Hyperliquid Names vs RedStone

Hyperliquid Names

Hyperliquid Names is an on-chain domain naming service for the Hyperliquid ecosystem, enabling users to register human-readable .hl domains that map to wallet addresses and on-chain identities. Similar to ENS on Ethereum, Hyperliquid Names solves a fundamental UX problem: cryptographic wallet addresses are long, error-prone hex strings that are nearly impossible to remember or share reliably. With a .hl domain, you can send assets to alice.hl instead of a 42-character address — dramatically improving usability and reducing the risk of costly transfer errors. Domains are registered on-chain, ensuring ownership is trustless and censorship-resistant — no central authority can revoke your name. Beyond simple address resolution, .hl domains can store metadata such as social profiles, website links, and avatar images, serving as a portable on-chain identity layer across Hyperliquid applications. As the ecosystem expands with wallets, DEXs, trading interfaces, and social apps, a unified naming layer becomes essential infrastructure for user experience. Early adopters can claim short premium names before they become scarce, and a secondary market for valuable .hl domains is already forming among ecosystem participants.

RedStone

RedStone is a modular blockchain oracle network that has become the dominant oracle solution on Hyperliquid, operating under the HyperStone brand for the ecosystem. Oracles are critical infrastructure — they provide smart contracts with real-world price feeds, enabling DeFi lending, derivatives, and synthetic assets to function correctly. RedStone's architecture is uniquely well-suited to Hyperliquid's high-performance environment: rather than pushing price updates to the chain on every tick (a costly approach), RedStone uses a pull-based model where data is fetched on-demand and cryptographically verified on-chain, dramatically reducing costs while maintaining freshness and accuracy. Securing approximately 99.5% of oracle-protected value on Hyperliquid, HyperStone feeds power a wide range of DeFi protocols on HyperEVM — from lending markets to perpetual protocols and yield vaults. RedStone aggregates price data from dozens of sources, applying outlier filtering and cryptographic attestation to ensure data integrity. With support for hundreds of assets and sub-second update latency, HyperStone gives Hyperliquid's DeFi ecosystem enterprise-grade price feeds, enabling complex financial products to be built with confidence in the underlying data infrastructure.

Choose Hyperliquid Names if you...

• ✓Want a wallets & account abstraction solution on HyperEVM
• ✓Need features like domains and identity
• ✓Need: .hl domain names for the Hyperliquid ecosystem

Choose RedStone if you...

• ✓Want a oracles solution on Multi-Layer
• ✓Prefer a verified and vetted protocol
• ✓Need features like oracle and HyperStone
• ✓Need: Oracle powering ~99.5% of oracle-protected value on HyperEVM