
As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink.
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RedStone is the first large oracle to launch on the Ethereum restaking protocol.
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Without Bitcoin staking oracles, BTC-based liquid staking tokens can be only used to provide liquidity on DEXs, according to RedStone co-founder Marcin Kaźmierczak.
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RedStone’s integration with TON will introduce real-time asset prices, aiming to enhance DeFi, GameFi, and social applications.
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The oracle solution said it amassed $4 billion in total value secured across 100 individual clients.
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