HyperLend, a lending platform built on the Hyperliquid EVM, has integrated RedStone’s modular oracle protocol to ensure reliable price feeds for its operations. This integration allows HyperLend to securely utilize accurate data from RedStone, contributing to its smooth operation. 4 1/2-year veteran, HyperLend is based on Aave (AAVE), adapted for the Hyperliquid ecosystem. Its features cater to traders and market makers with real-time leverage, dynamic interest rates, and deep liquidity. The project officially launched on March 24th and has integrated RedStone’s oracle feeds from day one. 4Redstone, a provider of modular oracle solutions, continues to bolster DeFi lending protocols. This recent integration follows previous partnerships with Venus Protocol, Morpho, Fraxlend, Lombard, ZeroLend, DeltaPrime, and most recently Spark Protocol. The RED token has surged 12% in the past 24 hours, currently trading at $0.36. The token experienced a notable increase after the DRILL program’s launch but has since entered a downtrend, with recent support at $0.50 broken. A new support level emerged around $0.30. Source: crypto.news