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.

Oracle infrastructure provides the price feeds and off-chain data that Hyperliquid DeFi protocols depend on for accurate valuations, liquidations, and settlements. RedStone is part of this foundational category — without reliable oracles, lending protocols cannot safely liquidate positions, and yield vaults cannot accurately value their holdings. On Hyperliquid, oracle integration benefits from the L1's high throughput and low latency.