I have to admit that RWA has been extremely popular in recent months, with countless Web2 bosses in Hong Kong lining up to put their unsellable junk on the blockchain. Of course, this has also led to a large number of intermediaries of varying quality trying to make a quick buck.
I've also seen a lot of decks, but in terms of form, they mostly focus on the "issuance and on-chain" of assets. Regardless of what specific hype they are promoting, the core is the same gameplay.
Recently, I discovered that the oracle I've been following, @redstone_defi, on Solana has demonstrated a new development direction for RWA:
Instead of creating new assets, it adjusts the input structure of DeFi protocols to traditional financial derivatives.
Specifically, it involves integrating @DriftProtocol with RedStone's RWA oracle, which means that on-chain yield strategies are no longer limited to crypto assets. Data from traditional financial instruments like treasury bonds and credit products can also start serving as price bases.
Applying macro-financial analysis methods, this represents a fundamental change in the supply side of DeFi protocols.
Drift is particularly crucial in this integration. As one of the most active perpetual trading platforms on Solana, Drift can be understood as a trading system where composability and high frequency coexist.
After integrating the RWA price feed provided by RedStone, Drift may potentially launch derivative contracts based on actual credit spreads or T-Bill yields in the future. Traders can gain exposure to risks similar to real financial markets without leaving the chain.
The marketing significance of this update is the least noteworthy; more importantly, the product structure richness and competitiveness of DeFi protocols have been greatly enhanced. In the future, as more traditional financial product data is integrated into DeFi protocols through RedStone, more interesting chemical reactions may occur.
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