BTC $76,657.17 -0.77%
ETH $2,475.94 -1.89%
BNB $716.53 -1.36%
XRP $1.34 -1.79%
SOL $99.60 -2.04%
TRX $0.3393 -0.18%
DOGE $0.0823 -2.74%
ADA $0.2032 -1.80%
BCH $220.62 -2.18%
LINK $11.18 -2.65%
HYPE $77.45 -2.79%
AAVE $124.59 -0.44%
SUI $0.7010 -2.96%
XLM $0.1768 -1.58%
ZEC $1,071.06 -4.72%
AAPL $330.94 -0.59%
AMZN $253.68 -1.26%
GOOGL $337.29 -1.22%
MSFT $491.85 -0.74%
META $642.79 -0.85%
NVDA $215.30 -1.51%
TSLA $364.13 -0.91%
SNDK $1,571.54 -3.33%
INTC $98.76 -3.12%
SPCX $148.80 -0.92%
MU $938.12 -2.95%
AMD $498.76 -3.36%
BTC $76,657.17 -0.77%
ETH $2,475.94 -1.89%
BNB $716.53 -1.36%
XRP $1.34 -1.79%
SOL $99.60 -2.04%
TRX $0.3393 -0.18%
DOGE $0.0823 -2.74%
ADA $0.2032 -1.80%
BCH $220.62 -2.18%
LINK $11.18 -2.65%
HYPE $77.45 -2.79%
AAVE $124.59 -0.44%
SUI $0.7010 -2.96%
XLM $0.1768 -1.58%
ZEC $1,071.06 -4.72%
AAPL $330.94 -0.59%
AMZN $253.68 -1.26%
GOOGL $337.29 -1.22%
MSFT $491.85 -0.74%
META $642.79 -0.85%
NVDA $215.30 -1.51%
TSLA $364.13 -0.91%
SNDK $1,571.54 -3.33%
INTC $98.76 -3.12%
SPCX $148.80 -0.92%
MU $938.12 -2.95%
AMD $498.76 -3.36%

redstone

RedStone is a cross-chain data oracle technology that provides fast and cost-effective data access, complete historical audit trails, and an insurance-backed decentralized dispute mechanism, offering users recourse in case of inaccurate data provision. The Arweave blockchain project is used to store data and track reputation.
All
Article
Flash

first_img Stellar on-chain RWA assets exceed 3 billion USD, DeFi TVL is only 213 million

According to a report released by the oracle provider RedStone, the scale of tokenized real-world assets (RWA) on the Stellar chain surpassed $3 billion in July, while the total value locked (TVL) in the network's DeFi was only $213 million, showing a significant gap between the two. The report pointed out that the issuance speed of RWA far exceeds the development of the lending market and collateral pools, which has become a bottleneck restricting the use of on-chain assets.RedStone attributed the growth mainly to four products: Amundi and Spiko's overnight fund ($713 million), Spiko's government bond fund ($536 million), Ondo's USDY (over $533 million), and VuMe Bond 2030 ($500 million). Data from DefiLlama shows that the TVL of the Stellar network is $232.72 million, of which the lending protocol Blend has locked $150.03 million, but the funding pool accepting RWA as collateral is only about $2 million.The report believes that the settlement times of traditional government bonds, credit funds, and money market funds do not match the instant settlement requirements of on-chain lending, while 24/7 price oracles are key to making RWA usable as collateral. Currently, Stellar has connected to 55 SEP-40 price sources from RedStone, covering government bonds, corporate credit, tokenized gold, and money market funds. In addition, the report mentioned that the Depository Trust & Clearing Corporation (DTCC) plans to introduce custodial assets to Stellar by 2027, with a scale of custodial assets reaching $114 trillion.

RedStone Strategic Advisor Mike Massari: OEV technology has paved the way for RWA, capturing liquidation value and reducing systemic risk

ChainCatcher news, during the RootData Crypto Capital Markets Forum held at TOKEN 2049 in Singapore, RedStone Strategic Advisor Mike Massari delivered a keynote speech on Oracle Extractable Value (OEV). He introduced that RedStone is one of the fastest-growing oracles, currently serving over 100 clients and supporting more than 60 chains, securing $4 billion in assets.He pointed out that the current liquidation process in DeFi is like a "knife fight," where chaotic gas fee competition leads to value loss for protocols and network congestion. He proposed that OEV (Oracle Extractable Value) is the missing key process in DeFi that can transform noise into order.He showcased RedStone Atom, which executes liquidations in an orderly manner within 300 milliseconds through an off-chain FastLane auction layer and an on-chain relay. This solution returns the value previously captured by MEV bots back to the protocol itself. He revealed that during a 30-day proof of concept with the Venus protocol, the solution successfully captured $165,000 in liquidation value while achieving zero downtime.Finally, he emphasized that OEV is crucial for bringing real-world assets (RWA) and institutional capital into the ecosystem, as it adds an extra layer of security by providing fast and predictable liquidations, thereby reducing systemic risk and aligning with the risk-averse nature of large institutions.
2025-10-02
app_icon
ChainCatcher Building the Web3 world with innovations.