The Power of RedStone: Next-Gen Oracle Solutions for Blockchain
RedStone is a leading blockchain oracle provider delivering fast, gas-efficient, and tamper-proof cross-chain data feeds to power DeFi protocols on any blockchain. RedStone sets the industry standard for secure pricing and quality support, establishing itself as the market leader for emerging ecosystems and tokens. By offering accurate and reliable real world asset (RWA) price feeds, RedStone plays a critical role in ensuring fair and transparent valuations within decentralized finance.
Partnering with Plume Nexus for RWA Tokenization
Oracles are vital components in the RWA tokenization mechanism, as they provide essential data feeds for pricing RWA-backed tokens across platforms and dApps. Additionally, RedStone ensures accurate collateral valuation for collateralized debt positions (CDPs) and internal redemption mechanisms, enabling fair and stable trading for RWA protocols.
RedStone will be integrated with Plume Mainnet from day one, delivering crucial RWA price feeds such as:
- agEUR – Angle Protocol introduced tokenized real world assets to agEUR reserves, providing a robust and sustainable stablecoin architecture for the Euro.
- CESR – RedStone, in collaboration with CoinDesk Indices, launched the first onchain Composite Ether Staking Rate (CESR) oracle feed, serving as the benchmark for Ethereum staking rate derivatives.
- C3M – In collaboration with Angle Protocol and Backed Finance, RedStone supports the pricing of short-term, risk-free Euro bond ETFs within agEUR reserves, facilitating liquidations and accurate valuations.
Driving Innovation in the Plume Ecosystem
RedStone is actively working on its full integration with Plume and is ready to support all builders on the network. By providing chain-agnostic, customizable price feeds, RedStone will enable projects to leverage high-precision data for a wide range of DeFi applications, including lending markets, liquid staking, and derivative products.
The RedStone Advantage for Builders
For developers building decentralized applications (dApps), integrating an in-house oracle solution can be costly, inefficient, and limited in scope. RedStone eliminates these challenges by offering:
- Feeds Not Available Elsewhere – Specializing in yield-bearing collateral for lending markets, including LSTs and LRTs, RedStone employs novel price discovery models for more accurate pricing.
- Deployable Everywhere – RedStone’s oracle feeds are chain-agnostic, supporting EVM and non-EVM ecosystems, rollups, and appchains, making it an ideal partner for Rollup-as-a-Service providers and EigenLayer AVSs.
- Supporting All DeFi dApps – With a modular data consumption model, RedStone allows developers to choose between high-frequency Push updates or a traditional Pull model for greater flexibility.
RedStone is redefining how developers access and utilize real-world data onchain. By offering cutting-edge oracle solutions that enhance scalability, security, and accuracy, RedStone empowers builders to create innovative DeFi applications with confidence.
Learn More
Explore how RedStone can enhance your DeFi project by integrating precise, reliable data feeds. Visit RedStone to learn more.
About RedStone
RedStone is a modular oracle delivering reliable price feeds for emerging DeFi assets, including LSTs, LRTs, and Bitcoin Liquid Staking tokens. Our gas-efficient data feeds span 50+ chains and rollups, securing over $6 billion in TVL. Trusted by over 100 projects, including Morpho, Venus, and Pendle, RedStone’s Push & Pull oracle models serve both established protocols and innovative DeFi projects pushing the boundaries of financial innovation.