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RedStone

RED#377 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

RedStone is for feeding real-world data to contracts. We have not written its record yet, so its promises are not checked. It trades at $0.1338, #361 of all coins by size, 86% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #2 of 20 oracles. Nothing to be careful of on the record.

Is it real?

4 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
18 monthson the marketsince 6 March 2025
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Passes all four

  • A real-world jobReal-world purpose: feeding real-world data to contracts
  • Real backingBacking: trades on Coinbase, Crypto.com, Kraken
  • Something aheadAhead: news this month about tokenization, upgrade
  • Room to growRoom: worth $68.71M, 6 times smaller than Pyth Network, the biggest coin within reach doing the same thing (Oracle)

Listed on 7 big exchanges

  • Origin6 March 2025about about 18 monthsredstone.finance, GitHub
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Coinbase, Crypto.com, Kraken, Binance
  • Standing on the recordNo recordNo dated promise to judge yet14 headlines last monthNo corrections needed so far
Why it is worth a look
  • Real-world purpose: feeding real-world data to contracts
  • Backing: trades on Coinbase, Crypto.com, Kraken
  • Ahead: news this month about tokenization, upgrade
  • Room: worth $68.71M, 6 times smaller than Pyth Network, the biggest coin within reach doing the same thing (Oracle)
The gap, and what to do

It is already worth more than the typical coin in Oracle ($23.26M). To match the leader, Pyth Network ($429.7M), its price would need to rise 525%, to about $0.8368.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#2of 20 oraclesthe typical one is worth $23.26M
$68.71Mworth todayprice × coins out
$23.26Mthe typical rival is worthOracle
$429.7Mthe leader is worthPyth Network
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Feeding real-world data to contracts

21 coins tagged Oracle, worth $9.4B together. #3 of 21 by worth.

Oracle: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • RedStone$68.71Mthis coin−1.3%51% outno record
  • Pyth Network$429.7M6.3× bigger, +$360.99M−3.1%, gap −1.879% outnone dated
  • Tellor Tributes$47.43M1.4× smaller, −$21.28M−1.4%, gap −0.1no maxno record
  • XYO Network$45.87M1.5× smaller, −$22.84M−3.3%, gap −2.0no maxno record
  • WINkLink$39.16M1.8× smaller, −$29.55M−0.8%, gap +0.6no maxno record
  • Apro$34.42M2.0× smaller, −$34.3M+0.8%, gap +2.223% outno record
  • Band$34.19M2.0× smaller, −$34.52M−4.4%, gap −3.1no maxno record
  • Api3$34.06M2.0× smaller, −$34.66M−6.8%, gap −5.5no maxno record
Same job, different how

Oracle: this coin next to Pyth Network, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

RedStone says
RedStone Is The Fastest Growing oracle, specialising in yield-bearing collateral for lending markets and securing $10bn+ .
Pyth Network says
Pyth Network describes itself as the first market data network built by and for financial institutions.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

RedStone Is The Fastest Growing oracle, specialising in yield-bearing collateral for lending markets and securing $10bn+ . Blue chip DeFi protocols are our clients including Spark, Morpho, Compound, Pendle, Venus, Lido, EtherFi, Ethena, Puffer, Balancer, Lombard, Enzyme, Frax, Agora, M^0 and 80+ other Clients.

Problem it says it solves: feeding real-world data to contracts. 21 coins are working on it and together they are worth $9,402,821,531. This coin is 1% of that.

Where it trades: Coinbase, Crypto.com, Kraken, Binance, Bybit

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Oracle: this coin next to the group's largest, Pyth Network.

RedStonePyth Network
Years trading2 years3 years
Major exchanges711
Named backers01
Headlines, last month1422
Promises deliveredno recordno record

What it says is different: RedStone Is The Fastest Growing oracle, specialising in yield-bearing collateral for lending markets and securing $10bn+ . Blue chip DeFi protocols are our clients including Spark, Morpho, Compound, Pendle, Venus,…

It is 16.0% the size of Pyth Network. On the facts above it is behind on major exchanges, named backers. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.1338price of one−1.3% today
86%below its highest ever$1 on 6 March 2025
51%of the supply is out513.29M coins
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The last 7 days

7 days ago: $0.1312now: $0.1338 (+4.4%)

Where today sits against its highest ever price

$0.1338

Highest ever: $0.9325 on 6 March 2025. Today is 14% of that.

51%

of all RED that will ever exist is already out in public hands: 513.29M coins.

49% (486.71M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.1338price of one
×
513.29Mcoins out
=
$68.71Mworth today, #361 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 51%of the maximum supply is in circulation: 513.29M of 1B.
  • 486.71Mcoins still to be released, 49% of the maximum. Releases can add selling pressure.
  • 1.9×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 14%of its all-time high of $0.9325 on 6 March 2025. That is −85.6% from the top.
  • #361by market cap, $68,714,221.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

14headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

14 headlines named this coin in the last month.

What they were about

  • Tokenization5
  • Price1
  • Unlock1
  • Lawsuit1
  • Hack1
  • Upgrade1

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy