Project Introduction:
RedStone, launched in 2020, focuses on modular, low-cost data services and surged to a TVS of 4 billion USD by early 2025, skyrocketing 6000% year-over-year. Spearheaded by a Polish team.
Core Highlights:
Technical Hardcore: Modular architecture + off-chain storage (Arweave), gas fees slashed to the floor, supporting 70+ chains (covering everything from Ethereum to TON), on-demand data on-chain, efficiency maxed out.
Ecosystem Leverage: 130+ DeFi projects integrated (Pendle, Aave GHO, etc.), plus pioneering AVS on EigenLayer, backed by an 18 billion restaking market cap, with security and narrative both on point.
Capital Backing: Supported by Coinbase Ventures and Kraken Ventures, secured 22.5 million USD in funding, Binance Launchpool’s 64th project RED token just went live, generating solid buzz. 1 reply
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Data Speaks: TVS in 2024 soared from 250 million to 4 billion, a growth curve like riding a rocket. With RED token incentives rolled out, governance + expansion dual engines firing, community momentum is accelerating.
Competition and Risks: Compared to Chainlink’s big-brother status and Pyth’s speed edge, RedStone breaks through with flexibility and low cost, but its short history, small market share, and regulatory shadows are risks to watch.
Token Information:
Total/Maximum Token Supply: 1,000,000,000
Launchpool Total: 40,000,000 RED (4%)
Initial Circulating Supply: 280,000,000 RED (28.00%) 0 reply
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