1. Project Positioning: The 'Data Delivery Guy' of the Blockchain World
In the DeFi world, oracles are like delivery riders—feeding real-world price data to smart contracts on time. However, traditional oracles are often criticized by users for 'high delivery fees' (high gas fees) and 'slow delivery' (data latency). At this point, RedStone appears with the banner of '24-hour freshly cooked delivery', putting data into Arweave's thermal box and using a modular architecture as an electric vehicle, achieving '3-minute delivery' blockchain delivery service.
Even more impressive, this delivery guy has a 'unique skill': it supports Ethereum and other EVM chains while also delivering for the Bitcoin ecosystem. Recently, it took on a large order for re-staking on EigenLayer, making it a comprehensive entity like 'Meituan + Ele.me + Dada' in the blockchain world.
2. Technical Architecture: Geeks Making Good Use of Building Blocks
If traditional oracles are like fixed-structure Lego castles, RedStone is like nano building blocks that can be assembled and disassembled at any time. Its modular design allows developers to combine data sources like building blocks: need frequent updates? Add a streaming processing module; need low-cost storage? Switch to Arweave components; need enhanced security? Insert an EigenLayer AVS shield.
How flexible is this design? Even TON, the 'architectural genius' (special architecture public chain), came knocking for cooperation. Although the integration process was akin to installing an elevator in the Eiffel Tower, the RedStone team managed to complete this 'epic delivery order' in just four months. Now their delivery range covers over 100 public chains, with a menu listing over 1000 asset prices, including everything from crypto tokens to stocks and gold.
3. Market Performance: The 'Price War Champion' of the Oracle World
In the 2024 DeFi market examination, RedStone delivered a perfect score: during the $2 billion liquidation storm, its price update speed was three times faster than its peers, with accuracy comparable to molecular cuisine in Michelin restaurants. When Renzo's ezETH faced decoupling risks, RedStone's data push was 0.3 seconds ahead of its competitors— in the crypto world, that 0.3 seconds is enough for leveraged players to experience three heart-stopping moments.
