RedStone – The Novel Oracle Brings 40M RED Tokens to Binance

RedStone - The Novel Oracle Brings 40M RED Tokens to Binance

RedStone is bringing modular oracle solutions to a wider audience through Binance Launchpool, offering users a chance to farm RED tokens by staking BNB, FDUSD, and USDC.

Unlike traditional oracles, the next-gen Oracle network optimizes gas costs by keeping data off-chain and only delivering it when required. Its support for both EVM and non-EVM blockchains makes it a versatile solution for developers.

Through Binance Launchpool, users can participate in the RED token distribution, gaining early access to a project that is already integrated with 130+ protocols across 70+ chains.

Key Takeaways

– Supporting EVM and non-EVM blockchains, RedStone integrates with 130+ projects across 70+ chains.
– RedStone minimizes gas fees by keeping data off-chain until needed.
– Binance Launchpool enables users to farm RED tokens by staking BNB, FDUSD, and USDC.

What is RedStone Oracle?

RedStone Oracle is a next-generation, modular blockchain oracle that provides customizable, cost-efficient, and high-frequency data feeds for decentralized applications (dApps).

Unlike traditional Oracle networks such as Chainlink and Pyth, RedStone is built from the ground up to address inefficiencies in existing Oracle solutions, offering a scalable, flexible, and secure way to deliver off-chain data to smart contracts.

official RedStone homepage
A screenshot of the official homepage. Image via Website

Trusted by 100+ dApps across 70+ blockchain networks and securing billions of dollars in value, RedStone supports a wide range of blockchain ecosystems, including both EVM and non-EVM networks.

By leveraging on-demand (Pull) and continuous (Push) models, the Modular Oracle ensures cost-effective data availability, making it an ideal solution for DeFi protocols, gaming applications, and cross-chain projects.

Key Features and Ecosystem

RedStone’s core technology includes a modular architecture where data is stored off-chain and only brought on-chain when needed. Data sources range from centralized exchanges like Binance and Coinbase to decentralized ones like Uniswap, plus traditional finance, real-world assets, NFTs, and AI data.

Key Features

1. Modular Architecture for Scalable Multi-Chain Data Delivery

RedStone’s data sourcing, distribution, and consumption modules
A comprehensive breakdown of RedStone’s data sourcing, distribution, and consumption modules. Image via Introducing RED Tokenomics Blog

Unlike traditional oracles that require separate infrastructure per blockchain, RedStone’s modular approach separates data collection from data delivery, allowing a single price feed to be used across multiple networks without additional setup.

  • Supports over 70 blockchain networks, including Ethereum, L2s, and non-EVM chains.
  • No need for redundant nodes per chain, making integration faster and more cost-effective.
  • Optimized for DeFi, perpetuals, and liquid staking markets.

2. Cost-Efficient & Flexible Data Delivery Models

RedStone Push Oracle Model
A Screenshot of the Push Oracle Model. Image via app.redstone

RedStone offers three different data delivery models, making it gas-efficient and adaptable to various dApp needs:

  • Pull Model (On-Demand Data Injection) – Injects real-time data into transactions, saving gas by only fetching data when required.
  • Push Model (Continuous Data Updates) – Periodically updates on-chain price feeds, ideal for protocols needing constant availability.
  • Hybrid Model (ERC7412 Standard) – A combination of both Push and Pull models, first introduced by Synthetix and optimized by RedStone.

Why It Matters?

  • Reduces gas costs significantly compared to traditional oracles like Chainlink.
  • Enables dApps to choose the best model based on their requirements.

3. High Security & Data Integrity

RedStone Security & Audits
RedStone is secured and audited by top-tier auditors like Halborn, PeckShield, and Codespect. Image via Website

RedStone ensures data accuracy, reliability, and security through multiple validation layers:

  • Cryptographic Signing & Attestation – Every data point is signed by independent providers, ensuring authenticity and tamper-proof data.
  • On-Chain Aggregation & Medianization – Price feeds are aggregated using median-based or liquidity-weighted models, filtering out anomalies.
  • Anomaly Detection & Timestamp Validation – Automated price monitoring prevents inaccurate or manipulated data from being recorded.
  • Economic Security Model – Providers must stake collateral, which can be slashed for incorrect data submissions.

Results?

4. Diverse & Customizable Data Feeds

Real-Time Bitcoin Price Feed by RedStone
Real-Time Bitcoin Price Feed by RedStone – Aggregating data from 14+ sources. Image via app.redstone

RedStone supports a wide range of data types, making it more versatile than traditional oracles:

  • Market Feed – Traditional price feeds from centralized (Binance, Coinbase) and decentralized (Uniswap, Balancer) exchanges.
  • Contract Rate Feed – On-chain exchange rates from protocols like Lido (wstETH/stETH) and EtherFi (weETH/eETH).
  • Real World Feed – Off-chain financial data like SOFR interest rates and stock indices.
  • Proof of Reserve Feed – Real-time monitoring of collateralized assets, such as BlackRock’s BUIDL token reserves.
  • Protocol Native Oracle – Custom price feeds designed for specific blockchain ecosystems (e.g., LBTC/BTC for Lombard Protocol).

