RedStone Brings Real-World Assets to Solana via Drift Integration—Traders Rejoice (Banks Grumble)
Solana’s DeFi ecosystem just got a heavyweight upgrade. RedStone’s oracle solution is now live on Drift Protocol, bridging the gap between crypto and real-world assets (RWAs).
No more clunky wrappers or synthetic approximations—this integration delivers direct price feeds for stocks, commodities, and bonds. Suddenly, that ’decentralized’ portfolio looks suspiciously like your boomer uncle’s 401(k).
The move signals Solana’s relentless push beyond speculative tokens. With RedStone’s battle-tested oracles and Drift’s perpetual swaps, traders can now short Tesla or go long on gold without touching Wall Street’s crusty infrastructure.
Another win for on-chain finance? Absolutely. Another headache for legacy gatekeepers? Even better.
Solana’s role in DeFi
Solana’s low-cost, high-throughput infrastructure positions it as a logical host for real-world financial products.
With RedStone’s oracles now feeding secure, attested data from Wormhole Queries, developers can begin building DeFi products tied to off-chain assets with stable yields.
The move follows RedStone’s earlier RWA integration on Polygon with Morpho, where an ACRED-backed vault went live. The Solana rollout could accelerate similar launches, expanding access from institutional desks to retail users.
The integration is also seen as a case study for how oracle networks and tokenization standards can make RWAs more than a narrative — enabling real, yield-driven use cases in DeFi.