Redstone Oracle — The ultimate Information you need

3 min readMar 11, 2024

Redstone is an oracle protocol that provides price feeds to DeFi Protocols. RedStone is available cross-chain including multiple EVMs, non-EVMs, rollups and all kinds of appchains. They raised upto $7 Million from huge investors such as Blockchain capital, Coinbase and few others.

Financial data is the backbone of decentralised finance. It enables assets valuation and collateral management. Without access to the reliable pricing feeds, it’s impossible to create instruments like derivatives, options and futures.

We have seen potential and huge projects utilizing Redstone oracles. Zerolend, Morpho, Sommelier, and more others uses Redstone. However. Redstone is the only Modular oracle thereby making it more special and unique. Recently, we have seen the growth in modular chains and the demand of roll apps and Appchains. Redstone makes it possible to integrate an oracle on this protocols and chains.

Moreso, Redstone Oracles provides different needs tailored to the basic requirements of. A Modular chain or protocol. This includes the

Redstone Classic

This choice is very Compatible with traditional Oracles, dApp gets full control over data source and update conditions (heartbeat and deviation threshold).

Redstone Core

Using the Redstone core, dApp users deliver signed data packages on demand to the destination chain. This also has Lowest gas costs and a few seconds of latency.

Redstone X

This one can be specially tailored for sophisticated protocols like Perps & Options with a Front-running proof.

Moreso, Redstone supports any public and private data API. There are dedicated plugins available for the most popular aggregators, off-chain exchanges and DEXes. It is also possible to directly connect your internal data source.