RedStone has partnered with the Worldcoin project to bring its oracle solutions to the latter’s Layer 2 blockchain, World Chain.
The collaboration is expected to provide developers with high-quality, cost-efficient data for DeFi applications on the Optimism-based Layer 2 network. RedStone’s integration will provide the WorldChain’s developers with access to over 1,250 price feeds while maintaining Ethereum-grade security.
According to DefiLlama data, RedStone is currently the fourth-largest blockchain oracle. It powers 62 protocols—including Ethereum and Base—and secures around $6.5 billion in value. The project’s team stated the platform’s Pull Model is “a perfect match for World Chain’s human-centric vision.”
World Chain is built to facilitate real-world utility for millions of users, with DeFi playing a crucial role in offering financial services without central intermediaries. In January 2025, the network added support for another blockchain oracle service, Chainlink, and adopted its Cross-Chain Interoperability Protocol (CCIP) to enhance its interoperability with other blockchains.
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Meanwhile, this partnership further solidifies RedStone’s position in the blockchain space. The project recently announced the official addition of its native token RED to the Binance pre-market, on February 28, at 10:00 UTC. This marks a significant milestone for the token ahead of its full spot listing.
The RED token has a fixed maximum supply of 1 billion, locked in a non-upgradable smart contract. During the Binance pre-market phase, only 40 million RED—representing 4% of the total supply—will be in circulation. At the Token Generation Event (TGE), this will increase to 280 million RED, or 28% of the supply. From there, the total supply will gradually expand to 1 billion over four years. This controlled release strategy is designed to enhance security by mitigating risks associated with sudden token inflation, ensuring a more stable and protected ecosystem.
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