Coin overview
RED
In progress1.38+245%
Last price (USDT)
181.05K
24h total (USDT)
181.05K
Total vol (USDT)
2025-02-27 10:00:00 ~ Pending
Trading time (UTC+0)
Pending
Delivery time (UTC+0)
Total supply1.00B
Resources
Introduction
RedStone is a modular oracle supporting 140+ clients including Morpho, Pendle, Spark, Venus, Ethena, Etherfi, Lombard and many more. While RedStone is live on 70+ chains including the upcoming ones like Monad, Berachain, MegaETH, Unichain, it also ensures further innovation on established ecosystems i.e. Ethereum or Base. Thanks to RedStone reliable infrastructure DeFi teams can build their solutions withought limiatations met with legacy oracle providers. As the only oracle RedStone provides both Push and Pull oracle model cross-chain.
Bitget pre-market trading: RedStone (RED) is set to launch soon
We're thrilled to announce that Bitget will launch RedStone (RED) in pre-market trading. Users can trade RED in advance, before it becomes available for spot trading. Details are as follows: Start time: 27 February, 2025, 10:00 (UTC) End time: TBD Spot Trading time: TBD Delivery Start time: TBD Delivery End time: TBD Pre-market trading link: RED/USDT Bitget Pre-Market Introduction Delivery method: Coin settlement, USDT settlement Coin settlement Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient spot balances will be filled with corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be triggered immediately. At the project's delivery end time, the system will either deliver or compensate any remaining undelivered orders. USDT settlement For orders under the USDT Settlement mode, all delivery will be executed at the delivery end time of the project. The delivery time for the pre-market project will be announced once the coin's spot listing time is confirmed. Stay tuned to relevant notifications and announcements for the latest information. Example: The user buys 10 tokens at 10 USDT (the filled order is called Order A) and sells 10 tokens at 15 USDT (the filled order is called Order B). At delivery time, the system calculates the delivery execution price based on the average index price from the last minute. Assuming the execution price is 5 USDT, the calculations are as follows: PnL of Order A = (5 – 10) × 10 = –50 USDT PnL of Order B = (15 – 5) × 10 = 100 USDT The total PnL for the user in pre-market trading is 50 USDT. For USDT settlement, orders are settled at the average index price from the last ten minutes as the delivery execution price, determined by a weighted average of prices at leading exchanges to ensure fairness and transparency. Introduction RedStone is a modular oracle supporting 140+ clients including Morpho, Pendle, Spark, Venus, Ethena, Etherfi, Lombard and many more. While RedStone is live on 70+ chains including the upcoming ones like Monad, Berachain, MegaETH, Unichain, it also ensures further innovation on established ecosystems i.e. Ethereum or Base. Thanks to RedStone reliable infrastructure DeFi teams can build their solutions withought limiatations met with legacy oracle providers. As the only oracle RedStone provides both Push and Pull oracle model cross-chain. RED Total supply: 1,000,000,000. Website | X | Telegram FAQ What is pre-market trading? Bitget pre-market trade is an over-the-counter trading platform specializing in providing a pre-traded marketplace for new coins before their official listing. It facilitates peer-to-peer trading between buyers and sellers, enabling them to acquire coins at optimal prices, secure liquidity in advance, and complete delivery at a mutually agreed upon time. What are the advantages of Bitget pre-market trading? Investors often have expectations regarding the price of a new coin before spot trading becomes available. However, they may be unable to purchase the coin at their preferred price and secure liquidity in advance due to lack of access. In response to this, Bitget pre-market trading offers an over-the-counter (OTC) platform where buyers and sellers can establish orders in advance to execute trades as desired and complete delivery later. In this scenario, sellers are not required to own any new coins; instead, they only need to obtain sufficient new coins for delivery before the designated delivery time. How are pre-market trades deliveries completed? Coin Settlement orders: Sellers can choose to either deliver the tokens or compensate with security deposit before the delivery execution. Starting from the project's delivery start time, the system will periodically execute multiple deliveries for orders under the Coin Settlement mode. Sell orders with sufficient coin balances will be filled with the corresponding buy orders. If there are insufficient project tokens or if sellers voluntarily choose to default, compensation with security deposits will not be trigger immediately.At the delivery end time of the project, the system will settle all remaining orders, either through buy delivery or compensation. If there is a sufficient balance, the corresponding quantity of tokens will be transferred to the buyer's spot account, and the buyer's frozen funds will be transferred to the seller's spot account as payment. Otherwise, the transaction will be canceled. In this case, the system will unfreeze the buyer's funds and compensate the buyer with the seller's frozen security deposit. USDT Settlement orders: All deliveries will be executed at the project's delivery end time. Orders are settled at the average index price over the last ten minutes, which serves as the delivery execution price. Profits and losses are calculated based on the difference between the execution price and the delivery execution price. The losing party will pay the difference to the winning party. Note: 1) The system will execute deliveries in chronological order based on the transaction time of the orders. If you have both buy and sell orders in Coin Settlement mode, the quantities cannot offset each other. Please ensure that your spot account has a sufficient available balance for the sell orders at the time of delivery. Orders with insufficient balance will be treated as the seller's default. 2) For coin settlement orders, only tokens available in your spot account will be used for delivery. Tokens frozen in pending orders or held in other accounts will not be used for delivery. 3) The delivery is expected to be completed within one hour. To mitigate the risk of delivery failure due to insufficient funds, the seller of coin settlement orders should refrain from any transactions involving the delivery currency within 30 minutes after the delivery initiation. How can I make a pre-market trade as a seller? As a seller, you are required to use the USDT in your spot account to pay the margin. You can list your new tokens on the order market at your preferred price via Post Order, or you can find a suitable buy order on the order market and sell it to the buyer at the buyer's asking price. Once the order is filled, you just need to wait for the delivery. How can I make a pre-market trade as a buyer? As a buyer, you are required to use USDT from your spot account to pay for the trade. Using the Place Order function, set the quantity of coins you want to buy at your preferred price and list the maker order in the order market. Bitget will then lock the funds for the purchase and handle any related fees. Alternatively, you can directly select a sell order from the marketplace and buy the coins at the seller's designated price. Once the order is filled, simply await delivery. Do I have to fill the entire maker sell/buy order at once in pre-market trading? No, the platform allows you to trade any quantity of coins as long as it meets the minimum transaction limit. Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. 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The total supply of RedStone (RED) is 1 billion, with an initial circulation of 28%
The project details for RedStone (RED) show that the total/max supply of tokens is 1,000,000,000 RED. The initial circulation is 280,000,000 RED (28.00% of the total token supply), and the total amount in Launchpool is 40,000,000 RED (4% of the maximum token supply).
