RedStone has launched a new oracle service called RedStone Bolt, designed to provide near-instant price updates to decentralized applications.
The product is live on the MegaETH testnet and is designed specifically for blockchains that process data at high speeds, like MegaETH, which targets 100,000 transactions per second, according to a note shared with crypto.news.
Oracles are tools that send real-world data, like asset prices, onto blockchains, where smart contracts can use them to execute decisions. Many existing oracles use a slower, “pull” model where smart contracts request data.
RedStone Bolt uses a “push” model that sends updates automatically and faster, reducing the delay between market price changes and when they show up on-chain.
Real-time performance data
Bolt is built for real-time performance. It can update price data every 2.4 milliseconds, compared to the 10-second intervals in RedStone’s (RED) existing feeds. This speed is necessary for new blockchains like MegaETH, where blocks are created every 10 milliseconds.
Because RedStone Bolt uses the push model, it can work with many existing DeFi protocols without requiring them to change their code or go through new audits.
The system streams data directly from centralized exchanges, aggregates it, and delivers it on-chain almost immediately. This is meant to support DeFi apps that rely on up-to-date pricing to avoid risks like flash loan attacks or incorrect liquidations.
RedStone Bolt is available now on the MegaETH testnet. Developers building on the chain can test real-time data flows and begin integrating the oracle without additional engineering work.