5. Broad Blockchain Support & Cross-Chain Compatibility

RedStone Lives on 70+ Blockchains
RedStone integrates with EVM & non-EVM chains, expanding cross-chain data access across multiple ecosystems. Image via Website

RedStone operates across a wide variety of blockchain ecosystems, including:

  • Ethereum & Layer 2s – Arbitrum, Optimism, Base, Starknet, Fuel, Sei.
  • Non-EVM Chains – Sui, Solana, Bitcoin layers.
  • Rollup-as-a-Service (RaaS) Networks – EigenLayer.

The Ecosystem

RedStone is deeply integrated with some of the biggest DeFi, staking, and trading protocols, enabling secure and cost-effective data feeds across the Web3 space.

RedStone Core

  • Designed for DeFi applications that require on-demand pricing.
  • TVL secured: Over $100M+.

RedStone Classic

  • Push-based model for protocols that need constant price updates.
  • Used by lending markets, stablecoins, and automated vaults.

RedStone X

  • Optimized for perpetual contracts, options, and derivatives.
  • Eliminates front-running risks and enhances trading security.

Why Choose RedStone Over Other Oracles?

FeatureRedStoneChainlinkPyth
Oracle ModelPush & PullPushPull
Mispricing EventsNo$11.2M lost in Terra, 25% wstETH mispricing87% BTC mispricing, Drift & Mango failures
Blockchains SupportedModular (Pull, Push, Hybrid)

– Push Model = 38
– Pull Model = 70
Push Model = 18Pull Model = 70+
Non-EVM Chains SupportTON, Starknet, Fuel, Radix, Movement, SuiNone (Work in Progress)Solana, Aptos, Sui, Fuel, Injective
Price Feed SourcesCEX, DEX, Custom SourcesAggregatorsPublishers (Market Makers)
Oracle Extractable Value (OEV)RedStone OEV (Cross-Chain)Smart Value Recapture (Ethereum-only)Express Relay (Cross-Chain)
PoR ProductYesYesNo
Bitcoin Liquid Staking PoR Oracle SupportYesNoNo
Native Support for RaaS and L2 StacksYesNoYes
Restaking Oracle Module (AVS)EigenLayer & Symbiotic TestnetsNoNo
Tokenized Vault SupportVeda, Nucleus, DineroNoNo
Institutional ClientsCoinFund, CoinDesk Indices, CESR, SoneiumSWIFT, ANZ Bank, SoneiumSoneium
VRF SupportVerifiable Randomness (Testnet)Chainlink VRFPyth VRF

Token Details

RED Tokenomics
RED Tokenomics. Image via Blog – Introducing RED Tokenomics

The RED token is the native utility and governance token of the RedStone network. With a total supply of 1 billion tokens, RED is designed to support the long-term sustainability and expansion of oracle services.

MetricDetails
TickerRED
Token Contract0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de [Ethereum Mainnet]
Max Supply1,000,000,000 RED
Float at TGE28% (280,000,000 RED)
Percentage to Community Growth48.3%
Token StandardERC-20 (Ethereum)
Lock-Up Period72% of RED initially locked, unlocking over 4 years

Token Allocation Breakdown

$RED Token Distribution
A breakdown of the $RED token allocation. Image via Blog – Introducing RED Tokenomics
CategoryAllocation
Community & Genesis10.00%
Protocol Development (Partially Locked)10.00%
Core Contributors (Locked)20.00%
Binance Launchpool4.00%
Ecosystem & Data Providers (Partially Locked)24.30%
Early Backers (Locked)31.70%
Total100%

Key Unlocking Facts:

  • RED Max Supply is hardcoded at 1,000,000,000 in a non-upgradeable contract.
  • Initial Circulating Supply (Binance Pre-Market): 40,000,000 RED
  • Circulating Supply at TGE: 280,000,000 RED
  • The total supply will gradually unlock over four years post-TGE.
$RED Token Unlock Schedule
$RED Token Unlock Schedule. Image via Blog – Introducing RED Tokenomics

RED Token Utility – Staking for Security

RED powers RedStone’s sustainable oracle ecosystem, ensuring long-term security for DeFi.

