The Sui blockchain has strengthened its Bitcoin DeFi (BTCfi) ecosystem by integrating RedStone, a leading cross-chain data oracle. RedStone, trusted by over 140 DeFi protocols, now provides real-time, accurate Bitcoin price feeds on Sui, enhancing liquidity and enabling more efficient lending, borrowing, and staking products.
With this integration, platforms like Scallop, Navi, and Suilend can offer enhanced Bitcoin-based financial services. The move also supports Sui’s broader BTCfi expansion, following its Bitcoin staking launch via SatLayer in December.
RedStone’s founder, Jakub Wojciechowski, praised Sui’s security and scalability, while Sui Foundation’s Managing Director, Christian Thompson, highlighted the importance of reliable price data in unlocking Bitcoin’s financial potential.
This integration further cements Sui as a key player in Bitcoin DeFi innovation.
