RedStone Push Oracle Launches on GIWA Testnet: Revolutionary Step for DeFi Developers
On November 19, 2025, RedStone made headlines with its ground-breaking announcement on social media platform X: the deployment of its first Push oracle model on the GIWA Layer-2 public testnet. This move marks a significant milestone in the evolution of decentralized finance (DeFi) by providing high-security, low-latency price feeds tailored for developers building on Upbit’s GIWA network.
What is GIWA and Why It Matters?
The GIWA network, designed on Ethereum’s Optimism OP Stack, is a Layer-2 blockchain explicitly crafted “by builders, for builders.” It aims to simplify scalability challenges by handling more transactions, reducing gas fees, and boosting application speeds. This network opens up vast opportunities for large-scale DeFi use cases, catering to both individual users and major corporations.
The Power of RedStone’s Push and Pull Feeds
With the GIWA testnet now live, RedStone has introduced Push feeds alongside its existing suite of over 300 Pull feeds. These tools provide pricing data across blue-chip digital assets like ETH/USD and BTC/USD, as well as stablecoins, restaked Ethereum derivatives, tokenized real-world assets (RWAs) such as gold and forex, and other financial instruments.
The fusion of Push and Pull feed models allows developers to create innovative and secure DeFi applications, including liquidation mechanisms, on-chain accounting systems, and pricing-sensitive smart contract logic. RedStone’s decentralized oracle infrastructure promises deterministic and verifiable price data, reliability, and low latency essential for high-stakes applications.
RedStone’s Vision: Supporting South Korean Builders
South Korea stands out as one of the most active markets for cryptocurrency and blockchain development. RedStone has strategically increased its footprint in the region, not only deploying cutting-edge solutions but also engaging directly with local developers and attending major industry events like Korea Blockchain Week. Leveraging its ethos of “by builders, for builders,” RedStone delivers white-glove technical support, collaborating closely with development teams to ensure seamless and optimized integration of its price feeds.
Marcin Kaźmierczak, RedStone’s COO, underscores the importance of strong oracle infrastructure for the rapid growth of the blockchain ecosystem. Beyond technology, developers benefit from hands-on assistance in implementing RedStone tools, refining their projects faster with trusted oracle services.
DeFi Developers: Redefining the Future of Blockchain
RedStone’s dedication to supporting GIWA developers positions the project as a leader in providing dependable oracle services. GIWA developers are now equipped with robust infrastructure to build liquidation engines, risk management tools, and secure smart contracts that prioritize performance and security. The integration seamlessly aligns with future-oriented demands, allowing DeFi apps to scale effectively in a burgeoning crypto market.
The announcement also boosted market confidence, with RedStone’s native token RED rising by 0.8%, trading at $0.2735 shortly after the news. With the growing adoption of Layer-2 technology and decentralized price feeds, RedStone is poised to enable the next generation of DeFi projects both in South Korea and globally.
Feature Product Recommendation for Blockchain Developers
Looking for a blockchain development toolkit to take advantage of RedStone feeds? Check out Alchemy, a powerful blockchain developer platform. With its easy-to-use APIs and comprehensive resources, Alchemy simplifies integration with Layer-2 networks like GIWA. Learn more at Alchemy’s official website.
Stay tuned as RedStone continues to expand its oracle offerings, shaping the future of DeFi innovation.