what's switchboard?
Switchboard is a permissionless oracle network designed to connect decentralized applications (dApps) with real-world data in a secure and efficient manner. It operates as a decentralized oracle protocol, enabling developers to access customizable data feeds for various use cases, including price data, sports scores, weather information, and verifiable randomness. By leveraging a pull-based model, Switchboard allows dApps to request data on-demand, reducing unnecessary computations and enhancing scalability across multiple blockchains. The protocol utilizes Trusted Execution Environments (TEEs) to ensure data integrity and confidentiality, where off-chain data sources are aggregated and verified before being pushed onto the blockchain. This architecture supports multi-chain deployments, including Solana, Aptos, Sui, IOTA, and others, making it versatile for builders in DeFi, gaming, and real-world assets (RWAs). Switchboard's permissionless nature means anyone can create or contribute to feeds without centralized approval, fostering innovation and resilience. Key features include sub-10ms latency for high-frequency data via Switchboard Surge, and tools for generating provably fair randomness (VRF) to power applications like lotteries and NFTs. It emphasizes security through aggregation from multiple sources and cryptographic proofs, positioning it as a foundational infrastructure for trustless data in Web3 ecosystems.
Switchboard integrated with Keel on Solana, providing price data for NAV calculations and risk controls.
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solana
Integrated with Keel, Sky Ecosystem's on-chain capital allocator on Solana, to provide price data for Net Asset Value (NAV) calculations and risk controls.
Launched Verifiable Randomness feature on Monad blockchain, enabling provably fair on-chain games, fair launches, raffles, and lotteries.
Switchboard powers infrastructure built on Loopscale on Solana for real world assets (RWAs).
Switchboard provides 1.8 seconds fresher data and up to 16x higher throughput compared to the next best oracle on Solana.
Switchboard uses 99.9% fewer compute units per update on Solana compared to the next best oracle, making it approximately 1,200x more efficient than competitors.
Hermida from the team discusses strategic vision for DATs to evolve into operating companies and pursue M&A of existing crypto businesses as a path forward.
DeFi protocol senditfun doubles down on Switchboard following successful performance during October 10th market crash. Joint livestream scheduled for tomorrow at 11am EST.
The first grant from Jito DAO to Switchboard achieves success in futarchy experimentation, noted in governance proposal JIP 29.
The platform now hosts over 15,000 data feeds available for builders to integrate or create custom feeds from without requiring centralized approval.
Mace AG's DEX aggregator integrates as a new data source on Switchboard, enabling Monad builders to create price feeds that pull data directly from Mace.
Switchboard Foundation announces a remote Developer Relations Engineer position with a salary range of $90K-150K.
Kuru Exchange integrates as an oracle source on Switchboard, enabling Monad builders to create price feeds that pull directly from Kuru's aggregator data.
Switchboard provides access to all Kalshi market data for on-chain prediction market product development.
Titan Exchange's aggregator is now available via Switchboard, enabling price feeds that pull directly from Titan's routing data.
Mooncake by RateX_Dex is powered by the Switchboard oracle network for permissionless tokenized perpetuals with real-time data.
Range.org's risk verification API is now fully on-chain powered by Switchboard, enabling verifiable and tamper-proof blocking of high-risk users across most Solana dapps, programs, and treasuries.
Remote Developer Relations Engineer position open with compensation between $90K-150K.
Livestream scheduled for tomorrow at 2:30pm EST featuring representatives from thirdweb and Switchboard to discuss x402.
Builders are encouraged to develop prediction market applications using Switchboard's Kalshi data, with Kalshi Eco grants available to support development.
SWTCH token rewards are being distributed to fragSOL stakers.
Kalshi integration with Switchboard is now actively happening, progressing from the previously discussed collaboration phase.
Collaboration with Kalshi for prediction markets discussed in upcoming live session scheduled for 11am EST.
Switchboard feeds become x402-compatible through Corbits SDK integration.
MET from Meteora AG is now live on Switchboard with price feed functionality.
Switchboard Foundation is hiring a remote Developer Relations Engineer position with salary range $90K-150K.
$SWTCH token airdrop goes live on HTX Launchpool, where users earn tokens by subscribing to HTX Flexible Product with 4% APY.
Surge is now live on Sui Network.
Melee Markets Alpha uses Switchboard as its prediction market oracle.
0dotxyz (P0) built their core infrastructure using Switchboard, with ongoing collaboration between the two projects.
Range launches the first onchain risk verification system powered by Switchboard oracles, enabling protocols to verify wallet and contract risk directly on Solana.
An airdrop of Switchboard tokens (valued at approximately $30-$100) is available to claim for Fragmetric users.
New partnership brings every Kalshi prediction market on-chain through Switchboard with real-time, permissionless data feeds.
The foundation is hiring a remote Developer Relations Engineer with a salary range of $90K-150K, indicating team expansion and investment in developer community engagement.
New partnership with HTX Global exchange launches promotional '$SWTCH Bonanza' event.
Switchboard Surge announces expansion to additional blockchain networks.
Switchboard announces support and collaboration with 0dotxyz for DeFi prime brokerage services.
Bitget Global launches a promotional Launchpool event requiring users to lock $BGB or $SWTCH tokens to participate. On-Demand SDK 0.8.0 launches, reducing Solana oracle costs by 4x, while $SWTCH surges 42.68% to $0.2036 with $53.98M trading volume as large holders exit.
An airdrop checker has been released and airdrop claims will go live within one hour.
A new quest system launches with 450K+ SWITCH tokens available for distribution, featuring a tiered reward structure including Diamond Player status.
$SWTCH lists on HTX Innovation Zone with deposits now open and trading starting soon. A new Rank drop launches involving 2 million $SWTCH tokens for ecosystem access.
Binance Alpha will be the first exchange to list SWTCH on September 9th, offering airdrop claims via Alpha Points system.
Performance metrics significantly outpace competitors with one observer noting the project is "beating everyone's numbers by a mile right now."
Switchboard is integrated as a core part of another project's new product announcement scheduled for this week.
$SWTCH token launches September 9th with airdrop claims opening same day, 10% initial circulating supply, and 6-month team allocation cliff.
A major event is scheduled for September 9th, with confirmation of a multi-year support relationship with Backpack.
New Surge oracle achieves sub-10ms latency with free-to-use model, marking 10x performance improvement.
New Surge feature achieves sub-100 millisecond latency, improving network performance.
Protocol launches on HyperliquidX platform with customizable and permissionless features.
Protocol expands oracle services to Monad and Aptos blockchains.
Protocol processes 80,000 daily Solana transactions, demonstrating significant network usage.
Powers multiple major DeFi protocols including xStocks, Kraken, and Superstate Funds for on-chain stock wrappers and private credit solutions.
New staking integration enables BNSOL holders to earn additional rewards through Fragmetric platform while securing network and receiving exclusive protocol rewards.
New partnership with Drift Protocol focuses on expanding RWA ecosystem on Solana.
Protocol generates 56.57 SOL revenue in April with distribution to Oracle network
New node operator Adrastea Finance joins network, enhancing oracle security and decentralization through Jito Sol restaking integration.
Live discussion scheduled for tomorrow 11am EST covering oracle integration with Solayer's products including InfiniSVM and Emerald Card.
March revenue reaches 154 SOL with 100% distribution to oracle operators.
Oracle infrastructure secures $5.5B+ TVL across 7+ blockchains, supporting critical DeFi operations.
Oracle service secures $5.5B TVS across Solana, Sui, and Aptos networks.
First project to distribute NCN rewards through Fragmetric
Launched Node Partner Program allowing users to help decentralize the oracle network while earning rewards.