RedStone Launches HyperStone for Hyperliquid’s HIP-3 Framework

RedStone has launched HyperStone, a dedicated data oracle supporting Hyperliquid’s HIP-3 framework, enabling decentralized, permissionless perpetual contract markets for various assets, after extensive testnet trials.

This initiative enhances the DeFi ecosystem by improving data accuracy and market efficiency, potentially increasing adoption and utilization across cryptocurrencies and tokenized assets.

HyperStone: RedStone’s Leap into DeFi Derivatives

RedStone’s new HyperStone supports Hyperliquid’s HIP-3, enabling permissionless derivatives markets. The oracle provides speedy and reliable price data for ETH, BTC, and TSLA test markets. RedStone has been significantly integrated with the Hyperliquid ecosystem, enhancing interactions within decentralized finance.

The introduction of HyperStone changes the landscape for developers, allowing the creation of perpetual contracts. This capability covers virtually any asset, from cryptocurrencies to tokenized stocks and real-world data. RedStone’s integration marks a significant step in its broader DeFi strategy.

Market reactions include acknowledgment of RedStone’s 99.5% value protection on HyperEVM, as stated by CEO Jakub Wojciechowski. No notable comments from major KOLs yet, but the development sparks interest among DeFi stakeholders.

RedStone’s Innovations Signal Potential DeFi Growth

Did you know? RedStone’s robust integration strategy aims at securing a substantial market share in the DeFi ecosystem, exemplifying historical trends of increased token adoption following significant infrastructure upgrades.

According to CoinMarketCap, Ethereum (ETH) is currently priced at $3,346.03 with a market cap of $403.86 billion, holding 11.80% market dominance. Over the past 30 days, ETH shows a decline of 28.09%, reflecting broader market volatility as of November 5, 2025.

The Coincu research team highlights RedStone’s innovation as a potential indicator of increased token value and adoption. With the new focused market strategies, HyperStone’s deployment could positively influence DeFi advances across the blockchain sector.