LayerZero and RedStone dual-engine drive Story Protocol mainnet, cross-chain ecosystem integration promotes IP management innovation
On February 13th, it was officially announced that LayerZero and RedStone, two major infrastructures, were synchronously connected to the Story Protocol mainnet, injecting new momentum into on-chain intellectual property management. LayerZero's cross-chain interoperability solution has been fully enabled, supporting developers to achieve asset cross-chain transfer through Stargate Finance and build a multi-chain contract communication network. At the same time, RedStone, as the core oracle, has officially launched its Pull & Push hybrid data model, providing flexible off-chain data verification capabilities for the Story ecosystem. In addition to technical integration, UnleashProtocol's on-chain IP financial module (IPFi) and Verio Story's liquidity staking token (LST) solution are also integrated synchronously, further connecting the IP ownership, assetization, and circulation chain. This multi-protocol collaboration may redefine the on-chain collaboration paradigm of intellectual property.
RedStone Oracles releases RED token economics, 48.3% will be distributed to the ecosystem and community
DeFi oracle RedStone Oracles has released the economics of its RED token. The total amount of RED is 1 billion, of which 48.3% will be allocated to the ecosystem and community (10% for protocol development, 28.3% for the ecosystem and data providers, 10% for community and genesis distribution), 20% will be allocated to core builders, and 31.7% will be allocated to early supporters.
RedStone introduces CLARA, a communication layer for AI agents
RedStone, a modular blockchain oracle platform and restaking protocol, has announced CLARA, a new solution aimed at the artificial intelligence market’s agent-based projects. As a communication layer for AI agents, CLARA provides an infrastructure system designed to solve one of the industry’s biggest challenges—communication and collaboration for AI agents. According to details shared with crypto.news, RedStone’s new solution aims to unlock value across the agent economy using hyper-parallel computer AO’s economic rails. CLARA enables projects to leverage RedStone’s cross-chain oracle data network for secure and efficient data exchange. The goal is to facilitate multi-agent communication and value exchange within the ecosystem. “By applying RedStone’s proven methodologies for interoperability and data handling, a robust foundation for multi-agent communication can be developed, enabling seamless collaboration across diverse, decentralized AI ecosystems,” the platform noted. With interoperability connecting over 40 blockchains, CLARA enables unified communication for multiple agents operating on diverse chains. Additionally, the platform offers access to data aggregation from over 150 on-chain and off-chain sources, as well as a decentralized consensus mechanism designed to enhance agent coordination. The crypto AI agent market exploded into action in 2024 following the Terminal of Truths’ content on Goateus Maximus ( GOAT ) meme. Since then, the marketplace has seen extensive growth with ai16z, aiXBT, Virtuals Protocol and ElizaOS. RedStone’s vision is to strengthen this ecosystem with use cases that support AI agents, including agent specialization, monetization, marketplace creation, and cost syndication. For instance, aiXBT could pay another agent for alpha insights, schedule a trade execution with a trading agent, and hire several freelance agents to generate hype.
RedStone Joint Creation: The Trump administration may push DeFi from niche to mainstream
On November 16, Marcin Kaźmierczak, co-founder and COO of RedStone, said in an interview that the new Trump administration "could greatly promote the expansion of DeFi. The government may support policies to push DeFi from niche to mainstream, promoting innovation and investment inflow." Kaźmierczak also explained that a surge in BTC prices "usually" leads to an increase in DeFi service activities. As BTC prices rise, it's not just an isolated climb but can boost the entire DeFi industry.
Oracle RedStone and EigenLayer reach a $500 million cooperation agreement
Golden Finance reported that the oracle protocol RedStone announced a US$500 million cooperation agreement with the liquidity re-pledge protocol Ether.Fi. Ether.Fi will invest US$500 million to help protect RedStone’s data oracle, which is used in the region. Transfer information between the blockchain and the outside world. More than 20,000 node operators from Ether.fi will manage RedStone's Active Validation Service (AVS) and re-stake the token eETH using Ether.fi's native liquidity to protect against active outages and cryptography within the RedStone node provider network Economic attacks.
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