On February 25, 2025, Binance announced the launch of RedStone, which will adopt pre-market trading and price limit rules. Based on current pre-market trading prices and the status of other competitors in the field, we anticipate the price of the RED token to fluctuate in the range of 1-1.5u at the opening.
1. Launchpool Details
The following provides information on this RedStone Launchpool.
About Pre-market Trading
This Launchpool adopts pre-market trading and price limit rules, specific information is shown in the figure 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 and was adopted by Ethena Labs, 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 more.
In 2025, RedStone became the first top oracle with AVS.
In 2025, RedStone was added to the oracle configuration of the Spark Protocol, one of the largest DeFi lending protocols.
RedStone is among the top three oracles in terms of customer count and accumulated TVL protection, earning over $700,000 in TVS. The growth of RedStone is explosive. In 2024, user growth exceeded 500%, and total value protection increased by over 6000%.
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, more than any other oracle.
4. Technical Features
4.1. Modular Innovation
Deep Price Discovery: RedStone prices come not only from CEX but also directly from on-chain trading venues (DEX), providing asset support that is faster, safer, and more versatile than any competitor.
Product Offering: Price feeds designed for quantitative needs, including LST and LRT feeds, as well as reserve proof feeds for BTC staking protocols.
Modular Innovation: From AVS and RedStone OEV to seamless support for low-latency feeds, RedStone has made strides as a complete oracle across multiple verticals.
Security: Utilizing EigenLayer AVS, able to 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 pace than competitors. It consists of four modules:
Procurement Module: RedStone's price information comes from numerous providers, including centralized exchanges like Binance, decentralized exchanges (DEX) 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 price information creation, after asset data is collected via proprietary scrapers and processed by the node network, the data enters the Data Distribution Module. The Data Distribution Layer (DDL) is crucial for ensuring that data is available for supplemental modules responsible for delivering data to the target chain. DDL is a low-latency, highly scalable intermediary that can temporarily store data, allowing for the use of pre-selected oracle models to deliver data on-chain at specified times.
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 trails that constitute user transactions. This is feasible because the blockchain acts as a ledger, systematically recording updated versions of information called state.
Data Consumption Module: Once the data package is transmitted through one of the RedStone models, the unpacking process begins. This involves step-by-step data validation and additional integrity checks, all executed on-chain by the target blockchain network that will provide the price 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. Thus, the RedStone process seamlessly inherits the robust security attributes of the target blockchain, maintaining trust and reliability throughout.
4.4. How Modular is the Design of RedStone?
The modular architecture of RedStone provides scalability, security, and efficiency, allowing for the integration of new assets, reducing latency, and supporting new networks. Its interchangeable components (data sources, validation mechanisms, and delivery methods) enable seamless updates and enhancements without interrupting operations. The following illustration highlights which components are interchangeable:
4.5. RedStone Designed as an Active Validation Service (AVS)
Since RedStone's infrastructure is fully modular, the data distribution and aggregation modules can also be implemented as an Active Validation Service (AVS), utilizing shared security technologies like EigenLayer, thereby achieving greater decentralization in data distribution and aggregation. The RedStone AVS module transfers data validation off-chain, significantly reducing on-chain gas costs.
5. Team Introduction
6. Financing History
The disclosed total financing amount of 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 need 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, thereby adding an extra layer of security to the oracle network. Upon release, 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 consumed data. These fees will accumulate in the staked RED.
Token Distribution and Unlocking:
8. Secondary Market Performance Predictions
1. Binance Launchpool Recent Performance
More than a month later, Binance Launchpool is back online with a new project, after the previously launched BIO performed poorly, experiencing a tenfold drop from its peak, and the price of BNB has also retraced nearly 20% since the last phase.
2. On-chain Lending Costs
Based on on-chain BNB lending conditions, users participating in this Launchpool need the coin price to reach 0.744.
USD above is required to cover the borrowing costs during the period.
3. Track Comparison
Currently, there is a significant disparity in market capitalization among the leading projects, with Chainlink at the forefront, and it is expected that the market cap of RED 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 price of RED token is expected to fluctuate in the range of 1-1.5u at the opening.