- It can be found on the corpse of Frost Giants in the Forgotten Vale.
- Upon exiting the Glacial Crevice and before entering the Wayshrine of Radiance, the Dragonborn will immediately find another Falmer village. Disregard this Falmer village, and immediately go left where there is a track running uphill. Follow the track, and it will show a bone tripwire trap then a Falmer fence with a chest alongside it and two Falmer guarding it. Proceeding through the fence will show a glade with a few Falmer corpses littered on the ground and the Frost Giant that carries the Diamond Paragon. Kill the Frost Giant and loot the Diamond Paragon from its corpse.
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