
 
 Yini into efanelekayo uma umuntu akwazi ukuhweba? Yini into efanelekayo uma umuntu akwazi ukuhweba? U-DeFi, kuyinto isixazululo se-engineering. Ngo-October 10, 2025, ama-oracles abalandela izindleko ze-stressed emakethe ku-automated liquidation systems zihlanganisa Ngaphansi kwe-24 amahora, i-deleveraging engaphezu kwe-1-day ye-crypto edolobheni, enikeza ezingaphezu kuka-1.6 million abathengisi. I-mechanics yaziwa ngqo: idatha ye-oracle wabhala i-cost-cost yaziwa engaphansi, izinhlelo zokusebenza okuzenzakalelayo zihlanganisa i-liquidations, futhi ama-liquidations zihlanganisa ama-prices ngaphezulu, ukwakha i-feedback loop eyenza ngesivinini se-machine. I-$19.13 billion ye-leverted positions eyenziwe ngempumelelo Ukuze ama-assets nge-deep, i-liquid markets, lokhu kuyinto ingxaki yokulawula ingozi. Ukuze ama-assets ngaphandle kwe-secondary market esebenzayo, lokhu kuyinto isizukulwane sokwakhiwa kwezakhiwo. Ngoku-10 March 2026, I-DIA Value yasungulwa ukuhlangabezana ngcono kwesi flaw. Usuku Yini i-Oracle ngokwenene yenza, Nge-Where the Gap Is I-oracle, ngezikhathi ze-blockchain, yinkqubo enikeza idatha e-onchain. I-smart contracts ayikwazi ukufinyelela ulwazi ngaphandle kwenethiwekhi yayo, ngakho-ke lapho i-DeFi lending protocol kufuneka ufunde ixabiso se-akhawunti yokufinyelela noma ukuguqulwa kwe-certified, kusolwazi kusuka ku-oracle. Ukunemba kwesixazululo se-prize akuyona inkinobho. Kuyinto isisekelo lapho ama-billions yama-dollars e-decision eyenziwe ngempumelelo. I-Oracles eningi yenzelwe izindawo ezokuthengisa ngokushesha emakethe ezikhashana. I-methodology iyimpendulo enhle: ukuphefumula izindleko eziningana nezinhlangano eziningana, i-outliers ye-filter, futhi i-publish i-market price enhle. Ukuze i-Bitcoin, i-Ether, noma nayiphi na i-token enezinhlangano eziningana nezinsizakalo eziningana nezindawo eziphambili, lokhu kusebenza. I-market iyona ububanzi, ukucubungula kunzima, futhi idatha e-stable iyahlaziywa ngokushesha. I-problem iyona i-segment yokukhula ye-onchain capital akufanele okuhlobisa. I-Tokenized U.S. Treasuries akufinyelela ngempumelelo emakethe ezingenalutho. I-stablecoins ebonakalayo njengama-satUSD+ akhiqiza izindleko zayo kusuka ku-strike contract, akufinyelela ku-dex. I-token liquid staking njenge-stETH has a redemption rate eyenziwe ngqo ku-smart contract yayo. Ukusetshenziswa kwe-oracle pricing emakethe kumadivayisi akhiqiza izibalo ezingenalutho noma ezingenalutho, futhi kumadivayisi ebonakalayo, amabhokisi ebonakalayo zibonisa inkinga: amabhokisi amancane angakwazi ukushintsha izindleko , uqhagamshelane ngqo: Dillon Hanson, umphathi we-BizDev 
 
