RedStone launches FIL/USD price feed on Filecoin mainnet
- —Feed refreshes on 0.5% FIL price moves, at minimum every four hours
- —RedStone runs across 110+ chains and secures roughly $4–9 billion in 2026
- —Pyth and Tellor already operate on FVM, making RedStone a third provider
- —Solstice upgrade on October 19 ended Fil+ DataCap subsidies in favor of paid storage
Why it matters: FVM developers gain an alternative FIL price source for lending and derivatives protocols, reducing reliance on a single oracle.
Source: Crypto Briefing