate your LSDs. Deploy price oracles for your LSDs to enable a number of DeFi use cases.
Connect with the DIA community and get help.