RedStone prices $170M FalconX credit vault on 3 chains
RedStone has launched price feeds for a FalconX private-credit vault holding more than $170 million in exposure across Monad, Plume and MegaETH. SummaryRedStone distributes the FalconX vaults signed NAV from Ethereum to three additional networks.AA_FalconXUSDC holders can use supported tokens as collateral without first redeeming their positions.RedStone checks updates through signature verification, deviation limits, staleness rules, and circuit breakers.Permission requirements and thin secondary liquidity could still complicate liquidations during market stress. RedStone brings FalconX credit pricing to three chains In a statement shared with crypto.news, RedStone said it had integrated its pricing infrastructure with Paretos Credit Vaults, starting with a FalconX vault carrying more than $170 million in private-credit exposure. Through the vault, institutional investors deposit USDC to finance part of FalconXs prime brokerage business. Depositors receive AA_FalconXUSDC, a token representing the senior tranche of their position in the underlying credit portfolio. Interest earned by the vault accrues within the tokens net asset value, raising its redemption value over time. M11 Credit curates the product, underwrites FalconX, and monitors the credit exposure on an ongoing basis, according to the announcement. You might also like: RedStone brings instant exits to NYLIM tokenized fund RedStone reads the vaults NAV from its Ethereum contract and publishes the value through standardized feeds








