PERP.WIKI

RedStone vs Silo Finance

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 Silo Finance Isolated lending markets ensuring risk containment for any token on HyperEVM on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for RedStone and Silo Finance. 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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Silo Finance logo

Silo Finance

Silo Finance is an isolated lending market protocol where each asset gets its own lending silo, ensuring that a compromise in one market cannot cascade to others. By pairing each asset with a bridge asset (ETH or stablecoins), Silo achieves risk isolation while maintaining capital efficiency for borrowers. This architecture is particularly valuable on HyperEVM where newer Hyperliquid spot tokens carry varying risk profiles. Silo v2 introduces permissionless market creation with configurable interest rate models and liquidation mechanisms, enabling any project to deploy a lending market for their token on Hyperliquid. The protocol's battle-tested security model and isolation-first design make it attractive for long-tail asset markets that larger monolithic protocols cannot safely support. Silo's architecture allows the Hyperliquid ecosystem to support lending for any HIP-1 token without threatening the security of other markets.

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Feature Comparison

FeatureRedStone logoRedStoneSilo Finance logoSilo Finance
LayerMulti-LayerMulti-Layer
CategoryOraclesLending & Borrowing
StatusActiveActive
Launch Year2022
Websiteredstone.financesilo.finance
Twitter@redstone_defi
GitHubNot publicNot public
Verified✓ VerifiedUnverified
Tags
oracleHyperStoneprice-feedsHIP-3

Score Comparison

RedStoneSilo Finance
Open Source
RedStone
Not public
Silo Finance
Not public
Verified
RedStone
Verified
Silo Finance
Unverified
Ecosystem Breadth
RedStone
4 tags
Silo Finance
0 tags
Maturity
RedStone
Since 2022
Silo Finance
Unknown

Feature Matrix

FeatureRedStone logoRedStoneSilo Finance logoSilo Finance
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

RedStone is focused on oracles, while Silo Finance targets lending & borrowing. 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 Silo Finance if you...

  • Want a lending & borrowing solution on Multi-Layer
  • Need: Isolated lending markets ensuring risk containment for any token on HyperEVM

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.

Silo Finance logo

Silo Finance

Silo Finance 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 Silo Finance to help others in the Hyperliquid community make better decisions.

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