$FRANK
StableSnapshot Window: 2026-09-04 18:10 UTC · ← Back to Crypto Overview
Social Momentum Summary
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
RedStone is expanding its data layer into some of the hardest RWAs to price on HIP-3: + Pre-IPO equities like Anthropic + Traditional equities with perps trading 24/7, like SNDK For context, HIP-3 lets teams stake HYPE and launch their own perps, but deployers must bring their
AI visual note: The image is an infographic titled "Entropy's HIP-3 Pricing Stack" that illustrates a three-tier pricing framework for hard-to-value RWAs on Hyperliquid's HIP-3 system: assets without clean quotes (e.g., Anthropic pre-IPO and SanDisk/SNDK at 65H/24h) feed into a central "Pricing Layer" anchored by RedStone, which uses a feed combining many off-market sources with 24/7 coverage and Entropy's own order book to produce a depth-weighted mark price (e.g., "$100 or $12.0") reflecting real trades versus the order book.