RedStone builds a novel oracle that delivers price feeds for over 1,100 assets, available on Ethereum, Polygon, Avalanche, Arbitrum, and 30+ chains with 10-second update time.
Get price data feeds covering long tail tokens, Forex, commodities, on-chain identity, and much more, in a truly scalable and cross-chain manner. The novel product design ensures resistance to network congestion and enables the delivery of data to projects every few seconds.
Moreover, projects can integrate RedStone Oracles once and use it on any L1 or L2 chain they would like to expand to, thanks to our storageless architecture (data is transferred with meta transactions which bypasses expensive EVM-storage).
The company is backed by some of the most renowned Web3 Entrepreneurs such as Stani Kulechov (Aave), Sandeep Nailwal (Polygon), Alex Gluchovski (zkSync) and many more. In Aug 2022 RedStone raised their $7M Seed Round led by Lemniscap with participation from Coinbase Ventures, Blockchain Capital, Arweave, and others.
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