 I-Oracles yasungulwa ukuhlangabezana umbuzo eyodwa: indlela yokuthengisa i-asset yayo? Kodwa lapho ama-asset emikhulu yama-institutional ehamba ku-DeFi akunakuthengisa emakethe ezingenalutho, ufuna isakhiwo esivumelanisa umbuzo eyahlukile: Yintoni i-asset yayo kuyinto enhle kakhulu? Kuyinto ukuthi i-Value yenza. I-Oracles yasungulwa ukuhlangabezana umbuzo eyodwa: indlela yokuthengisa i-asset yayo? Kodwa lapho ama-asset emikhulu yama-institutional ehamba ku-DeFi akunakuthengisa emakethe ezingenalutho, ufuna isakhiwo esivumelanisa umbuzo eyahlukile: Yintoni i-asset yayo kuyinto enhle kakhulu? Kuyinto ukuthi i-Value yenza. Indlela I-DIA Value Yenza Imisebenzi I-DIA Value inikeza inkinga lokushintshwa lokuqala. Ngaphandle kokufunda ukuthi ibhizinisi iyatholakala ukulahleka, ibhizinisi lwezimali ingatholwe kanjani, yintoni ibhizinisi ibhizinisi ibhizinisi, futhi yintoni ibhizinisi esiyinhlanganisela njenge-value yayo. Lezi zindlela akuyona ezintsha emakheni. I-NAV i-calculations, i-mark-to-model frameworks, ne-reserve verification kuyinto isebenzo se-standard e-finance esebenzayo ngenxa esifanayo: lapho amabhizinisi asebenzayo, i-value intrinsic iyona isisekelo esiyingqayizivele yokushintshwa. I-Architecture ivumela lokhu phakathi kwezinhlobo eziningana ze-asset. Ukuze i-token eyenza i- yield like stETH, i-DIA Value ivumela i-rate ye-redemption ngqo kusuka ku-smart contract ye-protocol, okuyinto ivumela ngokucacileyo ukuthi i-ETH ye-stETH iyathengiswa ngalinye ngexesha elinye. Le nombolo akuyona inkinga le-book ye-thin order ngoba akuyona kokuthengiswa kokuthengiswa. Kuyathengiswa emzimbeni yayo ye-protocol. Ukuze stablecoins-bearing-bearing, idatha efanayo kusetshenziselwa. I-River team, lapho i-satUSD+ stablecoin iyona phakathi kwe-protokolls ehlanganisiwe, wabhala ukuthi inani lokusebenza kwayo lihlanganiswa ngathi i-staking contract ibhaliswe, futhi akuyona izindleko zebhizinisi zezinhlangano. Ukuze amakethe zokuthumela kanye nezinhlangano zebhizinisi zihlanganisa i-satUSD+ njenge-collateral, i-DIA Value inikeza inombolo yayo ngqo kusuka ku-onchain data, okuyinto inikeza ukuthi inani ye-protocol enokutholukile iyona inani elilodwa le-protocol esekelwe njenge-authoritative. I-Noah Boisserie, CEO ye-Cooper Labs, iveza inguqulo ye-cross-chain ye-problem kanye ne-solutions esidinga: 
 
 "Uma usebenzise i-stablecoin ku-kethe amayunithi ezine, ukuchithwa kwama-pricing akuyona inkinga yokufakelwa. I-DIA Value yenza lokhu kwethu ngokucacisa i-USDp's fair value ngqo kusuka ku-onchain redemption data, ukubuyekeza isakhiwo se-certified kanye ne-redemption curves kusuka ku-smart contracts zethu. I-one verified fundamental price, i-consistent everywhere. Kuyinto okuvumela ama-integrators ukwelashwa i-USDp njenge-certified collateral ngaphandle kokwakha i-custom pricing logic ngalinye." "Uma usebenzise i-stablecoin ku-kethe amayunithi ezine, ukuchithwa kwama-pricing akuyona inkinga yokufakelwa. I-DIA Value yenza lokhu kwethu ngokucacisa i-USDp's fair value ngqo kusuka ku-onchain redemption data, ukubuyekeza isakhiwo se-certified kanye ne-redemption curves kusuka ku-smart contracts zethu. I-one verified fundamental price, i-consistent everywhere. Kuyinto okuvumela ama-integrators ukwelashwa i-USDp njenge-certified collateral ngaphandle kokwakha i-custom pricing logic ngalinye." Umklamo we-10-Oktobha: Yini lokhu akuyona ingxaki ye-theoretical Waze Ukukhishwa kwe-macro shock, umbhalo we-President Trump we-100% ama-tariff ye-Chinese goods, kodwa i-stablecoin USDe iye iye yandiswa yi-infrastructure failures. I-stablecoin USDe yandiswa ku-$0.65 ku-Binance phakathi kwama-oracle misfires kanye ne-liquidity encane, i-discount ye-35% ngenkathi amanye izindawo zihlala ku-$1. Lezi izinga lokushintshwa ayiziphi na ingxaki nge-fundamentals. It ibonise indlela izindleko zendawo zithunyelwe ku-margin enginesha kanye nezinhlelo ze-oracle. Amapozithi ezifanelekayo ngaphansi kwe-cross-income pricing zithunyelwe ngoba i-oracle ye- I-$19 billion liquidation event ngo-10 Oktobha, 2025. Ukuhweba okungenani noma i-illiquid assets, Iphrofayela ye-geopolitical ayidingi ukuhlakazeka. Yonke isikhathi eside ye-low trading volume emakethe esincinane ivela izimo lapho i-price feed ingahlukile kwangaphakathi nemali, futhi izinhlelo zokusebenza okuzenzakalelayo ukuhlangabezana okuhlukile ngezindlela ezinzima abasebenzisi. I-protocols eyenza ukulungiselela i-tokenized treasuries, i-stablecoins enikezelo, noma i-Bitcoin-backed tokens njengesikhokelo ziye ziye ziye zihlanganisa ukuthi ingozi yokwakhiwa noma zihlanganisa izinsizakalo ngokuphelele. Umthombo we-Structural U-Jeff Garzik, Co-Founder ka-Hemi Network, wabhala ukubheja ngokuvumelana ne-hemiBTC, i-Token ye-DeFi esekelwe ku-Bitcoin: 
 
