RedStone Becomes The Official Oracle Provider For Kraken’s L2 Ink

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Built in under 48 hours. Chosen for the long term. RedStone has been selected as the official oracle for the Ink ecosystem, powering Tydro, Nado, and Kraken-native assets.

Key Results

Over 10 million Kraken exchange users can now benefit from RedStone-powered oracle infrastructure on Ink.

< 48 hours Deployment time of all production push feeds live on Ink from first contact, and completed Tydro’s full security assessment process.

0 Bad prices pushed onchain during the incident. Zero user positions impacted.

21 Push feeds deployed on Ink, with further expansion already in development.

200+ Protocols powered by RedStone across DeFi and institutional deployments.

0 Mispricing incidents across all RedStone deployments, ever.

Partner Perspective

“Ink is building for a future where onchain finance includes far more than standard crypto markets. That requires infrastructure partners who can move quickly, support specialized assets, and operate reliably at scale.” – Ink

“Tydro required an oracle partner that could move extremely quickly without compromising on security standards. RedStone demonstrated that during a critical moment for the ecosystem. As the protocol expands into more diverse markets and assets, flexible oracle infrastructure becomes increasingly important.” – Tydro

From Emergency Deployment to Ecosystem Standard

On May 4, Tydro, Ink’s main DeFi protocol, temporarily paused all markets after its previous oracle provider was attacked in a way that showed nation-state-level tactics. No incorrect prices were pushed onchain, and no user positions were affected. The incident raised an urgent question: which oracle infrastructure could step in quickly, meet top security standards, and be ready for production in hours instead of weeks?

RedStone provided the answer. In less than 48 hours from first contact, all needed push feeds were live on Ink, and RedStone passed Tydro’s full security assessment. What started as an emergency response evolved into something more significant: a long-term contract as the official oracle provider for the Ink ecosystem.

“Incidents like this are where infrastructure providers prove themselves, and I’m proud that our team moved at the pace Ink required without compromising on security or reliability at any stage. Kraken is building toward a much broader onchain economy, tokenized assets, exchange-native products, and entirely new market categories that require oracle infrastructure built for both flexibility and scale. We’re excited to help power that next phase of growth for their ecosystem.”

– Marcin Kazmierczak, Co-Founder of RedStone

The signed contract now covers support of price feed for Tydro’s new and additional markets and extends to the wider Ink ecosystem, including integrations for lending, risk infrastructure, and Kraken-native assets.

What Ink Is Building and Why the Oracle Layer Matters

Ink, built by Kraken, is bringing over 10 million exchange users onchain through a growing network of DeFi applications, tokenized assets, and exchange-native financial products.

This scale brings infrastructure needs that go well beyond standard oracle setups. Protocols in the Ink ecosystem need more than just BTC and ETH price feeds. They require support for new market categories, Kraken-specific assets, tokenized products, and assets that need faster deployment than older oracle providers can offer.

This is exactly where the RedStone model excels.

RedStone’s infrastructure offers rapid deployment, a modular oracle design, and strong support for emerging and non-standard asset types. This includes real-world assets, exchange-native tokens, and structured financial products that need more than a basic data feed.

Expanding Across the Ink Ecosystem

The Tydro integration is just the beginning, and the broader ecosystem buildout is already in progress.

Nado, the second major application in the Ink ecosystem, incorporates RedStone Live feeds, expanding its coverage with new RWA markets. As Nado expands its market coverage on Ink, the team needed infrastructure that could support market categories often missed by traditional oracle setups.

“As we expand Nado’s market coverage on Ink, we need infrastructure that can support markets that traditional oracle setups often overlook. RedStone gives us much more flexibility around the types of assets and products we can bring onchain as user demand grows.” – Nado

RedStone Live is a real-time data layer built for markets that need ultra-low latency and continuous feeds for assets and products, where outdated data can be costly. Nado’s integration is the next big step for the ecosystem, with more partnerships already being developed.

Beyond Nado, RedStone is also set to support Kraken ecosystem-specific assets, including new tokenized products and xStocks infrastructure that need custom oracle support and faster deployment than traditional providers can offer. RedStone is also working with partners on future infrastructure for Credora risk ratings and institutional-grade risk tools on Ink, expanding the RedStone Stack further into the ecosystem.

The Infrastructure Behind the Numbers

RedStone now powers oracle infrastructure for over 200 protocols in DeFi and institutional blockchain environments, including lending markets, perpetuals, stablecoins, real-world assets, and tokenized financial products. Across all these deployments, there have been zero mispricing incidents.

This track record is no accident. Each price update is gathered from several independent data sources, checked for outliers, and cryptographically signed before being delivered. Applications using RedStone feeds can verify where the data comes from onchain, which is crucial for any protocol that relies on data integrity.

In the Ink ecosystem, this reliability is matched by the deployment flexibility needed for Ink’s growth. As the ecosystem adds more diverse market categories, the oracle layer must keep up with product development. That’s exactly what RedStone is designed for.

What Comes Next

The Tydro partnership is now live, and Nado’s integration is the next big milestone. The Ink ecosystem is still in the early stages of building the onchain financial infrastructure that Kraken envisions.

For protocols building on Ink that need oracle coverage for markets, assets, or products that require speed, customization, or special deployment support, RedStone is the right choice.

When it mattered most, the feeds went live in just 48 hours. That’s the speed and reliability we aim for, and the standard Ink will keep relying on for future markets.

TL;DR

  • On May 4, Tydro paused all markets after its then-oracle provider was targeted by a nation-state-level attack.
  • RedStone was brought in as emergency infrastructure. All production-ready push feeds went live on Ink in less than 48 hours, and the full security assessment was passed.
  • RedStone is now the official oracle provider for the Ink ecosystem, covering Tydro’s new and additional markets, Nado through RedStone Live, Kraken-native assets like xStocks, and planned Credora risk infrastructure on Ink.
  • Across more than 200 protocol deployments, RedStone has never had a mispricing incident.
  • The Nado integration is the next big rollout for the ecosystem, and more partnerships are already being developed.

About RedStone

RedStone is a leading blockchain oracle provider delivering fast, gas-efficient, and cross-chain data feeds to power DeFi protocols and institutional applications. As the oracle of choice for real-world asset tokenization, including BlackRock’s BUIDL fund and European treasury assets via Spiko, RedStone bridges traditional finance with onchain infrastructure. RedStone offers the industry standard for secure pricing and quality support, serving as the market leader for emerging ecosystems and institutional use cases.

Learn more at redstone.finance