Redstone has officially launched on Solana, expanding its modular oracle infrastructure with Wormhole Queries to deliver fast, reliable price feeds for both traditional and crypto assets to Solana developers, with a special focus on real-world assets (RWAs) through its partnership with Securitize. This brings institutional-grade tokenized assets like Apollo’s ACRED and Blackrock’s BUIDL directly into Solana’s high-performance DeFi ecosystem.
Powering RWA Adoption with Wormhole Queries
RedStone’s expansion to Solana utilizes Wormhole Queries to bridge the traditional finance gap, providing instant, verified access to cross-chain data. Wormhole Queries provides the most robust, reliable Solana data source in the blockchain industry, allowing developers to use highly attested Solana account and PDA data on-demand with the full security guarantees of the Wormhole Guardian network.
Each query has thirteen independent cryptographic signatures verifiable on remote chains, allowing developers to securely launch onchain features leveraging data from Solana without the need to redeploy their infrastructure. This allows Solana developers to integrate secure, composable price feeds for RWAs without the traditional overhead of onchain transactions.
The integration also involves leading Solana protocols Kamino and Drift, which are incorporating RedStone’s oracle feeds. This opens the door for DeFi applications involving over $20 billion in tokenized assets that were previously inaccessible to Solana users.
Accelerating RWA Growth on Solana
Queries are supported on over 35 chains, designed for mission critical applications to access low-latency, verifiable data with institutional-grade security assurances. Because of this, RedStone’s expansion to Solana marks a major step forward for RWAs in the ecosystem. The combination of Securitize’s $20 billion in tokenized assets, RedStone’s oracle technology, and Wormhole’s cross-chain infrastructure opens new opportunities for institutional adoption. Securitize, which works with asset managers like BlackRock, Apollo, and VanEck, now counts over $3.6 billion in tokenized AUM.
With Solana’s high-throughput and low-fee infrastructure, coupled with RedStone’s oracle feeds and Wormhole’s cross-chain capabilities, the stage is set for RWA-powered DeFi to scale effectively across the blockchain space.
Get Started with RedStone Price Feeds using Wormhole Queries on Solana
To learn more about integrating RedStone’s price feeds on Solana, visit the RedStone docs here.
To learn more about Wormhole Queries, visit the Wormhole docs here.
About Wormhole
Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 30 of the leading blockchain networks, enabling use cases that span DeFi, NFTs, governance, and more.
The wider Wormhole network is trusted and used by teams like Circle and Uniswap. To date, the platform has facilitated the transfer of over 50 billion dollars through over 1 billion cross-chain messages. To learn more about Wormhole, follow on X, join the Discord, or read more on the blog.