On February 25, 2025, Binance announced the launch of RedStone. This project will adopt pre-market trading and price limit rules. Based on the current pre-market trading prices and the situation of other competitors in the field, we anticipate that the RED token will fluctuate in the opening short-term price range of 1-1.5u.
1. Launchpool Details
Below is the information for this RedStone Launchpool.
About Pre-market Trading
This Launchpool adopts pre-market trading and price limit rules, with specific information shown below:
2. Project Overview
RedStone is a blockchain oracle provider that offers fast, efficient, and tamper-proof cross-chain data sources to support DeFi protocols on any blockchain.
3. Project Highlights
In 2024, RedStone became the first oracle to support Liquid Restaking tokens, adopted by EtherFi, Renzo, Kelp DAO, and Puffer Finance.
In 2024, RedStone became the first oracle to support yield stablecoins, adopted by Ethena Labs and later by USDX, Elixir, Resolve.
RedStone developed the first BTC staking oracle, adopted by Lombard Finance and later by pumpBTC, Lorenzo, and Solv.
The only oracle implementing the AI Agents communication framework CLARA.
RedStone has been the preferred oracle for every major new chain launched in 2024 and 2025, including Kraken's Ink L2, Unichain, Movement, Story, Berachain, Sonic, Soneium, and others.
In 2025, RedStone became the first top oracle to have AVS.
In 2025, RedStone was added to the oracle configuration of Spark Protocol, one of the largest DeFi lending protocols.
RedStone ranks among the top three oracles in terms of customer count and cumulative TVL protection, having secured over $700,000 in TVS. RedStone's growth has been explosive, with over 500% user growth and over 6000% growth in total value protection in 2024.
RedStone is the only oracle that supports any data model, including push sources used by major lending protocols and pull sources used by high-speed perpetual protocols and low-latency blockchains.
RedStone supports 78 blockchains and over 1,250 unique assets, surpassing any other oracle.
4. Technical Features
4.1. Modular Innovation
Deep Price Discovery: RedStone prices come not only from CEXs but also directly from on-chain exchanges (DEXs), providing faster, more secure, and more versatile asset support than any competitors.
Product Offering: A price feed designed specifically for quantitative needs, including LST and LRT feeds as well as reserve proof feeds for BTC staking protocols.
Modular Innovation: From seamless support for AVS and RedStone OEV to low-latency feeds, RedStone has made progress as a complete oracle across multiple verticals.
Security: Utilizing EigenLayer AVS, it can leverage $14B in economic security as needed.
4.2. Four Modules
RedStone's modular oracle stack enables it to support new chains, use cases, and technologies at a significantly faster rate than competitors. It consists of four modules:
Procurement Module: The pricing information from RedStone comes from numerous providers, including centralized exchanges like Binance, decentralized exchanges (DEXs) like Uniswap, and aggregators like CoinMarketCap. RedStone has over 180 integrated sources to ensure robust data coverage.
Data Distribution Module: In the initial phase of creating pricing information, after collecting asset data through proprietary scrapers and processing it by a node network, data will enter the data distribution module. The Data Distribution Layer (DDL) is crucial for ensuring that data is accessible to the supplementary modules responsible for delivering data to the target chain. DDL is a low-latency, highly scalable intermediary that can temporarily store data, allowing for delivery to the chain at specified times using pre-selected oracle models.
Data Relay Module: Efficiently and securely transmitting data to the blockchain requires embedding additional payloads in user transactions and forwarding messages directly to the on-chain environment. In short, data such as asset prices is embedded in the transaction trail that constitutes user transactions. This is possible because the blockchain acts as a ledger, systematically recording updated versions of information called state.
Data Consumption Module: Once the data packet is transmitted through one of the RedStone models, the unpacking process begins. This involves step-by-step data validation and additional integrity checks, all of which are executed on-chain in the target blockchain network that will provide pricing information.
4.3. Ensuring Data Integrity through Signatures and Native Cross-Chain Oracles
By using cryptographic signatures to ensure data integrity, each data point is signed by the data provider. These signatures are verified on-chain, ensuring the authenticity of the data. Therefore, the RedStone process seamlessly inherits the strong security attributes of the target blockchain, maintaining trust and reliability throughout.
4.4. How Modular is RedStone's Design?
RedStone's modular architecture offers scalability, security, and efficiency, enabling the integration of new assets, reduced latency, and support for new networks. Its interchangeable components (data sources, validation mechanisms, and delivery methods) allow for seamless updates and enhancements without disrupting operations. The diagram below highlights which components are interchangeable:
4.5. RedStone is Designed as an Active Validation Service (AVS)
Due to the fully modular nature of RedStone's infrastructure, the data distribution and aggregation modules can also be implemented as an Active Validation Service (AVS), utilizing shared security technologies like EigenLayer to achieve greater decentralization in data distribution and aggregation. The RedStone AVS module shifts data validation off-chain, significantly reducing on-chain gas costs.
5. Team Introduction
6. Financing History
The total disclosed financing amount for Redstone is approximately $22.87 million.
7. Token Economics
RED is the native utility token with the following functions:
Staking: Data providers in the RedStone oracle network are required to stake RED tokens to prove the quality and consistency of the data delivered. Any token holder can stake RED tokens in the RedStone AVS on EigenLayer, adding an extra layer of security to the oracle network. At launch, RED will be supported as a Liquid Restaked token by partner AVS.
Payment Currency: Users of the RedStone oracle source pay stakers with major tokens such as ETH, BTC, SOL, and USDC for the data consumed. These fees will accumulate to the staked RED.
Token Allocation and Unlocking:
8. Secondary Market Performance Prediction
1. Recent Performance of Binance Launchpool
A month later, Binance Launchpool has launched a new project again, with the previously listed BIO performing poorly, having dropped tenfold from its peak, and the price of BNB has also retraced nearly 20% since the last period.
2. On-chain Lending Costs
According to the on-chain BNB lending situation, users participating in this Launchpool using borrowing need the coin price to reach 0.744.
Over USD to cover borrowing costs during the period.
3. Track Comparison
Currently, there is a significant market cap difference among leading projects in the track, with Chainlink as the leader, and it is expected that RED's market cap will be closer to Pyth and Supra.
4. Pre-market Price
The pre-market price of RED can be seen on AEVO, currently priced at 1.29u with low trading volume.
In summary, the opening short-term price of the RED token is expected to fluctuate in the range of 1-1.5u.