Huobi HTX has opened the RED (RedStone) deposit service today at 18:00 and will jointly launch the RED/USDT trading pair on March 6

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.