RedStone

RedStone is an oracle network whose token trades under the symbol RED. Oracle networks solve the problem of getting reliable, real-world price and rate data onto blockchains, which smart contracts cannot fetch on their own. RedStone focuses specifically on yield-bearing collateral assets — such as liquid staking tokens and liquid restaking tokens — and says it serves lending markets and DeFi protocols that need those prices to function safely.

RedStone delivers price feeds to smart contracts across multiple blockchains, including the Ethereum and Base ecosystems. The data record does not specify a consensus algorithm or block time for the network itself, so the exact validation mechanism is not confirmed in the information stored here. The RED token exists within this infrastructure, though the stored data does not detail the precise on-chain role the token plays in feed validation or network governance.

The stored data does not include a fee revenue figure, so no fee stream, fee recipient, or protocol earnings can be described from what is held here. What is known about supply is that 547,535,796 RED tokens are in circulation, representing 54.75 percent of the 1,000,000,000 maximum supply at this point in time. The fully diluted valuation is 1.83 times the current market capitalisation, meaning a large share of tokens — roughly 82.64 percent of the remaining supply — has yet to enter circulation and represents pending dilution. Without fee data, measures such as price-to-fees or revenue yield cannot be calculated for this asset on this site.