ChainCatcher news, tokenization company Securitize announced the selection of RedStone as the oracle for on-chain funds such as Apollo and BlackRock, providing price information and other data for smart contract systems that rely on off-chain information.

ChainCatcher message, Coinbase will add support for RedStone (RED) on the Ethereum (ERC-20 token) network.If liquidity conditions are met, trading will begin on March 12, 2025, at or after 9 AM Pacific Time. Once the supply of the asset is sufficient, the RED-USD trading pair will be launched in phases. In certain supported jurisdictions, support for RED may be limited.

ChainCatcher news, HashKey Global has now launched the RedStone (RED) perpetual contract, supporting up to 20x leverage, providing users with a flexible and efficient trading experience.This contract is a U-based perpetual contract, with the underlying asset being the RED/USDT index, the settlement currency being USDT, the contract value being 1 RED, the minimum price fluctuation being 0.0001, and the funding fee cap being +0.75%/-0.75%. The funding fees are settled every 8 hours, supporting 24/7 uninterrupted trading.In addition, HashKey Global will launch a zero-fee promotion for designated trading pairs starting from January 16, allowing trading with zero fees.

ChainCatcher news, according to official information, the Web3 liquidity infrastructure protocol Orderly has launched the RedStone (RED) perpetual contract, supporting up to 5x leverage.It is reported that Orderly is supported by over 20 professional market makers, including Wintermute and Riverside, providing deep market depth and tight spreads to ensure DeFi users have the best trading experience.Currently, Orderly supports EVM and non-EVM chains including Ethereum, Polygon, Arbitrum, Optimism, Base, Mantle, and Solana.

ChainCatcher message, Binance Wealth Management, one-click cryptocurrency purchase, flash exchange trading platform, leverage, dollar-cost averaging platform, and Binance contracts will launch RedStone (RED). Binance full margin and isolated margin will add RED as a borrowable asset on March 7, 2025, at 00:20 (UTC+8), along with RED/USDT, RED/USDC, and RED/FDUSD full margin and isolated margin trading pairs.

ChainCatcher news, according to the official announcement, Binance Wealth Management, One-Click Buy, Instant Exchange, Leverage, and Contracts will launch RedStone (RED). The specific launch times are as follows: the RED principal-protected earning product will open for subscription on March 7 at 00:00 (Beijing time); Binance Leverage will add RED borrowable assets and RED/USDT, RED/USDC, RED/FDUSD full margin and isolated margin trading pairs on the same day at 00:20 (Beijing time); Binance Dollar-Cost Averaging will open for RED purchases on March 7 at 18:00 (Beijing time).

According to ChainCatcher news, Binance has announced that the trading of RedStone (RED) tokens, originally scheduled to start on March 6, 2025, at 13:00 (UTC), will be postponed to 16:00 (UTC).Previously, Binance suspended the launch of RED token trading due to unexpected last-minute adjustments to RedStone's community airdrop allocation plan. Currently, RedStone has updated its community airdrop allocation plan, which includes the following main points: RedStone originally promised to airdrop 9.5% of the tokens to the community, of which 5% has already been allocated, and the remaining 4.5% will be distributed to users of its partners after 6 months (the list of partners can be referenced in the official announcement from RedStone).

ChainCatcher news, according to official sources, RedStone has announced an immediate change to the RED airdrop selection process and distribution. In the first Miner airdrop, 5% of the total RED supply has been allocated.From now on, RedStone will allocate an additional 2% of the total RED supply from the "ecosystem and data providers" to recognize the contributions of community members who were overlooked in the initial airdrop distribution. The additional recipients will be selected by expanding the eligibility criteria and based on the collected proof of participation. The extra 2% will be available for claiming on March 6, 2025, at 15:00 UTC through the official website.An additional 4.5% of the "community and genesis" tokens will be distributed six months after the TGE, with a formal announcement to be made. Eligible projects will be those that use RedStone price data sources, and the airdrop will be distributed to users of pools protected by RedStone price data sources.

ChainCatcher news, according to an official announcement from Binance, due to the RedStone (RED) project team's sudden change in the community airdrop allocation plan, Binance has suspended the RedStone trading launch originally scheduled for March 6, 2025, at 13:00 (UTC), with the resumption time to be determined.The announcement stated that the RedStone project team originally promised to allocate 9.5% of the total supply to the community airdrop, but has now reduced this percentage to 5%. Binance stated that it is actively negotiating the final details with the project team to ensure the best outcome for users and will provide more information in subsequent announcements.

ChainCatcher news, according to official information, the DeFi oracle RedStone has announced the opening of RED token airdrop claims and staking. Stakers can earn RED rewards and partner incentives, and there are plans to generate real profits from RedStone data users in the future.

