RedStone vs Ventuals
Hyperliquid ecosystem comparison · Oracles
Ecosystem PickQuick Take
RedStone Oracle powering ~99.5% of oracle-protected value on HyperEVM on Multi-Layer, while Ventuals Pre-IPO perpetuals on HIP-3 — trade SpaceX, OpenAI, and more on HIP-3. They serve different niches in the Hyperliquid ecosystem.
Based on public data for RedStone and Ventuals. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.
RedStone
Multi-LayerOracle powering ~99.5% of oracle-protected value on HyperEVM
redstone.finance
Ventuals
HIP-3Pre-IPO perpetuals on HIP-3 — trade SpaceX, OpenAI, and more
ventuals.comOverview
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.
Visit websiteVentuals
Ventuals is a pioneering on-chain derivatives protocol built natively on Hyperliquid's HIP-3 infrastructure, focused on bringing private company valuations and pre-IPO markets to decentralized finance. By tokenizing equity-linked perpetual futures for private AI labs, tech platforms, and emerging hardware and automation companies, Ventuals creates a unified trading venue for assets previously inaccessible to on-chain participants. The protocol launched its vHYPE liquid staking vault in October 2025, attracting over $38 million in deposits within 30 minutes — a testament to demand for its novel market structure. Capital locked in the vHYPE vault funds collateral backing for Ventuals' HIP-3 perpetual markets, directly aligning staker incentives with protocol growth. Users can trade permissionless perps on pre-IPO company valuations, earn staking rewards on vHYPE deposits, and accumulate protocol points through trading volume and liquidity provision. Settlements leverage Hyperliquid's proven order book and clearing infrastructure, delivering the speed and transparency of a top-tier CEX with full on-chain settlement. Ventuals represents a new DeFi frontier: liquid, transparent derivatives on the private companies shaping the future of AI, hardware, and tech.
Visit websiteFeature Comparison
| Feature | ||
|---|---|---|
| Layer | Multi-Layer | HIP-3 |
| Category | Oracles | Prediction Markets |
| Status | Active | Beta |
| Launch Year | 2022 | 2025 |
| Website | redstone.finance | ventuals.com |
| @redstone_defi | @ventuals_xyz | |
| GitHub | Not public | Not public |
| Verified | ✓ Verified | Unverified |
| Tags | oracleHyperStoneprice-feedsHIP-3 | pre-IPOperpetualsVCHIP-3VNTLS |
Highlighted tags are shared by both projects
Score Comparison
Feature Matrix
| Feature | ||
|---|---|---|
| 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 Ventuals runs on HIP-3 (permissionless custom perpetual markets). This affects composability, transaction speed, and the types of integrations each protocol supports.
Category Focus
RedStone is focused on oracles, while Ventuals targets prediction markets. They serve different user needs within the Hyperliquid ecosystem.
Unique Features
RedStone is distinguished by: oracle, HyperStone, price-feeds. Ventuals stands out with: pre-IPO, perpetuals, VC, VNTLS.
Market Timing
RedStone launched first in 2022, giving it a head start. Ventuals entered later in 2025, 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 Ventuals if you...
- ✓Want a prediction markets solution on HIP-3
- ✓Need features like pre-IPO and perpetuals
- ✓Need: Pre-IPO perpetuals on HIP-3 — trade SpaceX, OpenAI, and more
Ecosystem Integration
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.
Shared ecosystem tags: HIP-3
Ventuals
Ventuals operates on HIP-3 (permissionless custom perpetual markets). Through HIP-3, it enables permissionless creation of custom perpetual markets.
Community Verdict
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