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Hyperscanner vs RedStone

Hyperliquid ecosystem comparison · Analytics & Data

Best for Research
Different Focus AreasVerified: RedStone

Quick Take

Hyperscanner Unified analytics for Hyperliquid L1 and HyperEVM on Multi-Layer, while RedStone Oracle powering ~99.5% of oracle-protected value on HyperEVM on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Hyperscanner and RedStone. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Hyperscanner logo

Hyperscanner

Hyperscanner is a unified analytics and data platform spanning both Hyperliquid L1 — the high-performance perpetuals exchange — and HyperEVM, the EVM-compatible smart contract execution layer. It addresses the fragmentation inherent in Hyperliquid's dual-chain architecture: traders and developers previously needed to consult disconnected explorers and dashboards to get a complete picture of ecosystem activity. Hyperscanner aggregates on-chain data into clean, accessible interfaces featuring real-time market overviews, token analytics, wallet tracking, volume trends, and trading signals derived from live chain activity. For traders, it offers a bird's-eye view of market conditions — open interest shifts, volume anomalies, and emerging token activity on HyperEVM. For developers and researchers, it provides an exploration and indexing layer for understanding ecosystem growth, protocol adoption, and on-chain behavior. By bridging the data gap between Hyperliquid L1 and HyperEVM in a single coherent product, Hyperscanner makes the ecosystem more legible and navigable — lowering the barrier for new participants and giving experienced users the signals they need to stay ahead of market developments.

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RedStone logo

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.

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Feature Comparison

FeatureHyperscanner logoHyperscannerRedStone logoRedStone
LayerMulti-LayerMulti-Layer
CategoryAnalytics & DataOracles
StatusActiveActive
Launch Year20252022
Websitehyperscanner.appredstone.finance
Twitter@hyperscanner_io@redstone_defi
GitHubNot publicNot public
VerifiedUnverified✓ Verified
Tags
analyticsscannersignalsmulti-layer
oracleHyperStoneprice-feedsHIP-3

Score Comparison

HyperscannerRedStone
Open Source
Hyperscanner
Not public
RedStone
Not public
Verified
Hyperscanner
Unverified
RedStone
Verified
Ecosystem Breadth
Hyperscanner
4 tags
RedStone
4 tags
Maturity
Hyperscanner
Since 2025
RedStone
Since 2022

Feature Matrix

FeatureHyperscanner logoHyperscannerRedStone logoRedStone
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Hyperscanner is focused on analytics & data, while RedStone targets oracles. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

Hyperscanner is distinguished by: analytics, scanner, signals, multi-layer. RedStone stands out with: oracle, HyperStone, price-feeds, HIP-3.

Market Timing

RedStone launched first in 2022, giving it a head start. Hyperscanner entered later in 2025, potentially with the benefit of learning from earlier entrants.

When to Use Each

Choose Hyperscanner if you...

  • Want a analytics & data solution on Multi-Layer
  • Need features like analytics and scanner
  • Need: Unified analytics for Hyperliquid L1 and HyperEVM

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

Ecosystem Integration

Hyperscanner logo

Hyperscanner

Hyperscanner operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.

RedStone logo

RedStone

RedStone operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

Share your experience with Hyperscanner or RedStone to help others in the Hyperliquid community make better decisions.

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