PERP.WIKI

RedStone vs Insilico Terminal

Hyperliquid ecosystem comparison · Oracles

Ecosystem Pick
Different Focus AreasVerified: RedStone

Quick Take

RedStone Oracle powering ~99.5% of oracle-protected value on HyperEVM on Multi-Layer, while Insilico Terminal Free professional trading terminal — the first terminal on Hyperliquid on HyperCore. They serve different niches in the Hyperliquid ecosystem.

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

Overview

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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Insilico Terminal logo

Insilico Terminal

Insilico Terminal is a free, professional-grade trading terminal and the first purpose-built execution interface to support Hyperliquid natively. Created by veteran trader Flood, the platform delivers institutional-quality order, position, and execution management tools to retail traders at zero cost — democratizing access to tooling previously reserved for professional trading desks. The terminal provides a comprehensive suite of advanced features: multi-order management, real-time position tracking across all open markets, granular execution controls, and a clean interface optimized for speed and clarity under fast market conditions. Unlike generic exchange UIs, Insilico Terminal is designed by a trader for traders — with a workflow that mirrors professional trading environments and prioritizes execution precision above all. Being the first terminal to integrate Hyperliquid natively means Insilico users benefit from direct access to Hyperliquid's high-performance on-chain order book, including sub-second execution, deep liquidity across 100+ perpetual markets, and transparent on-chain settlement. The platform also supports multi-chain trading, extending its utility for traders who operate across ecosystems. With no subscription fees and active community-driven development, Insilico Terminal has become an essential daily tool for serious traders in the Hyperliquid ecosystem.

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Feature Comparison

FeatureRedStone logoRedStoneInsilico Terminal logoInsilico Terminal
LayerMulti-LayerHyperCore
CategoryOraclesTrading Terminals & Interfaces
StatusActiveActive
Launch Year20222024
Websiteredstone.financeinsilicoterminal.com
Twitter@redstone_defi@InsilicoTrading
GitHubNot publicNot public
Verified✓ VerifiedUnverified
Tags
oracleHyperStoneprice-feedsHIP-3
terminalTradingViewhotkeysprofessional

Score Comparison

RedStoneInsilico Terminal
Open Source
RedStone
Not public
Insilico Terminal
Not public
Verified
RedStone
Verified
Insilico Terminal
Unverified
Ecosystem Breadth
RedStone
4 tags
Insilico Terminal
4 tags
Maturity
RedStone
Since 2022
Insilico Terminal
Since 2024

Feature Matrix

FeatureRedStone logoRedStoneInsilico Terminal logoInsilico Terminal
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

RedStone operates on Multi-Layer (spans multiple hyperliquid layers), while Insilico Terminal runs on HyperCore (native on-chain perpetual orderbook). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

RedStone is focused on oracles, while Insilico Terminal targets trading terminals & interfaces. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

RedStone is distinguished by: oracle, HyperStone, price-feeds, HIP-3. Insilico Terminal stands out with: terminal, TradingView, hotkeys, professional.

Market Timing

RedStone launched first in 2022, giving it a head start. Insilico Terminal entered later in 2024, potentially with the benefit of learning from earlier entrants.

When to Use Each

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

Choose Insilico Terminal if you...

  • Want a trading terminals & interfaces solution on HyperCore
  • Need features like terminal and TradingView
  • Need: Free professional trading terminal — the first terminal on Hyperliquid

Ecosystem Integration

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.

Insilico Terminal logo

Insilico Terminal

Insilico Terminal operates on HyperCore (native on-chain perpetual orderbook). Running on HyperCore gives it direct access to the native orderbook with minimal latency and maximum throughput.

Community Verdict

Which do you prefer?

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

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