coin icon

DIA Price

(DIA)

$0.1001
0.00%(5m)

1m5m15m1h8h1d1W
DIA (DIA) Live Price Chart

    DIA Live Price Data

    DIA is currently trading at 0.1001, with a 24-hour trading volume of 35204.3826. Over the past hour, the price of DIA changed by -0.09%, and over the past week, its value in dropped by -5.47%. The circulating supply of DIA is 119,676,104 DIA, with a market cap of 12051631.16857795379722080000 , down -0.09% in the last 24 hours. DIA is ranked #893 by market cap.

    How do you feel about DIA today?

    Note: This data is for reference only.
    pk

    DIA(DIA) Profile

    altRank893
    rate--
    Expand
    $0.1001
    $0.1016

    ATH
    $5.79445071
    Price Change (1h)
    -0.69%
    Price Change (24h)
    -0.09%
    Price Change (7d)
    -5.47%
    Market Cap
    24h Volume
    Circulating Supply
    119,676,104
    Max Supply
    200,000,000

    About DIA

    • What Is DIA (DIA) Crypto?

      DIA (Decentralised Information Asset) is a cryptocurrency and an open-source financial information platform. This platform aims to provide reliable and verifiable financial data from both traditional and digital markets.

      DIA functions as a decentralized oracle that provides external data to smart contracts on the blockchain. The platform aggregates data from various sources, ensuring transparency and reliability. This is particularly important in the cryptocurrency market, where data accuracy is a common concern.

      DIA is open-source, meaning its codebase is publicly accessible for scrutiny and contributions. DIA’s oracles provide a range of market data solutions, including price oracles for DeFi applications, which are essential for loan collateralization, derivative pricing, and automated asset management.

      The DIA platform has its native token, also called DIA, available on Ethereum, BNB Chain, and Arbitrum. This token is used within the ecosystem for various purposes, such as governance (voting on proposals), staking, and rewarding contributors.

    • How Does DIA Oracle Work?

      DIA aims to address the challenges of data transparency and accuracy in the financial world, especially in the world of crypto and DeFi. Here's a breakdown of how it operates:

      Data Collection

      DIA collects data from various sources, including exchanges, price feeds, and other relevant financial platforms. This data can range from cryptocurrency prices to traditional financial market information.

      Decentralized Oracles

      The core of DIA's functionality lies in its decentralized oracles. Oracles in blockchain are entities that connect blockchains to external systems, allowing smart contracts to execute based on real-world data. However, traditional oracles can be a single point of failure. DIA's decentralized approach involves multiple sources and validators for data, thus reducing the risk of manipulation or error.

      Data Validation and Verification

      Data gathered by DIA is validated and verified through a community-driven process. This process ensures the accuracy and reliability of the information. Contributors who help validate and curate data can be rewarded with DIA tokens, creating an incentive for maintaining data integrity.

      Smart Contract Integration

      The verified data is made available to smart contracts on various blockchain networks. This integration is crucial for DeFi applications that require real-time, accurate data for functions like price feeds for assets, interest rate calculations, and triggering of contract clauses.

      Governance

      DIA operates with a governance model that allows DIA token holders to participate in decision-making processes. This includes voting on proposals related to the platform's development, changes in governance rules, or other key decisions.

      Open-Source Development

      Being an open-source platform, DIA allows developers and data scientists to contribute to its codebase. This collaborative approach aims to foster innovation and continuous improvement of the platform.

      Use Cases

      The data provided by DIA is vital for various applications, especially in DeFi. This includes lending platforms, prediction markets, asset management tools, and more. The accuracy and timeliness of data are critical for the functionality and security of these applications.

    • When Was DIA (DIA) Coin Launched?

      The founders of DIA (Decentralised Information Asset) are Michael Weber, Samuel Brack, and Paul Claudius. These individuals combined their expertise in various fields, including finance, technology, and entrepreneurship, to create a platform to provide transparent, accurate, and decentralized financial data. Their vision was to address the challenges of data reliability and accessibility in both traditional and decentralized financial markets, which led to the development of the DIA platform.

      DIA was officially launched in August 2020. The project conducted its initial decentralized exchange offering (IDO) that month, marking its entry into the cryptocurrency market. This launch period also coincided with a significant increase in interest and activity in the decentralized finance (DeFi) space, to which DIA is closely related. The timing of DIA's launch positioned it to be a part of the rapid growth and innovation occurring in DeFi during that period.

    • How to Use DIA Token

      $DIA, the native token of the DIA ecosystem, has the following use cases:

      1. Governance of DIA: DIA token holders can participate in the governance of the DIA platform. This includes voting on various proposals that shape the development and operational aspects of the DIA ecosystem. Governance might involve decisions about feature updates, integration of new data sources, or changes in the platform's protocols.

      2. Staking on DIA Network: Users can stake their DIA tokens to contribute to the network's security and efficiency. Staking often comes with incentives, where participants earn rewards for their contribution. This staking mechanism can also be integral to the validation process of the data provided by the platform.

      3. Data Curation and Validation Rewards: Contributors who participate in the collection, validation, and curation of data on the DIA platform can be rewarded with DIA tokens. This incentivizes community members to ensure the accuracy and reliability of the data provided.

      4. Access to Services: In some cases, DIA tokens can be used to access premium services within the DIA ecosystem. This could include advanced data analytics tools, additional API calls for data retrieval, or specialized financial reports.

      5. Liquidity Provision: DIA tokens can provide liquidity in various decentralized exchanges. Liquidity providers often receive rewards through transaction fees or additional DIA tokens.

      6. Trade DIA on KuCoin:Trade DIA coin on the KuCoin Spot Market against other cryptocurrencies to make the most of changing market conditions and volatility. Buy or sell DIA, or hold it long-term if you believe in the future potential of the DIA oracle network. Remember to DYOR before trading DIA token in the market.

    FAQ

    • How much is 1 DIA (DIA) worth?

    • Is DIA (DIA) a Good Investment?

    • What Is DIA Price Prediction?

    • Who Are DIA’s Partners?

    • What is the all-time high price of DIA (DIA)?

    • What is the all-time low price of DIA (DIA)?

    • How much DIA (DIA) is there in circulation?

    • How do I store DIA (DIA)?