Powering modular oracle infrastructure across chains – data is the new money
RedStone is redefining how off-chain data meets on-chain logic. As a modular oracle network, it provides highly customizable and scalable data feeds, proof of reserves, and real-world asset inputs across 70+ chains.
The RED token empowers governance, staking, and economic security. With RED now available for conversions on Bitso, you can get exposure to one of the most critical infrastructure layers in DeFi.
About RED
RED is the native utility and governance token of RedStone, a next-gen oracle protocol focused on modularity, security, and broad adoption. Through staking, RED helps secure data delivery, decentralize infrastructure, and share protocol revenue with token holders and data providers. Its design aims for sustainable value accrual in oracle economics.
Why RED matters for Web3
- Modular oracle design: decouples data gathering from on-chain delivery for flexibility and scalability
- Cross-chain coverage: supports 70+ blockchains and 1,300+ assets
- Security via staking: RED staking secures the network and aligns token holder incentives
- Deep utility and adoption: powering DeFi protocols with data feeds, proof of reserves, and real-world inputs
The story so far
- RedStone launched as a modular oracle aiming to provide fast, secure, cost-effective data for DeFi
- The RED token was introduced with tokenomics designed to support staking and sustainable value accrual
- RED staking is now live via RedStone AVS and EigenLayer integrations
- Community incentive programs have expanded adoption and visibility for RED
Key Points of RED
- Token for oracle security, governance and incentives
- Staking rewards flow from data usage fees
- Modular oracle architecture across chains
- Token supply capped at 1,000,000,000
Why you should keep an eye on it
Oracles are the bridges between real-world data and smart contracts – RED’s modular, scalable, cross-chain model positions it as foundational infrastructure. If RedStone captures demand across DeFi, RWA, and beyond, RED could become a critical utility layer.
How can I buy RED on Bitso?
Buying RED on Bitso is simple:
- Log in or sign up for your Bitso account.
- Go to “Buy/Sell” and use the conversion feature to swap your local currency (MXN, ARS, BRL, COP, or USD) for RED.
- Enter the amount, review the details, and confirm your transaction.
- Track its market performance directly in the app.
Note: RED is only available through conversions on Bitso. It is not supported on Bitso Alpha, and deposits/withdrawals from external wallets are disabled. However, you can send and receive RED between Bitso users via Bitso Transfer.
Disclaimer
RED (RedStone) is the utility and governance token of the RedStone oracle protocol. It enables staking, network security, and community alignment within a modular oracle framework.
However, its value is speculative and depends on adoption, data-feed usage, competition, and governance decisions. This content is for informational purposes only and does not constitute financial advice. Bitso strongly encourages users to DYOR before acquiring or interacting with any crypto asset.
