We scored many projects this week. Here are a few you should know about:
- RedStone
- StarPower
- Dinari
- Electron
- Beacon Protocol
Please remember that some of these projects still need our code review process. Still, we want to call them out here because they preliminarily caught our eye based on our fundamental analysis process.
Redstone – 73.33%
Website | X(Twitter)
Sector – Oracle
Status – Active
RedStone is a modular blockchain oracle that provides fast, reliable, and customizable data feeds for EVM and non-EVM decentralized applications (dApps) and blockchains. It functions across over 70 blockchain networks and supports over 1,250 assets, including mainstream tokens and niche categories like Liquid Restaking Tokens (LRTs), Bitcoin DeFi derivatives, and Real World Assets (RWAs). Utilizing a scalable and cost-effective modular architecture, it addresses the critical need for accurate and real-time data by employing multi-layered validation and distributed nodes to enhance trust and efficiency.
Features
- Modular Architecture: It separates data collection from data delivery, creating a flexible system that allows the same price feeds to be deployed to any supported chain without deploying new nodes for each integration.
- Dual Data Delivery Models:
- Pull: Integrates data directly into user transactions, achieving low latency and high gas efficiency.
- Push: Implements a customizable off-chain relayer to update on-chain contracts under preset conditions. Supports the Chainlink Price Feed interface.
- Hybrid—ERC7412: This method combines the benefits of both pull and push methods, allowing dApps to trigger price updates automatically when data becomes stale.
- Data Aggregation & Validation: This process utilizes data from over 150 sources, including centralized exchanges, DEXes, aggregators, and institutions. It then applies multiple layers of anomaly detection, cross-source variance checks, and cryptographic attestations to keep the overall feed accurate.
- Customizable Data Feeds: Unlike traditional oracles, RedStone lets developers tailor data feeds to their specific needs, providing flexibility to builders to create better, more efficient dApps.
- Security and Reliability: The system features distributed nodes that independently verify data integrity and multiple redundant backup systems that ensure continuous operations even during partial outages. Since its inception, the system has had zero mispricing incidents.
Token
The $RED token powers RedStone’s ecosystem with a total supply of 1 billion. It facilitates staking to secure the network through RedStone’s EigenLayer Actively Validated Service (AVS), rewarding stakers with ETH, BTC, SOL, and USDC.
At the Token Generation Event (TGE), 28% circulating, while the remaining 72% will be unlocked gradually over 4 years. This vesting schedule supports long-term stability, and the token’s flywheel mechanism ties increased data usage to higher protocol revenue and staking rewards, reinforcing network security and participation.
Investors
RedStone has secured $22M through four funding rounds, with its most recent Series A round in July 2024. Institutional investors like Arrington Capital, The Spartan Group, Coinbase Ventures, and notable angel investors back the project.
StarPower – 70.95%
Website | X(Twitter)
Sector – DePIN + DeSci
Status – Active
StarPower is a decentralized energy network (DePIN) that aims to connect various energy devices, such as air conditioners, EV chargers, and batteries, to improve energy efficiency and reduce costs. It uses blockchain technology for secure data management, AI for optimizing device operations, and IoT for device connectivity. The project addresses the problem of inefficient energy use by coordinating devices to save on bills and lower the carbon footprint, promoting a zero-carbon world through a global network.
All energy-consuming home appliances can be connected to StarPower through hardware or software integration, and users can earn $STAR in rewards. These distributed resources create a network effect, enabling applications such as virtual power plants, demand response, energy efficiency optimization, and energy data monetization.
Features
- Global Network of Energy Devices: This network aggregates energy devices worldwide, including residential, commercial, and industrial. It integrates into a unified network and ensures a reliable energy supply. The network supports third-party energy device integrations and also has proprietary energy devices and services:
- Starplug: A smart plug that enables users to connect their home appliances to the StarPower network, with real-time energy consumption monitoring and remote control access.
- Starbattery: A home energy storage solution that stores excess energy generated from renewable sources like solar panels, and seamlessly integrates with the local grid.
- Starcharger: It is an electric vehicle charger that integrates with the network and ensures that the vehicle is charged during off-peak hours, leveraging lower electricity rates and reducing the load on the grid.
- Starpower dApp: A platform that connects various energy devices into a unified network, and facilitates seamless exchange of energy data and resources between devices.
- Consumer Energy SaaS: A consumer tool that provides insights on managing and optimizing energy usage. Includes real-time monitoring, energy usage analytics, and personalized recommendations for improving efficiency.
