What is DIA?
DIA is a decentralized, open-source oracle network that provides transparent and verifiable off-chain data to smart contracts across multiple blockchains. It sources and validates data such as asset prices and real-world metrics through a community-driven framework designed to ensure accuracy and reliability. The network's modular architecture supports on-chain processing and auditability of data feeds, promoting transparency across the decentralized ecosystem.
What is DIA?
The native token, DIA, is an ERC-20 asset on Ethereum that serves both governance and utility functions within the network. Holders can stake DIA to help secure the network, participate in governance proposals, and incentivize reliable data reporting within the ecosystem. The token has a maximum supply of 200 million DIA, with approximately 119.67 million tokens currently in circulation at the time of this publication.
Risk Statement
Before trading any crypto assets it is important to understand the risks. This overview is a starting point for you to perform your own research prior to investing in a crypto asset.
No securities regulatory authority or regulator in Canada has evaluated or endorsed the Crypto Contracts or any of the crypto assets made available through the platform.
Wealthsimple has performed an assessment of whether DIA can be supported by Wealthsimple's platform, including whether DIA is a security and/or a derivative and is being offered in compliance with securities and derivatives laws.
We evaluated DIA based on publicly available information, including (but not limited to):
- The creation, governance, usage and design of DIA, including the source code, security and roadmap for growth in the developer community and, if applicable, the background of the developer(s) that first created DIA;
- The supply, demand, maturity, utility and liquidity of DIA;
- Material technical risks associated with DIA, including any code defects, security breaches and other threats concerning DIA and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them;
- Legal and regulatory risks associated with DIA, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of DIA; and
- Statements made by regulators or securities regulatory authorities in Canada and other jurisdiction regarding whether DIA, or generally about whether the type of crypto asset, is a security and/or a derivative.
Wealthsimple monitors ongoing developments related to crypto assets available on its platform for significant changes that may affect Wealthsimple's original assessment of those assets, including Wealthsimple's assessment of the application of securities and derivatives laws. Any significant changes relating to DIA may result in changes to this Crypto Asset Statement and/or Wealthsimple's ability to support DIA.
Like all other crypto assets, there are some general risks to investing in DIA. These include short history risk, volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk, electronic trading risk and cyber security risk. Please review the Wealthsimple Crypto Product Risk Disclosure for additional discussion of general risks associated with the crypto assets made available through the platform.
We emphasize that this Crypto Asset Statement is not exhaustive of all risks associated with trading DIA. Investors should perform their own assessment to determine the appropriate level of risk for their personal circumstances.
Wealthsimple is offering Crypto Contracts in reliance on a prospectus exemption contained in the exemptive relief decision Re Wealthsimple Investments Inc. dated December 18, 2023 (the Decision).
The statutory rights of action for damages and rescission in section 130.1 of the Securities Act (Ontario), and, if applicable, similar statutory rights under securities legislation of other jurisdictions of Canada, do not apply in respect of this Crypto Asset Statement to the extent a Crypto Contract is distributed under the prospectus relief in the Decision.
Last updated: October 20, 2025
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