Redstone

• RedStone is an oracle network delivering price data to DeFi protocols across many chains.

• It uses a modular delivery model where data is signed off-chain and only pulled on-chain when needed, cutting cost.

• RED is used for staking by data providers and for governance.

• Supply allocated across community, ecosystem and investors.

• Data providers stake RED as collateral against reporting bad data.

Pros:

• The pull-based model is substantially cheaper than continuously pushing prices on-chain.

• Wide adoption among liquid staking and restaking protocols.

• Supports both EVM and non-EVM chains, which most oracles do not.

Cons:

• Oracle markets are dominated by an incumbent with far deeper integration.

• Pull-based delivery means the application must handle data freshness correctly, which shifts responsibility.

• Oracle failure is a catastrophic rather than gradual failure mode.

• Exposure to oracle infrastructure with a genuine cost advantage.

• Real adoption in the restaking segment specifically.

• Weigh the incumbent's entrenched position.

• Data signed off-chain and delivered only when a transaction needs it, avoiding the cost of continuously posting prices no one reads.

• Push-based oracles post prices on-chain constantly, most of which are never used, and applications pay for all of it.

• Pulling data only at the point of use removes that waste.

• Founded by Jakub Wojciechowski.

• Backed by Lemniscap, Maven11 and Coinbase Ventures.

• No public ICO. Distributed via Binance ecosystem programmes and airdrop in 2025.

• Oracle failure causes immediate and severe losses in dependent protocols.

• Dominant incumbent with deeper integrations.

• Data freshness responsibility shifts to integrating applications.

• Provider collusion risk if the data provider set is small.