TL;DR:
- RedStone launched Dwell, a real-time knowledge streaming service for real-world asset markets and cryptocurrencies.
- The service operates 24/7, options institutional-grade sources and cryptographic signing on each replace, stopping inaccurate value occasions and downtime.
- RedStone Dwell targets perpetual DEXs, artificial asset platforms and danger engines that require configurable, low-latency feeds.
RedStone launched Dwell, a service for real-time market knowledge streaming designed for DeFi protocols that function across the clock. The product delivers feeds protecting U.S. and worldwide equities, commodities, currencies, indices and cryptocurrencies through a WebSocket connection or instantly on-chain.
There’s a structural downside the group defines as “the fastened menu”: the present off-chain knowledge infrastructure was constructed for a monetary universe dominated by three or 4 large-scale exchanges, with closed catalogs and no actual customization mechanisms. When a builder wants a feed that’s not obtainable, the standard response is to attend, negotiate for months, or go with out the asset. For RedStone, the best price of a inflexible supplier will not be the subscription, however the product that was by no means constructed as a result of the feed didn’t exist.
RedStone Breaks the Structural Rigidity of the Market
RedStone Dwell permits growth groups to weight their most popular sources, request new belongings on demand and prolong feeds with contextual knowledge past value, reminiscent of market hours, session knowledge and supplementary references. Including a brand new asset is, in line with the corporate, a configuration change, not a governance marketing campaign.
A central technical element is the protection of conventional belongings outdoors buying and selling hours: RedStone Dwell retains feeds energetic throughout the hours when TradFi markets are closed by drawing knowledge from perpetuals markets, one thing most suppliers don’t supply.
Each value replace is verifiable. The cryptographic signing structure permits any downstream system, from a liquidation engine to a settlement layer, to affirm the origin of the information earlier than appearing on it.
The protocol demonstrated the power of its proposition with operational metrics: over $6 billion in whole worth secured throughout greater than 100 chains, recording zero inaccurate value occasions and nil downtime throughout all crucial integrations up to now.
