RedStone is a modular blockchain oracle that provides decentralized applications (dApps) with real-time, reliable, and cost-efficient off-chain data. Oracles play a crucial role in decentralized finance (DeFi) by enabling smart contracts to access external information, such as cryptocurrency prices, financial market data, and real-world metrics. RedStone separates data acquisition from on-chain verification, allowing faster, more flexible, and lower-cost data delivery than traditional oracle networks. With support for over 70 blockchains and 1,250+ assets, RedStone is widely integrated across the DeFi ecosystem.
RedStone offers three primary data delivery models that allow blockchain projects to choose how they access off-chain data. The Push Model stores price feeds on-chain at regular intervals, ensuring continuous availability for DeFi platforms such as lending and trading protocols. The Pull Model provides real-time data at the moment of transaction execution, reducing gas costs and improving efficiency. The ERC-7412 Model uses off-chain aggregation and on-chain validation, providing a balance between security and scalability. RedStone sources its data from over 150 providers, including centralized and decentralized exchanges, and verifies it using cryptographic signatures before delivering it on-chain.
RedStone was founded by Jakub Wojciechowski, with Marcin Kazmierczak and Alex Suvorov as co-founders.
RED, the native token of the RedStone ecosystem, is available on various exchanges. It has a total supply of 1 billion tokens.
Consider investing in RedStone (RED)? Follow these steps:
Verify your identity.
Deposit funds.
Check out the available RedStone trading pairs on Bitget.
Spot Trading
RedStone offers a flexible oracle solution with multi-chain support, which could help it gain adoption in DeFi. However, its growth depends on factors like market demand, competition, and blockchain adoption, so investors should research carefully before making any decisions.