PANews reported on March 5 that according to the announcement of Huobi HTX, Huobi HTX will open the deposit service of RED at 18:00 (GMT+8) on March 5. RED/USDT spot trading will be opened at 21:00 (GMT+8) on March 6. RED withdrawal service will be opened at 21:00 (GMT+8) on March 7.

It is reported that RedStone is the fastest growing oracle, focusing on providing collateral that can generate income for the lending market, and has provided security for assets worth more than $10 billion. RedStone provides widely demanded data on various assets, including LSTs, LRTs, Bitcoin LSTs, etc., bringing richer and safer options to the decentralized financial ecosystem. Previously, HTX Ventures, the investment arm of the global cryptocurrency exchange Huobi HTX, made a strategic investment in RedStone Oracles to support the construction of modular DeFi infrastructure.