These new systems often need custom, flexible data feeds.
That’s where RedStone comes in.
🔹 What does RedStone do?
RedStone is a modular oracle network built for:
Protocols that need custom price feeds LST / LRT ecosystems Real-world assets like stocks, commodities, ETFs
Instead of pushing everything heavily on-chain all the time, RedStone:
Separates data collection from data delivery Delivers data in a more flexible and gas-efficient way Lets protocols design bespoke feeds for their own collateral and risk models
In simple words:
RedStone is an oracle aimed at the next wave of DeFi – LSTs, LRTs and RWAs that don’t fit into simple “BTC price only” feeds.
I see RedStone as an earlier-stage, higher-risk play compared to LINK or PYTH, with potential upside if it becomes a default oracle for these new DeFi primitives.
💬 Should I do a full comparison: Chainlink vs Pyth vs RedStone in one post?
👤 by @Sal_eth
⚠️ This content is for educational purposes only and is not financial advice. 💰 Always DYOR (Do Your Own Research) before investing or trading.
Most traders only look at price. But without oracles, a big part of DeFi can’t even see the BTC price.
🔹 What does Chainlink do?
Chainlink is a decentralized oracle network.
It brings real-world data (crypto, FX, commodities, RWAs) onto blockchains so smart contracts can work properly.
Some examples where Chainlink is used: Lending platforms and DEXes Perpetual futures and liquidations Stablecoins and Proof-of-Reserve Cross-chain messaging and token transfers (CCIP)
In simple words: Chainlink is not a meme coin.
It’s infrastructure that connects traditional finance and real-world data to blockchains.
I’m personally researching Chainlink as a long-term infrastructure project, not a quick flip. I’m more interested in how it’s used than just the price chart.
💬 What do you want to see next? A breakdown of Pyth, RedStone, or a simple post on “What is an oracle?”
by @Sal_eth
⚠️ This content is for educational purposes only and is not financial advice. 💰 Always DYOR (Do Your Own Research) before investing or trading.