Is RedStone (RED) halal or haram?
Not screened yet
We have not run our Shariah screening on RedStone yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
RedStone Is The Fastest Growing oracle, specialising in yield-bearing collateral for lending markets and securing $10bn+ .
The basics
- Where it lives
- token on ethereum (also on base)
- Circulating supply
- 520,552,264 RED
- Maximum supply
- 1,000,000,000 RED
- Category
- Infrastructure, Oracle, Binance Launchpool
Who controls the coins
Read from the token's verified contract on Ethereum (0xc43c6bfeda065fe2c4c11765bf838789bd0bb5de) on 2026-09-22: it has mint (capped, held by a 3-of-5 multisig wallet (0x5754…b397)); what these allow is checked at screening. The same coin is deployed on other chains: on Base (0x4eb92702ba4cfbf80561bad64d89c706ac824960), setMinter lets a 3-of-5 multisig wallet (0x5754…b397) appoint any address to create new tokens, with no cap in the code. Whether those are the project's own copies or an unrelated bridge's is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 22 September 2026. Every address above was fetched once to confirm it loads.