Binance has announced RedStone ($RED), a multi-chain oracle across EVM and non-EVM chains, as the 64th project on Binance Launchpool.
RedStone, which has been live since 2021, is backed by leading blockchain investors, including:
- Blockchain Capital
- Coinbase Ventures
- Arrington Capital
- LemniScap
- Lattice
- Spartan
- Stani Kulechov – Aave Founder
- Sandeep Nailwal – Polygon Co-Founder
among others.
As of this writing, RedStone is available on 70+ chains, trusted by 130+ clients, and is supporting 1,250+ assets. It is also protecting over $9 billion according to data from DeFiLlama.
1,200% in 1 year.
Expect even more in 2025. pic.twitter.com/FeoBiIqVOG
— RedStone Oracles ♦️ (@redstone_defi) February 26, 2025
Since February 26 2025, RED has been listed on Binance Launchpool, allowing users to lock their:
- BNB
- FDUSD, and
- USDC
to receive RED airdrops over two days, with farming starting at 00:00 UTC.
Binance Pre-Market will then list RED at 2025-02-28 10:00 (UTC) and open pre-market trading for the RED/USDT trading pair.
By participating, you can farm RED tokens through Launchpool staking or trade them early in Pre-Market before the official listing – giving you a first-mover advantage in this exciting new opportunity!
What is Binance Pre-Market
Binance Pre-Market is a unique trading phase that allows users to buy and sell tokens before they are officially listed on the exchange.
This early access period helps stabilize initial trading activity and gives participants a first-mover advantage. To ensure fair participation, Binance is also introducing a Price Cap Mechanism, which limits extreme price fluctuations in this phase.
In the first 72 hours, there’s a maximum price limit for $RED to reduce volatility. In the first 24 hours, the price of $RED will not go above 200% of the opening price.
Why is RedStone (RED) a Game-Changer?
RedStone is more than just another token – it represents a groundbreaking innovation in blockchain technology. By providing accurate, real-time data feeds, RedStone powers decentralized applications (dApps) across EVM and non-EVM blockchains, ensuring seamless and efficient operations for DeFi, GameFi, and other Web3 services.
With its robust infrastructure and commitment to advancing decentralized data solutions, RedStone is positioned as a promising investment opportunity for early adopters looking to gain exposure to cutting-edge blockchain developments.
Key Strengths of RedStone (RED)
- Multi-Chain Oracle – RedStone operates across both EVM and non-EVM chains, delivering fast and cost-efficient data feeds that power the next generation of dApps.
- AI-Powered Data Feeds (CLARA AI) – RedStone integrates artificial intelligence to enhance the accuracy and efficiency of blockchain data, making it a standout solution in the industry.
How You Can Get Involved
1. Farm RED Tokens on Binance Launchpool
Stake your BNB, FDUSD, and USDC in the Binance Launchpool to earn RED tokens passively before the official trading begins.
2. Trade RED Early on Binance Pre-Market
With the Pre-Market phase, you can start trading RED before its full exchange launch, giving you the chance to secure early positions in the market. The Price Cap Mechanism ensures fair pricing and prevents excessive volatility.
If you are excited by this opportunity here is what you need to do:
- Download Binance App (if they don’t have it)
- Complete KYC for eligibility
- Fund Wallet (BNB, FDUSD, or USDC) (can encourage trading here)
- Stake Tokens in the Launchpool to farm RED before listing
Don’t miss out!
Start farming RED now on Binance Launchpool.
Want to trade RED early? Pre-Market starts Feb 28 – be ready!
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