 "I-Bitcoin sitting idle iyimali ye-trillion-dollar opportunity cost. hemiBTC ivumela abathengi ukulethwa i-BTC ngokuvamile ku-DeFi, kodwa lokhu kusebenza kuphela uma isigaba sokushintshwa kungenziwa ukuhlola i-Bitcoin ephelele ekutholeni ngamunye i-token onchain. I-DIA Value ivumela ngokufanayo, akukho ukuxhumana kwimarike yesibini, akukho iziqinisekiso ezivamile. Kuyinto uhlobo le-infrastructure enza i-Bitcoin-native DeFi enhle: ngokugcwele enhle futhi enhle." "I-Bitcoin sitting idle iyimali ye-trillion-dollar opportunity cost. hemiBTC ivumela abathengi ukulethwa i-BTC ngokuvamile ku-DeFi, kodwa lokhu kusebenza kuphela uma isigaba sokushintshwa kungenziwa ukuhlola i-Bitcoin ephelele ekutholeni ngamunye i-token onchain. I-DIA Value ivumela ngokufanayo, akukho ukuxhumana kwimarike yesibini, akukho iziqinisekiso ezivamile. Kuyinto uhlobo le-infrastructure enza i-Bitcoin-native DeFi enhle: ngokugcwele enhle futhi enhle." Ukuphakama kwe-Institutional I-IFRS 13 futhi i-ASC 820 ngokuvamile zihlanganisa izindlela zokuhlola zangaphakathi lapho amazinga asebenzayo asikho. Izinhlelo zokusebenza phakathi kwezimali ezivamile nezimali ezivamile zihlanganisa izinzuzo ezivumelanayo, futhi ama-oracles ezisekelwe emakethe asebenzayo asikho. Izinhlelo zokusebenza phakathi kwezimali ezivamile nezimali ezivumelanayo zihlanganisa izinzuzo ezivumelanayo. U-Zygis Marazas, Umphathi we-Product we-DIA, wahlala ukuxhumana okuqondile: 
 
 I-finance ye-traditional yasungulwa i-pricing ye-asset ye-illiquid eminyakeni edlule nge-NAV calculations, i-mark-to-model frameworks, kanye ne-reserve verification. I-Blockchain ivumela ukulethwa kwama-methodology efanayo nge-transparency ephelele ne-availability angu-24. I-finance ye-traditional yasungulwa i-pricing ye-asset ye-illiquid eminyakeni edlule nge-NAV calculations, i-mark-to-model frameworks, kanye ne-reserve verification. I-Blockchain ivumela ukulethwa kwama-methodology efanayo nge-transparency ephelele ne-availability angu-24. I-DIA Value inikeza i-DIA existing Market Oracle, okuyinto inikeza pricing Izixhobo ezimbini zihlanganisa wonke umugqa, okuyinto kubaluleke njengoba umphathi we-institutional ibhizinisi ivela ku-onchain. . I-protocol eyenza ukuthi ibhizinisi ngokufanele ithatha isigaba se-infrastructure ye-Institutional DeFi. I-protocol eyenza ukuthi ayikwazi kuyatholakala ku-deFi. 3,000+ Izindleko ze-liquid I-Tokenized RWA market, ngaphandle kwe-stablecoins, iye yandisa ku-approximately $25 billion futhi iyatholakala ku-$10 trillion ku-2030. Imibuzo yokuqala Okthoba 10, 2025, kuboniswe ukuthi isakhiwo se-oracle ayikho ingxaki se-background e-DeFi. Kuyinto i-mechanism lapho idatha ye-abstract price iboniswe izixazululo zebhizinisi. Uma le mekanism isizukulwane noma isebenza emkhakheni engabonakali nesakhiwo se-asset, iziphumo zihlanganisa nge-leverage ebonakalayo. I-DIA Value iyisisombululo efanelekayo, esebenzayo kwelanga. I-methodology ayikho entsha; inikeza eminyakeni yokufinyelela kwezimali. Yini engcono kuyinto yokuthumela: i-verifiable, onchain, futhi itholakala 24/7 kumadivayisi abaziwa ngempumelelo. I-protocols eyenziwe ngoku, i-Euler, i-Morpho, i-Silo, ne-Hydration, i-signal enokutholile ukuthi isidingo se-real. I-$100 billion e-illiquid onchain capital esindandayo yokufinyelela ku-infrastructure eyenza ukuthi kungenziwa ngempumelelo i-market eyenza ukuba ivule. Qiniseka ukunakekela futhi usahlanganyela umlando!

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