RedStone Adds Stellar Price Oracles After $10M Exploit Highlights Risk
Oracle provider RedStone announced live price feeds on the Stellar network, a move timed after a recent $10 million exploit that underscored oracle risk in cross-chain and DeFi setups. The new feeds aim to serve Stellar’s expanding experiments with lending markets and tokenized assets by providing on-chain price data tailored to the network’s architecture.
Bringing native oracle support matters because reliable price inputs are central to margin calculations, liquidations and asset tokenization; having a dedicated feed on Stellar can reduce dependence on brittle cross-chain relays and lower some manipulation vectors. That said, RedStone’s deployment won’t eliminate protocol risk — projects and auditors will still need rigorous monitoring, multi-source validation and fast incident response to prevent future losses as builders scale on XLM.