RedStone Price

RedStone (RED) is a cryptocurrency launched in 2025. It operates as a specialized oracle token that funnels real-time yield-bearing collateral data into lending markets across the Ethereum ecosystem, with a focus on liquid staking tokens, restaked assets, and Bitcoin derivatives.

The protocol surgically addresses a critical market friction: legacy oracle architectures routinely misprice or ignore the complex, yield-compounding collateral that now dominates DeFi lending. By standardizing feeds for assets like LSTs, LRTs, and wrapped BTC, RedStone lets protocols such as Morpho, Compound, Pendle, and Spark safely list high-utility, risk-adjusted collateral. Over $10 billion in value now relies on its data.

RedStone operates on the Ethereum network, with a supplementary contract presence on Base. Its data delivery pipelines are built around modular smart contracts that permit multiple blockchains to consume the same signed price payloads, streamlining cross-chain integration without duplicating validator overhead.

The RED token is an ERC-20 asset natively issued on Ethereum, with a mirrored deployment on Base. Beyond raw price delivery, the protocol powers an automated vote delegation system for Rings, allowing users to harvest vote incentives without manually swapping multiple tokens each week. This auxiliary engine abstracts weekly governance into a passive yield source, illustrating the oracle’s expansion into automated DeFi primitives.

RedStone went live on February 28, 2025, precisely when yield-bearing collateral became the dominant asset class in decentralized lending. Within the same year, the protocol secured a Binance Launchpool listing, expanded to Solana and Base ecosystems, and onboarded over 80 blue-chip DeFi clients. It now reports data for a secured value that tops $10 billion, underscored by integrations with EtherFi, Ethena, Lido, and Lombard.

The protocol’s long-term ambition is to become the universal standard for pricing any yield-bearing instrument across blockchains. Eliminating the information asymmetry that constricts lending markets would allow restaking tokens and liquid BTC derivatives to function as pristine collateral, as safe as native assets, thereby knitting together fragmented liquidity pools.

RED functions as the payment unit for oracle queries; lending markets that consume a price feed compensate data providers in RED. Node operators post RED bonds as collateral against misreporting, creating a cryptoeconomic security layer that penalizes inaccurate data. Token holders govern protocol upgrades and asset whitelisting via on-chain voting, with fee parameters adjusted through community proposals.

Protocol-level validators stake RED to secure data feeds and earn a share of the fees generated by client integrations. Automated incentive harvesters, such as the Rings auto-voter, charge a small RED fee per voting cycle, redistributing the proceeds to users who delegate their positions. Third-party developers purchase RED credits to access high-frequency custom oracle streams for novel derivative products.

RedStone has a maximum supply of 1,000,000,000 tokens. Currently, 364,878,036 are in circulation. With a market capitalization of $47,674,918, RedStone ranks #489 among all cryptocurrencies.