- Efficient Energy Management: Done through the use of advanced Distributed Energy Resource (DER) hardware provided by StarPower. Active Virtual Power Plants (VPP) nodes manage and store energy in real-time, optimizing the use of stored energy.
- Demand Response: This technology connects energy devices to local VPP service providers participating in grid demand response programs, balancing supply and demand to enhance grid stability.
Token
The $STAR is the native utility token of the StarPower network with a total supply of 1 billion. The token is used to purchase call services for DER aggregated by the StarPower network. The incentives provided by $STAR encourage more DERs to connect to the network, facilitating the realization of virtual power plants and other energy internet markets.
Investors
The StarPower team has raised $4.5M across two funding rounds. The first was a $2M Pre-Seed in June 2024 from Alliance DAO, Arweave, IoTeX, Bas1s Ventures, and others. The second round was $2.5M in January 2025, led by Framework Ventures and featuring participation from Solana Ventures and Bitscale Capital.
Dinari – 68.57%
Website | X(Twitter)
Sector – RWA
Status – Active
Dinari is a platform that creates dShares, blockchain-based tokens each representing one share of a US stock or ETF. These ERC-20 tokens are backed 1:1 by the actual assets, ensuring users can hold and trade them on multiple blockchains. This solves the problem of accessing traditional financial markets in a decentralized way, with the platform maintaining transparency through automated systems to ensure each token is always backed.
Dinari is a U.S.-based registered SEC transfer agent that provides access to 100+ assets via API or on five blockchains: Ethereum, Arbitrum One, Base, Blast, and Kinto. Dinari token holders can also receive dividends and distributions.
Features:
- Automated Backing: Ensures each token is always backed by the corresponding asset through automated operators rebalancing vault accounts, with random third-party audits.
- Transparency: Real-time balances of proof of reserves are published and accessible on the transparency page, enhancing trust.
- Decentralized Trading: Tokens can be traded on the blockchain, are compatible with decentralized finance applications, and are supported for all order types, such as market buy/sell and limit orders.
Investors:
The Dinari team has raised $10M across two funding rounds. The first was a $7.5M seed round in August 2023 from Balaji Srinivasan, 500 Global, Version One, Third Kind Venture Capital, and Sancus Ventures. The second was a $2.5M round in January 2024 from Alchemy and several previous investors.
Electron
Website | X(Twitter)
Sector – ZK Proof Aggregator
Status – Active
Electron is a blockchain infrastructure project focused on creating a universal proof aggregation layer called Quantum for Ethereum. It uses zero-knowledge (ZK) recursion to combine proofs from various protocols into a single “Superproof”, reducing verification costs by up to 95%. This addresses the high cost and complexity of on-chain proof verification for rollups, AI dApps, and zkApps, making frequent settlement more practical and scalable. Electron has the potential to unlock widespread adoption of zk-enabled protocols by slashing verification costs and fostering innovation in proving schemes.
Features
- Cost Efficiency: The verification cost for each protocol scales inversely with the number of protocols, enabling affordable proof verification even at high submission frequencies.
- Flexibility in Proving Schemes: Electron decouples verification costs from specific proving schemes, allowing protocols to select the scheme best suited for their needs without cost penalties.
- Scalability: Electron enhances Ethereum’s capacity as a global settlement layer by amortizing verification costs and supporting high-frequency proof submissions.
Investors
The Electron team has raised $2M in two rounds so far, and they have an upcoming ICO on the Legion platform to raise $1M. The first was a $1M seed in May 2024 from Zephyrus Capital, Founderheads, Interop, LambdaClass, Blue7, and others. The second was a strategic investment by Stake Capital Group in February 2025.
Beacon Protocol – 68.10%
Website | X(Twitter)
Sector – AI Data
Status – Testnet
Beacon Protocol focuses on decentralized data ownership, and aims to create a future where individuals are paid when AI uses their data. They are opening new private data sources to AI while ensuring privacy and redistributing incentives, bringing onchain orchestration controls to off-chain private data for safe and equitable use by AI.
Beacon Protocol addresses the problem of data exploitation by large tech companies, where users often lose control and compensation for their data. The solution involves a decentralized data management platform, ensuring users can share data with AI models while maintaining privacy and earning rewards.
Features
- Decentralized Data Ownership: Users can control their data and decide how it is used. Onchain records create user provenance and global data control.
- Data aggregation across dApps, DePINs, gaming, social, browsers, and more.
- Privacy-Preserving Data Sharing: The protocol ensures that data is shared in a way that maintains user privacy, through implementation of ZK or FHE, making data AI ready.
- Compensation for Data Usage: Users are paid when their data is used by AI applications, so economics flow back to data producers, dApps, and the ecosystem.
