RedStone Oracle: Powering TON’s DeFi Ecosystem and Enabling Cross-Chain Interactions

RedStone, a leading oracle provider in the blockchain space, has been a key player in supporting the growth of TON Blockchain's decentralized finance (DeFi) ecosystem for over a year. By offering a suite of more than 150 price feeds in the Pull Model, RedStone has empowered various DeFi projects to scale, innovate, and deliver reliable data to their users.

Supporting TON’s DeFi Projects

RedStone’s impact on the TON ecosystem has been substantial, particularly through its role in supporting major liquid staking protocols such as Tonstakers and bemo. These protocols, among others, rely on RedStone’s accurate and decentralized data feeds to operate smoothly and securely. Additionally, RedStone has played an instrumental role in powering DeFi innovators like EVAA and Factorial, helping these projects access real-time price information that is critical for their operations.

Through its work with these projects, RedStone has solidified itself as a trusted partner in the TON DeFi space, providing reliable data infrastructure that enables developers to focus on creating cutting-edge decentralized applications (dApps).

Expanding to Cross-Chain Interactions

As the DeFi space continues to grow, RedStone is taking its commitment to innovation a step further. Moving forward, the oracle provider will partner with TAC (TON and EVM Cross-Chain), a project designed to bridge the gap between the TON Blockchain and Ethereum Virtual Machines (EVMs). This collaboration will open the door for cross-chain interactions, enabling seamless dApp integrations across both ecosystems.

By facilitating interoperability between TON and EVM-compatible chains, RedStone will help unlock mass adoption of decentralized applications (dApps) and drive further innovation in space. Cross-chain interactions are critical for the future of DeFi, and RedStone’s contributions will ensure that developers can create frictionless experiences for users, regardless of which blockchain they use.

A Vision for the Future

RedStone’s ongoing efforts to support the TON Blockchain and expand its ecosystem are a testament to its dedication to driving the growth of decentralized finance and cross-chain interoperability. As the DeFi space continues to evolve, RedStone’s solutions will be at the forefront of enabling seamless integrations, empowering developers, and helping the community achieve its vision of a fully decentralized and interconnected world.

To learn more about RedStone and its oracle services, visit RedStone’s website.