RedStone

RedStone

RED

$0.168156

Current Price

-3.08%

24h Change

Info

RED

Symbol

$168.18M

Fully Diluted Valuation

$89.82M

Market Cap

316

Market Rank

1.00B

Total Supply

$2.95M

Total Volume

$0.180862

24h High

$0.16954

24h Low

About RedStone

RedStone is a rapidly expanding oracle service that addresses the critical need for reliable data feeds in the decentralized finance (DeFi) sector, focusing on yield-bearing collateral for lending markets. Its core mission is to enhance the security and efficiency of DeFi protocols by providing accurate, timely data to support smart contract operations. Leveraging innovative technology, RedStone supports a diverse array of assets, including Liquid Staking Tokens (LSTs), Liquid Reward Tokens (LRTs), and Bitcoin LSTs, ensuring comprehensive coverage for various DeFi applications. Positioned as a leader in its field, RedStone has secured a robust client base, including top-tier DeFi protocols such as Spark, Morpho, Compound, and Lido, among others. By integrating with over 80 renowned clients, the platform has demonstrated its scalability and reliability in managing over $10 billion in secured assets. RedStone's unique capabilities and partnerships underscore its pivotal role in advancing DeFi infrastructure, making it an indispensable component of the cryptocurrency ecosystem.

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FAQ

Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.

Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.

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