
Get started with Pharos Borrow/Lend on Oku
A guide to using Oku for borrowing and lending on Pharos.
RED is rising today, with a current price of $0.1479. Inversely, this means that $1 buys you 6.763 RED. On Ethereum, RED currently has a market cap of $81.86M, with the price having risen 3.66% in the last 24h. The 24h trading volume sits at $10.41M. The circulating supply is 553.76M RED.
Swappers can swap RED at current market prices on Ethereum today. Furthermore, swappers can bridge RED to and from Ethereum using Oku Bridge.
Use a Web3 wallet like MetaMask, Coinbase Wallet, or WalletConnect to connect to Oku. Make sure you're on the Ethereum network and have ETH for gas fees. Oku will read your wallet balance and display eligible tokens such as USDC, USDT, WETH, that you can use to buy RED.
Navigate to the swap interface and search for Redstone (RED) in the token selector. You can swap any supported token for RED, or bridge and receive RED as your destination address. This option is available on the swap page or the bridge page if you want to bridge RED to or from Ethereum.
Enter the amount of RED you want to receive, review the exchange rate and estimated gas fees, then confirm the transaction in your wallet. Oku's smart routing will find the best price across multiple liquidity pools on Ethereum. Once confirmed, you can monitor the transaction status until it settles on-chain.
Trade, Explore, and learn everything you need to know about RED

A guide to using Oku for borrowing and lending on Pharos.

Welcome to Oku Rewards.

In Part 1 we covered the macro picture - $17 billion in RWAs on Ethereum, $50 billion across chains, and why stablecoins are the foundation of the tokenized economy. Now let's look at what's building on top of that foundation. Because what RWAs are actually trading might surprise you.
Right now 1 Redstone (RED) is worth about $0.1479.
Based on the current rate, you could get 6.763 RED for 1 USD.
Redstone (RED) price has been increasing. Since yesterday, the exchange rate of Redstone (RED) has increased. Since last week, the exchange rate of Redstone (RED) has increased.
You can use our RED to USD calculator at the top of this page to convert any amount of RED to USD. We've also created a couple of quick reference tables for the most common conversions. For example, $5 is equivalent to 33.8135 RED. Inversely, 5 RED will cost about $0.73.
Redstone (RED) is currently available to buy on Oku's decentralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone (RED).
To swap RED on Ethereum, connect your Web3 wallet to Oku and ensure you're on the Ethereum network. Select the token you want to swap from and RED as the token you want to receive. Enter the amount, review the exchange rate, and confirm the transaction in your wallet. Oku's smart routing will find you the best price across multiple liquidity pools.

27 Trade routers, 22 bridges, 1000s of tokens, best price every time.
Why swap anywhere else?
