Request an oracle
Introduction to DIA's custom oracles
DIA deploys bespoke oracles per dApp, offering highly customizable feeds that are individually tailored to each use case's needs. This ensures that the data and oracle remain robust and resilient to the market conditions and provide a global market as well as specific individual or cross-chain market prices.
The typical process and steps involved in deploying and utilizing a custom oracle are as follows:
Step | Information | Learn more |
---|---|---|
Contact | Users can start the oracle request process by getting in touch with the team via Telegram/Discord or submitting a proposal on the Forum. | |
Oracle design: Assets | Users select the desired assets to build price feeds for. See all currently supported assets by visiting DIA's data library. Any other asset can also be added on demand. | |
Oracle design: Data sources | Users pick which exchanges and DEX pools to use as a source to build the feeds. See all currently supported sources by visiting DIA's data library. New markets can also be added on demand. | |
Oracle design: Methodologies | Users define how to treat the data by applying data cleansing filters and pricing methodologies. See the set of methodologies DIA currently offers. New ones can also be created on demand. | |
Oracle design: Update mechanism | Users define the mechanisms that will trigger the oracles to update. See the update triggers DIA currently offers. New ones can also be made available on demand. | |
Oracle design: Target network | Users select in which blockchain network(s) the oracle shall be deployed, as well as testnet oracle deployment is required. | |
Deployment | The DIA team will gather oracle design specifications. After an internal review and confirmation with the user, the oracle deployment will commence. | |
Gas funding | Upon completion of deployment, users are provided with the oracle's address and its gas wallet address. It's crucial to maintain sufficient network tokens in the gas wallet to ensure the oracle's operation. | |
Oracle monitoring | DIA provides analytics and monitoring tools to track the status of the user's feeds and oracles. Users can set up notifications to stay informed. | [coming soon] |
Start request process
Once you've comprehended the procedure for requesting a custom oracle with DIA, you can initiate your process by contacting DIA in the following three ways:
For a consultation with the DIA integrations team, get in touch via Telegram or Discord. The team will gather the requirements and create a solution proposal for you. Once it’s approved, the oracle deployment will commence.
If you already have a specific implementation in mind, you can directly and autonomously submit a “Custom Delivery Request” in the DIA Forum. The oracle will be deployed according to the specs.
Developers can autonomously and instantly deploy a custom price oracle using DIA’s latest self-service tool: DIA Oracle Builder. Currently only available for token price oracles.
Request examples
Here are a few examples of custom oracle requests:
Introduction
Protocol: Silo Finance
Website: https://www.silo.finance/
Integration: Arbitrum native assets price feeds for Silo Finance Lending Protocol.
Request information
Assets
The following assets will be included in the oracle:
Asset Ticker | Asset Blockchain | Asset Address | Asset Markets Overview | Trades Aggregation Window Size |
---|---|---|---|---|
Grail | Arbitrum | 120 sec | ||
Jones | Arbitrum | 120 sec | ||
ETH | Ethereum | 0x0000…0000 | 120 sec |
Methodology
Pricing methodology: Moving Average Price with Interquartile Range (MAIR) will be used to calculate the asset price. Learn more about it here
Update mechanism: deviation + time
0.5% deviation threshold for each asset
The feed will be updated every 24h period if there are no deviation-based updates
Update frequency: 120 sec updates frequency check will be applied
Delivery information
Delivery Method: Oracles on Arbitrum network
Is testnet deploy required: No
Delivery Estimate: As soon as possible
Notes
Additional relevant information: N/A
See all custom oracle delivery request in th
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