PERP.WIKI

RedStone vs Okotoki

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 Okotoki Professional trading terminal purpose-built for Hyperliquid power users on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for RedStone and Okotoki. 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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Okotoki logo

Okotoki

Okotoki is a professional trading terminal purpose-built for Hyperliquid, offering a sophisticated interface for active perpetuals traders who need more than the native UI. Okotoki's multi-panel layout supports side-by-side charting of multiple assets, a full order entry panel with advanced order types, and a live order book visualizer that renders Hyperliquid's L2 order book depth in real time. Its built-in trade journal automatically records entries and exits with P&L attribution, helping traders analyze performance over time. Okotoki also includes a position heat map showing portfolio-level exposure and risk metrics for perp positions. By combining the speed of Hyperliquid's matching engine with a feature-rich trading interface, Okotoki caters to the growing cohort of professional traders who have migrated from CEXes to Hyperliquid and demand institutional-grade tooling without sacrificing the non-custodial benefits of decentralized trading.

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Feature Comparison

FeatureRedStone logoRedStoneOkotoki logoOkotoki
LayerMulti-LayerMulti-Layer
CategoryOraclesTrading Terminals & Interfaces
StatusActiveActive
Launch Year2022
Websiteredstone.financeokotoki.com
Twitter@redstone_defi
GitHubNot publicNot public
Verified✓ VerifiedUnverified
Tags
oracleHyperStoneprice-feedsHIP-3

Score Comparison

RedStoneOkotoki
Open Source
RedStone
Not public
Okotoki
Not public
Verified
RedStone
Verified
Okotoki
Unverified
Ecosystem Breadth
RedStone
4 tags
Okotoki
0 tags
Maturity
RedStone
Since 2022
Okotoki
Unknown

Feature Matrix

FeatureRedStone logoRedStoneOkotoki logoOkotoki
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

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

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 Okotoki if you...

  • Want a trading terminals & interfaces solution on Multi-Layer
  • Need: Professional trading terminal purpose-built for Hyperliquid power users

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.

Okotoki logo

Okotoki

Okotoki 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 RedStone or Okotoki to help others in the Hyperliquid community make better decisions.

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