ChainCatcher news, according to official information, MEXC has launched RedStone (RED) in the innovation zone on March 6 at 20:10 (UTC+8) and opened the RED/USDT trading market. On the same day at 20:20 (UTC+8), the RED U contract was launched, supporting 1-50x leverage, with both full position and isolated position modes. On March 7 at 18:00 (UTC+8), the RED swap function was launched, allowing users to seamlessly and in real-time exchange with other assets.To celebrate the launch of RedStone (RED), MEXC has launched the Airdrop+ event, with a total prize pool of 300,000 USDT. Event duration: February 26, 2025, 12:00 -- March 19, 2025, 18:00 (UTC+8).

ChainCatcher message, encrypted KOL Ice Frog posted on social media, stating that after the Redstone open airdrop, global community doubts arose due to rule controversies. The main points of contention include:Sudden change in airdrop rules: The project team added "special role" qualification restrictions without prior notice, causing many users who completed hundreds of tasks to lose their eligibility.Imbalance in token distribution: The community estimates that 98% of participants did not receive the airdrop, with only about 4000 actual distribution addresses, which is significantly different from the claimed 10% community distribution ratio.Shrinking task incentives: The project team previously guided users to accumulate points through long-term tasks, but the final airdrop value was far below community expectations.

ChainCatcher news, the DeFi oracle RedStone has launched an airdrop query page, where you can check by entering your wallet address. The airdrop will be available for claiming tomorrow at 20:00.RedStone stated that 48.3% of its RED supply is allocated for ecosystem development, with 10% specifically for community and genesis activities, including this first airdrop, as well as allocations for future participation and ecosystem support.

ChainCatcher news, according to the announcement from Huobi HTX, Huobi HTX has opened the deposit service for RED at 18:00 (GMT+8) on March 5. The RED/USDT spot trading will open at 21:00 (GMT+8) on March 6. The withdrawal service for RED will open at 21:00 (GMT+8) on March 7.It is reported that RedStone is currently the fastest-growing oracle, focusing on providing yield-generating collateral for the lending market, and has secured over $10 billion in assets. RedStone offers a wide range of highly demanded asset data, including LSTs, LRTs, Bitcoin LSTs, etc., bringing richer and safer options to the decentralized finance ecosystem.Previously, the investment department of the global cryptocurrency exchange Huobi HTX, HTX Ventures, made a strategic investment in RedStone Oracles to support the construction of modular DeFi infrastructure.

ChainCatcher news, according to official sources, MEXC will launch RedStone (RED) in the innovation zone on March 6 after meeting liquidity requirements and will open the RED/USDT trading market.The recharge function for RED is now open, and the withdrawal function will be available on March 7 at 20:45 (UTC+8). The flash exchange function for RED will go live on March 7 at 18:00 (UTC+8), allowing users to seamlessly and instantly exchange with other assets.In addition, MEXC will launch the RED U margin contract, which will go live ten minutes after the spot launch, supporting 1-50x leverage, adjustable freely, with both full position and isolated position modes. To celebrate the launch of RedStone (RED), MEXC has introduced the Airdrop+ event, with a total prize pool of 300,000 USDT.Event time: February 26, 2025, 12:00 -- March 19, 2025, 18:00 (UTC+8).

ChainCatcher news, Binance will end pre-trading for RedStone (RED) on March 6, 2025, at 09:00 (UTC) and will open spot trading for RED/BTC, RED/USDT, RED/USDC, RED/FDUSD, and RED/TRY at 13:00 (UTC) on March 6.

ChainCatcher news, according to official information, Coinbase International has announced that it will launch the Redstone (RED) pre-launch market on March 4, 2025, at 3 PM UTC (11 PM Beijing time on March 4).

ChainCatcher news, RedStone (RED) is currently priced at $0.8 in the Binance pre-market, triggering an upward circuit breaker mechanism, which is 400% of the initial opening price of $0.2, and the pre-market price limit will be lifted after 18:00 (UTC+8) on March 3.ChainCatcher previously reported that the Binance pre-market has launched an upward circuit breaker mechanism. The circuit breaker mechanism means that within 72 hours before the market opens, the highest trading price cannot exceed a certain percentage of the opening price. After 72 hours, there will be no restrictions on the trading price, and normal trading will resume. Taking RED as an example, the maximum holding limit for each user before listing is: 5,000 RED. The upward circuit breaker rules are:2025-02-28 18:00 (UTC+8) - 2025-03-01 17:59 (UTC+8): The maximum allowable price limit is 200% of the initial opening price;2025-03-01 18:00 (UTC+8) - 2025-03-02 17:59 (UTC+8): The maximum allowable price limit is 300% of the initial opening price;2025-03-02 18:00 (UTC+8) - 2025-03-03 17:59 (UTC+8): The maximum allowable price limit is 400% of the initial opening price;After 2025-03-03 18:00 (UTC+8): No price limits in the pre-trading market.It is worth noting that this price limit mechanism is only being tested during the issuance of the RED token, and it is currently uncertain whether this feature will become a long-term feature of the future pre-market.