RedStone launches HyperStone oracle to power permissionless markets on Hyperliquid
RedStone launched HyperStone, a dedicated oracle, to provide fast, reliable price feeds for permissionless derivative markets on Hyperliquid's HIP-3 framework.Summary
RedStone, a decentralized oracle network, has introduced HyperStone, a specialized data oracle designed to support Hyperliquid's HIP-3 framework, which enables developers to launch perpetual contracts on virtually any asset without gatekeepers.
HyperStone will serve as the data backbone for these HIP-3 markets, ensuring fast, accurate, and secure data feeds, which is critical since these markets rely entirely on external oracles for pricing accuracy, unlike Hyperliquid's native validator-secured markets. Marcin Kaźmierczak, co-founder of RedStone, emphasized that HyperStone ensures freedom for builders while maintaining data integrity.
The infrastructure has been live on testnet for over 60 days, successfully supplying over 103 million data updates. This launch aligns with RedStone's broader expansion in the Hyperliquid ecosystem, where it already secures nearly 99.5% of the oracle-protected value on HyperEVM and provides the official price feed for Hyperliquid's stablecoin, USDH.
(Source：The Block)