RedStone

RedStone is a modular, cross-chain oracle that delivers cryptographically signed market data to smart contracts, best known for an on-demand "pull" model that keeps signed data off-chain until a transaction needs it. The RED token, launched in early 2025, powers governance and staking that secures the network. RedStone specializes in long-tail assets, real-world assets, and liquid staking and restaking tokens across more than 100 blockchains.

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What Is RedStone?

RedStone is a modular, cross-chain oracle protocol that delivers real-time financial market data to smart contracts. Oracles are the infrastructure that lets on-chain applications read prices and other off-chain information they cannot access on their own, and RedStone positions itself as a flexible alternative to established oracle networks. It secures roughly $5 billion in value across more than 170 client protocols, using over 1,300 asset feeds spread across more than 100 blockchains.

Overview - Table of Contents
What Is RedStone?
Getting Started With RedStone
How To Get A RedStone Wallet?
RedStone Resources
How To Buy RedStone?
Latest RedStone News

RedStone was started around 2020 and was co-founded by Jakub "Kuba" Wojciechowski, who serves as chief executive, and Marcin Kazmierczak, who serves as chief operating officer. Alex Suvorov is cited as a co-founding technical lead. The team built RedStone to address a specific cost problem with traditional oracles: continuously writing price data on-chain for every possible feed is expensive and limits how many assets a network can practically support.

The defining feature of RedStone is its pull, or on-demand, delivery model, sometimes referred to as RedStone Core. Instead of constantly posting prices on-chain, signed data is kept in an off-chain data layer and is injected on-chain by the user only at the moment a transaction needs it. Because the data is cryptographically signed by the providers before it reaches the chain, the smart contract can verify its authenticity on-chain even though it was delivered just in time. This approach reduces gas costs and makes it economical to support far more feeds, including frequently updated and unusual assets that a pure push oracle would struggle to maintain. RedStone also offers a traditional push model, sometimes called Classic, where data is proactively written to the chain on a schedule or when a price moves past a set threshold, plus a cross-chain delivery mechanism. Applications can choose the model that fits their needs.

RedStone sources first-party-style data that is cryptographically signed by multiple independent providers, rather than scraping public APIs. This design has made it strong in areas that are harder to serve well, including long-tail assets, real-world assets (RWAs), and liquid staking tokens (LSTs) and liquid restaking tokens (LRTs). The protocol is working to further decentralize its security through a RedStone actively validated service (AVS), where participants stake RED to help guarantee the integrity of the data.

The RED token launched in early 2025. It was distributed through Binance Launchpool, where it was the 64th project, in late February 2025, with a token generation event around March 6, 2025. RED is an ERC-20 token on Ethereum, with the contract address 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de, and it is available on additional chains including BNB Smart Chain, Base, and Solana through Wormhole's Native Token Transfer (NTT) framework. The token has a maximum supply of 1 billion, with roughly 449 million in circulation, giving it a market capitalization of around $42 to $49 million. RED is used for governance and for staking that helps secure the oracle network.

A frequently cited event around RedStone is a roughly $10 million exploit involving YieldBlox and the Blend protocol on Stellar. It is important to be precise about this: the incident involved a third-party protocol's oracle configuration being manipulated, not a breach of RedStone's own infrastructure. RedStone subsequently deployed feeds on Stellar. There is no confirmed hack of RedStone's own price feeds. As with any oracle, the safety of a protocol that consumes the data still depends on how that protocol configures and uses the feeds.

Getting Started With RedStone

Getting started with RedStone typically means acquiring RED tokens for governance and staking, or integrating RedStone feeds as a developer:

Step 1: Set up an Ethereum-compatible wallet such as MetaMask, since RED is an ERC-20 token on Ethereum. If you plan to hold RED on another supported chain like BNB Smart Chain, Base, or Solana, use a wallet that supports that chain.
Step 2: Purchase RED on a centralized exchange such as Binance, or acquire it on a decentralized exchange by connecting your wallet.
Step 3: Transfer your RED to a self-custody wallet so that you control the private keys.
Step 4: Explore staking RED to help secure the network and participate in governance, and follow the official documentation for the current staking process.

For developers, RedStone publishes integration guides and SDKs in its documentation and developer hub, covering both the pull and push models across supported chains.

How to Get a RedStone Wallet?

RED is primarily an ERC-20 token on Ethereum, with versions on several other chains via Wormhole NTT. Choose a wallet that matches the chain you intend to use:

MetaMask

MetaMask is the most widely used Ethereum wallet, available as a browser extension and mobile app. It supports RED as an ERC-20 token and works across EVM-compatible chains such as BNB Smart Chain and Base, which also host bridged RED.

Ledger Hardware Wallet

For long-term storage and stronger security, a Ledger hardware wallet keeps your private keys offline. It supports Ethereum and ERC-20 tokens including RED, and can be paired with MetaMask for signing while the keys stay on the device.

Phantom

If you hold RED on Solana, Phantom is a popular multi-chain wallet that supports Solana natively and also handles Ethereum-based assets. It is available as a browser extension and mobile app.

RedStone Resources

How to Buy RedStone?

RED is available on both centralized and decentralized exchanges. Always confirm you are trading the correct token by checking the contract address before you buy.

Centralized Exchanges

RED first became widely available through Binance, which hosted its Launchpool distribution, and is listed on other major centralized exchanges. Most offer a RED/USDT trading pair. On these platforms you can buy RED with other cryptocurrencies, and in some cases with fiat currency where supported.

Decentralized Exchanges

Because RED is an ERC-20 token, it can be traded on Ethereum decentralized exchanges such as Uniswap by connecting your wallet and swapping ETH or a stablecoin for RED. RED also trades on decentralized exchanges on the other chains where it is issued via Wormhole NTT, including BNB Smart Chain, Base, and Solana. When using a DEX, paste the official contract address to avoid imposter tokens.

Latest RedStone News

RedStone has focused heavily on real-world assets through 2025 and into 2026. In July 2025 it announced a partnership with tokenization firm Securitize to build a Trusted Single Source Oracle (TSSO) for verifying the net asset value (NAV) of tokenized funds on-chain, helping bring products tied to issuers such as BlackRock, Apollo, and VanEck into DeFi as usable collateral. This built on a broader collaboration in which RedStone became a primary oracle for Securitize's tokenized assets.

Earlier, in 2024, RedStone raised a $15 million Series A round led by Arrington Capital, funding its expansion across chains and its push into RWAs and restaking. The RED token launch in early 2025 through Binance Launchpool marked its transition to a token-secured network, with staking and the RedStone AVS intended to further decentralize the integrity of its data feeds over time.