  • Staking via EigenLayer AVS enhances RedStone’s Oracle security, leveraging billions in staked assets.
  • Data Providers & Token Holders can stake RED to strengthen the network.
  • Rewards are earned from data users across multiple blockchains, paid in ETH, BTC, SOL, and USDC.
RedStone Staking Flywheel
A detailed visualization of the RedStone blockchain oracle network. Image via Blog – Introducing RED Tokenomics

Recent Launchpool Event

RedStone (RED) was officially launched on Binance Launchpool as its 64th project, marking a significant milestone in RedStone’s journey toward wider adoption and decentralization. The Launchpool event allowed users to earn RED tokens by staking their assets in designated pools.

Binance Launchpool Details

  • Start Date: February 26, 2025, at 00:00 UTC
  • End Date: February 27, 2025, at 23:59 UTC
  • Total Token Rewards: 40,000,000 RED (4% of total supply)
  • Initial Circulating Supply: 280,000,000 RED (28% of total supply)
  • Network: Ethereum (ERC-20)
  • Contract Address: 0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de

Staking Pools & Rewards Allocation

PoolRewards AllocatedPercentage
BNB Pool32,000,000 RED80%
FDUSD Pool4,000,000 RED10%
USDC Pool4,000,000 RED10%

Hourly Hard Cap per User

PoolMax Tokens per Hour
BNB Pool66,666 RED
FDUSD Pool8,333 RED
USDC Pool8,333 RED

Binance Pre-Market & Trading Details

Following the Launchpool event, Binance listed RedStone (RED) in its pre-market trading segment on February 28, 2025.

  • Opening Price: 0.4 USDT
  • Price Performance: Hit the daily limit on the first day, with no selling orders available

To manage volatility, Binance introduced a Price Cap Mechanism for RED:

  • Day 1: 200% cap on opening price
  • Day 2: 300% cap
  • Day 3: 400% cap
  • After 72 hours: No price restrictions

Funding and Partnerships

Leading Investors Backing RedStone
Leading Investors Backing RedStone – Supported by top blockchain investors like Coinbase Ventures, Arrington Capital, and Spartan. Image via Website

RedStone has raised around $23 million across three rounds, including a $7 million seed round in August 2022 and a $15 million Series A in July 2024, backed by investors like Coinbase Ventures and Arrington Capital. The firm partnered with major players like Lido, EigenLayer, and Sei Network, enhancing its credibility.

Funding Rounds & Investors

RoundAmount RaisedDateLead Investors & Participants
Seed Round$7 millionAugust 2022Coinbase Ventures, Arrington Capital
Series A$15 millionJuly 2024Kraken Ventures, White Star Capital, Spartan Group, Amber Group, SevenX Ventures, IOSG Ventures

Angel Investors

  • Smokey the Bera & Homme Bera (Berachain)
  • Mike Silagadze (Co-Founder, Ether.Fi)
  • Jozef Vogel & Rok Kopp (Ether.Fi)
  • Amir Forouzani, Jason Vranek & Christina Chen (Puffer Finance)
CategoryPartners
Blockchain & Infrastructure PartnersEigenLayer, Sei Network, Fuel Network, Sui, Berachain, Story, Unichain, TON, Monad, MegaETH
DeFi & Liquid Staking IntegrationsLido, Swell Network, Pendle, DeltaPrime, Morpho, Lombard Protocol (LBTC), Uniswap, Curve Finance
Data Aggregation & Institutional FeedsBinance, Coinbase, Kraken, OKX, Bybit, Kaiko, CoinMarketCap, Trading Platforms, Real World Assets (RWA), ETFs

RedStone Team

RedStone has been building a world-class team of blockchain engineers, developers, and business leaders to revolutionize the Oracle sector. The team members bring extensive experience from leading tech companies and are committed to scalability, security, and innovation in decentralized data solutions.

core RedStone team members
A Screenshot of the core RedStone team members. Image via Website
  • Marcin KazmierczakCo-Founder
  • Alex SuvorovCo-Founder
  • Jakub WojciechowskiFounder
  • Matt GurbielHead of Business Development

At RedStone, we are building a rock-solid team to become one of the global leaders in the blockchain oracle sector. We emphasize high ownership, continuous learning, and exceptional quality—because we build tools by builders, for builders.

The RedStone team said in an introduction video published on Youtube.

The team members have worked at top technology companies, including OpenZeppelin, Meta, Google Cloud, Toptal, and ICB Ventures, bringing deep expertise in DeFi security, decentralized systems, and large-scale cloud infrastructure.

Conclusion

RedStone Oracle’s launch on Binance Launchpool is a meaningful step for DeFi, which offers cost-effective and flexible Oracle solutions. With its robust ecosystem and strong backing, it seems likely to become a key player in the Oracle space. For more details, check RedStone’s website or BINANCE’s announcement.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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