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We are Listing RedStone (RED)

March 12, 2025
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2 min

RedStone is a next-generation modular oracle network. Traditional oracles struggle with high costs, slow updates, and inefficient data delivery. RedStone solves these challenges by introducing a highly customizable and AI-powered oracle solution, facilitating accurate and timely data for DeFi applications, institutional finance, and blockchain ecosystems.

Unlike conventional oracles, RedStone operates on a pull-based model, where data is stored off-chain and delivered on-demand, reducing gas fees while maintaining security and reliability. Its modular architecture supports multiple blockchain integrations, providing tailored price feeds and data solutions across diverse ecosystems. RedStone also introduces AI-driven oracles, leveraging machine learning to improve data accuracy, risk management, and predictive insights for decentralized finance.

What is the RED token?

RED is the core utility token that powers the RedStone oracle network. It serves multiple functions, including governance, staking, and incentivization for data providers who ensure accurate and reliable price feeds. Validators and data providers stake RED to secure the network, while developers and institutions use it to access premium oracle services and AI-powered analytics.

By integrating RED into DeFi protocols, blockchain applications, and institutional finance, RedStone provides scalable and efficient data delivery while maintaining decentralization. The token plays a vital role in sustaining a fair and transparent oracle ecosystem, rewarding participants who contribute to its security and functionality.

Here are some of the token key aspects you should consider:

  • Trading Volume (24h): The trading volume of RED in the past 24 hours is $48.86 million.
  • Circulating Supply: The circulating supply of RED is 280 million tokens.
  • Total Supply: The total supply of RED is 280 million tokens.

Trade RED

Join the next evolution of blockchain data. With RED, you can participate in a cutting-edge oracle ecosystem, so head over to our trading page to secure your tokens.

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Katya V.

Katya is one of Tothemoon's skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.