PERP.WIKI

RedStone vs Spearbit

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 Spearbit Decentralized network of elite security researchers for competitive DeFi audits on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for RedStone and Spearbit. 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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Spearbit logo

Spearbit

Spearbit is a decentralized network of elite security researchers offering competitive smart contract audit services for protocols building on HyperEVM and other blockchain ecosystems. Unlike traditional security firms with fixed teams, Spearbit matches each engagement with the most qualified researchers from its curated network, ensuring expert-level coverage of protocol-specific risks. Spearbit has conducted high-profile audits for top DeFi protocols and is increasingly engaged by Hyperliquid ecosystem projects seeking security validation before mainnet launches. Its transparent, competitive marketplace model has attracted some of the highest-earning bug bounty hunters and independent security researchers in the industry. For HyperEVM protocols that handle concentrated liquidity or complex financial logic, Spearbit's researcher network provides diverse threat modeling perspectives that single-firm audits cannot match, making it a popular choice for security-conscious Hyperliquid ecosystem teams.

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Feature Comparison

FeatureRedStone logoRedStoneSpearbit logoSpearbit
LayerMulti-LayerMulti-Layer
CategoryOraclesSecurity & Audits
StatusActiveActive
Launch Year2022
Websiteredstone.financespearbit.com
Twitter@redstone_defi
GitHubNot publicNot public
Verified✓ VerifiedUnverified
Tags
oracleHyperStoneprice-feedsHIP-3

Score Comparison

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

Feature Matrix

FeatureRedStone logoRedStoneSpearbit logoSpearbit
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

RedStone is focused on oracles, while Spearbit targets security & audits. 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 Spearbit if you...

  • Want a security & audits solution on Multi-Layer
  • Need: Decentralized network of elite security researchers for competitive DeFi audits

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.

Spearbit logo

Spearbit

Spearbit 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 Spearbit to help others in the Hyperliquid community make better decisions.

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