DAssets Overview
DAssets is DI Network's comprehensive synthetic asset trading system, enabling users to trade synthetic versions of real-world assets including stocks, commodities, forex, and cryptocurrencies using DUSD as collateral.
Overview
The DAssets protocol combines spot trading and perpetual trading into a unified system, providing access to global markets 24/7 with oracle-based pricing and advanced risk management:
Core Components
📊 DSwap - Spot Trading
Advanced oracle-based spot trading with dynamic risk management:
Virtual Assets: No ERC20 tokens, position tracking only
Dynamic Fees: Stress-based burn fees (0.3-2%)
Settlement Locks: 1-minute MEV protection
Hard Invariants: Mathematical solvency guarantees
Clone Factory: Gas-efficient synthetic deployment
⚡ DPerp - Perpetual Trading
CEX-style order book perpetual trading with trader-to-trader matching:
Order Book Model: Central limit order book like Binance/Bybit
Trader-to-Trader: Direct counterparty matching (no LP pools)
Oracle Pricing: Mark price = oracle price for fair liquidations
Cross-Margin: Shared margin across all positions
Professional Orders: Limit, Market, Stop, Take-Profit, IOC, FOK
💧 DUSD Staking System
Protocol backstop and revenue sharing mechanism:
Staking Vault: Lock DUSD for protocol security
Revenue Sharing: Earn from trading fees and liquidations
Risk Backstop: Absorb bad debt after insurance fund
Governance Rights: Participate in protocol decisions
Tiered Rewards: Lock periods with multipliers
Supported Assets
Asset Categories
Cryptocurrencies
15+
xBTC, xETH, xBNB, xADA, xSOL
Chainlink + Pyth
US Stocks
20+
xAAPL, xTSLA, xGOOG, xAMZN, xMSFT
Chainlink
Commodities
8+
xGold, xSilver, xOil, xGas, xWheat
Chainlink
Forex
10+
xEUR, xGBP, xJPY, xCHF, xAUD
Chainlink
Popular Assets
Key Features
Advanced Risk Management
Multi-layer security architecture:
Hard Invariants: Mathematical impossibility of protocol insolvency
Dynamic Fees: Stress-based fee adjustment (0.3-2%)
Settlement Locks: MEV and arbitrage protection
Oracle Security: Dual oracle system with deviation limits
Virtual Asset System
Gas-efficient synthetic asset management:
No ERC20 Tokens: Virtual position tracking only
Clone Factory: 97.5% gas savings on new assets
Instant Deployment: Add new assets without token deployment
Upgradeable Logic: Update implementation without migration
Oracle-Anchored Trading
Trustworthy pricing across all markets:
Mark Price = Oracle Price: Never order book or AMM pricing
Zero Slippage: Trade at exact oracle prices
Real-Time Updates: Pyth Network for high-frequency data
Fallback Systems: Chainlink and manual price feeds
Trading Mechanics
Spot Trading Flow
Perpetual Trading Flow
Economic Model
Fee Structure
Spot Minting
0.3%
DUSD Stakers
Spot Burning
0.3-2% (Dynamic)
DUSD Stakers
Spot Swapping
0.3%
DUSD Stakers
Perpetual Trading
Maker/Taker
DUSD Stakers
Funding Rates
Variable
Counterparty Traders
Liquidations
0.5% + bonus
Liquidators + Insurance
Revenue Distribution
DUSD Staker Economics
Stakers earn from multiple sources while providing protocol security:
Trading Fees: 0.3-2% on all spot trades
Perpetual Fees: Maker/taker fees from order book
Liquidation Penalties: Share in liquidation bonuses
Protocol Revenue: Asset listing and market maker fees
Risk Premium: Compensation for backstop role
Risk Management
Protocol-Level Controls
Hard Invariants: Mathematical solvency guarantees
Dynamic Backing: Real-time collateral monitoring
Settlement Locks: MEV and arbitrage protection
Oracle Security: Multi-source price validation
Position-Level Controls
Cross-Margin: Shared margin across positions
Oracle Liquidation: Mark price based liquidations
Funding Caps: Maximum funding rate limits
Market Hours: Equity-aware risk controls
Staker Protection
Insurance Fund: First loss absorption
Tiered Risk: Senior/junior staking tranches
Loss Waterfall: Clear risk hierarchy
Governance Rights: Parameter control
Integration Examples
Spot Trading
Perpetual Trading
DUSD Staking
Monitoring & Analytics
Key Metrics
Total Trading Volume: Daily/weekly trading across all assets
Open Interest: Total perpetual positions by asset
Liquidity Utilization: Percentage of liquidity pool in use
Funding Rates: Current funding rates for each asset
Asset Performance: Price performance of synthetic assets
Real-Time Data
Live Prices: Real-time oracle prices for all assets
Position Health: Monitor liquidation risks
Pool Status: Liquidity pool utilization and rewards
Market Activity: Recent trades and position changes
Roadmap
Current Features ✅
In Development 🔄
Future Plans 🔜
https://github.com/DINetworks/DI-Docs/blob/main/dassets/registry.md
The DAssets protocol provides comprehensive access to global markets through synthetic assets, combining the benefits of traditional finance with the innovation and accessibility of decentralized finance.
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