About Redstone
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
Trading Insights
Buyer Ratio
Traders
63
21.15%
Buyers
50
21.95%
Sellers
24
84.62%
Searched
104
Market Stats
Market Cap
£35.64M
10.24%
FDV
£84.05M
Circ. Supply
424M RED
Max Supply
1B RED
Total Supply
1B RED
Diluted Valuation
£83.97M
Performance
Popularity
#430
Dominance
0%
Volume (24H)
£9.21M
150.36%
Volume (7D)
£40.25M
Volume (30D)
£185.21M
All time high
£0.7063
Price Change (1Y)
Not enough data
55.8%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Redstone has decreased by 1.34% in the last hour and increased by 9.59% in the past 24 hours. Redstone’s price has also risen by 19.78% in the past week. The current price is £0.08374 per RED with a 24-hour trading volume of £9.21M. Currently, Redstone is valued at 88.14% below its all time high of £0.7063. This all-time high was the highest price paid for Redstone since its launch.
The current circulating supply of Redstone is 424,034,244 RED which means that Redstone has as total market cap of £35,639,227.47.
Market details
RED vs markets
↘ 35.84%
RED vs BTC
↘ 30.19%
RED vs ETH
↘ 45.94%
Tags
defi
oracles
binance-launchpool
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xc43C6bfeDA065fE2c4c11765Bf838789bd0BB5dE |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.08374 | |
1 Day | £0.07639 | |
1 Week | £0.06903 | |
1 Month | £0.09745 | |
1 Year | £0.1866 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#496
Contributors
95
Posts
198
% About Redstone
0.043%
Articles
0
X (Twitter)
24.74% bullish
Sentiment
3.2 ★
Highlights
95 unique individuals are talking about Redstone and it is ranked #496 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Redstone has an average sentiment score of 3.2 out of 5. Finally, Redstone is becoming less newsworthy, with 0 news articles published about Redstone.
On Twitter, people are mostly neutral about Redstone. There were 30% of tweets with bullish sentiment compared to 21.25% of tweets with a bearish sentiment about Redstone. 70% of tweets were neutral about Redstone. These sentiments are based on 194 tweets.
On Reddit, Redstone was mentioned in 1 Reddit posts and there were 1 comments about Redstone. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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