RedStone PriceRED

What is RedStone (RED)?

RedStone (RED) is a next-generation, modular blockchain oracle infrastructure built to deliver secure, high-speed data feeds for decentralized applications across a wide range of blockchain networks. Positioned as "the data bedrock of the new financial system," RedStone focuses on providing reliable data infrastructure for onchain finance, trusted by top DeFi protocols and institutions. According to RedStone's official site, it supports 110+ chains and 1,300+ assets and serves 200+ clients; third-party listings cite somewhat different coverage. According to RedStone's official site, total value secured is $9.12b. RED is the network's native token, implemented as an ERC-20 asset on Ethereum Mainnet with a maximum supply of 1 billion tokens. RedStone's oracle technology has operated on mainnet since January 2023; the RED token launched in 2025. The project specializes in yield-bearing collateral for lending markets.

Key Specifications & Tokenomics

• Name: RedStone
• Ticker / Symbol: RED
• Blockchain / Platform: Ethereum Mainnet (ERC-20)
• Category: Modular Blockchain Oracle, DeFi Infrastructure
• Maximum Supply: 1,000,000,000 RED
• Total Supply: 1,000,000,000 RED
• Initial Float: 30%
• Circulating Supply: 538,195,343 RED
• Circulating Supply as % of Max Supply: 53.82%
• Fully Diluted Valuation: $146.51M
• Chain Support: 110+ chains
• Assets Supported: 1,300+ assets
• Clients: 200+
• Total Value Secured: $9.12B
• Contract Address: 0xc43c...0bb5de (partial, as listed on CoinMarketCap; verify the full address on Etherscan before interacting)
• Security Audits: RedStone reports 15 independent audits, including by Halborn, Peckshield, and ABDK
• CertiK Rating: 4.3 out of 5
• Official Website: https://redstone.finance/
• Explorer: etherscan.io

Who created RedStone?

RedStone is developed by a global team of engineers, researchers, and DeFi pioneers advancing oracle infrastructure. The founder is publicly known as Marcin, who is active in the project's public communications. Alex Suvorov and Jakub Wojciechowski have represented RedStone as workshop presenters; Mike Massari hosts The RedStone Podcast. RedStone publishes a team page at redstone.finance/team. RedStone is backed by Arrington Capital with $15M in funding (per Kraken) and is backed by prominent figures in the blockchain industry, including Stani Kulechov, Sandeep Nailwal, Emin Gun Sirer, Richard Ma, and Alex Gluchovski.

How does RedStone work?

RedStone operates as a modular blockchain oracle network designed from a computer science perspective, emphasizing flexibility and performance. It delivers data through three distinct models: Pull, Push, and X-Layer, all secured with cryptographic verification. The Pull model allows dApps to fetch data on demand, while Push and X-Layer models provide different trade-offs for latency and cost. RedStone supports over 110 chains and 1,300 assets, making it a versatile data layer for DeFi protocols. Developers can integrate RedStone using its Solidity connector, which enables smart contracts to retrieve oracle numeric values directly from transaction messages. The network's modular architecture allows it to adapt to various blockchain environments without sacrificing security or speed.

What makes RedStone unique and valuable?

RedStone distinguishes itself through its modular design, extensive multi-chain support, and specialization in yield-bearing collateral for lending markets. With 110+ chains and 1,300+ assets supported, it offers one of the broadest coverages in the oracle space. According to RedStone's official site, total value secured is $9.12b, and the project serves over 200 clients, including blue-chip DeFi protocols such as Spark, Morpho, Compound, Pendle, Venus, Lido, EtherFi, Ethena, Puffer, Balancer, Lombard, Enzyme, Frax, Agora, and M^0. RedStone's data infrastructure is used by institutions and networks including BNY, Securitize, Stellar, Hyperliquid, Arc, and Canton Network. RedStone reports 15 independent audits, including by Halborn, Peckshield, and ABDK. RedStone publishes an official whitepaper for the RED crypto-asset. RedStone states it is ISO/IEC 27001:2022 certified (per its official X account).

What is RedStone used for?

The RED token serves as the native asset of the RedStone network, underpinning its modular oracle infrastructure. It is used within the ecosystem to support data delivery models, secure network operations, and facilitate participation in the protocol's growth. RED is also the token through which community members and stakeholders engage with the project's governance and economic design. As an ERC-20 token on Ethereum, RED can be transferred, stored, and integrated into DeFi applications that require reliable oracle data. The token's utility is tied to the broader adoption of RedStone's data feeds across lending markets, tokenized funds, and other onchain financial products.

How Is the RedStone ecosystem developing?

The RedStone ecosystem is expanding rapidly across multiple blockchain networks and institutional use cases. RedStone supplies price and NAV feeds for Arc, an L1 built for payments and tokenized finance. It is the data layer for Temple's commodity markets on Canton Network, delivering 24/7 pricing for gold and silver. RedStone also launched Stellar price oracles and a Hyperstone oracle for permissionless markets on Hyperliquid. RedStone was selected by Securitize as a trusted single-source oracle to help secure NAVs for tokenized funds, including BlackRock's BUIDL. The project was the 64th project on a major exchange's Launchpool and continues to release new integrations and podcast episodes weekly.

How to mine RedStone?

RedStone does not use traditional proof-of-work mining. Instead, the network relies on its modular oracle infrastructure, where data providers and node operators contribute to data delivery and security. Participation in the RedStone ecosystem may involve staking or running infrastructure that supports the Pull, Push, and X-Layer delivery models. Specific staking mechanisms and node requirements are detailed in the project's documentation. Users interested in supporting the network should consult the official RedStone documentation for the most current information on token distribution, network participation, and any available staking opportunities.

How to keep your RedStone Coin safe?

Keeping your RED tokens safe requires following standard cryptocurrency security practices. Since RED is an ERC-20 token on Ethereum Mainnet, it can be stored in any wallet that supports Ethereum-based assets, including hardware wallets for maximum security. Always verify contract addresses before interacting with any token, and use official sources such as the RedStone website and Etherscan for accurate information. Enable two-factor authentication on any exchange accounts, avoid sharing private keys or seed phrases, and be cautious of phishing attempts that impersonate RedStone or its team. For long-term storage, consider using a hardware wallet and keeping your recovery phrase offline in a secure location. RedStone's official site states that it uses cookies and processes data in accordance with GDPR requirements.

Risks and considerations

RED is a market-traded token, and its price fluctuates with market conditions; nothing here should be read as a guarantee of value or performance. The project operates in a regulatory environment that varies by jurisdiction, and changes in policy could affect how the token or the network can be used. As with any oracle system, technical risks remain, including smart contract vulnerabilities, data feed disruptions, and the challenges of integrating across many blockchain networks. Readers should treat the points above as information rather than as investment advice.