Switchboard： The ultimate oracle of decentralized finance The oracle race track has always been a field that we are optimistic about for the future development of RWA finance, because it is niche, difficult to develop, and relatively less competitive. Moreover, it is a core infrastructure that has attracted our attention. Today, let's talk about a brand new customizable oracle project: Switchboard (@ switchboardxyz) is a highly customizable, decentralized, and permissionless oracle protocol designed to solve the problems of slow speed, high cost, and poor flexibility of traditional oracle machines. It has provided over $4 billion in security guarantees in the DeFi ecosystem and supports multiple leading dApps. 🎯 Core advantages one ️⃣ Fully customizable data feed Users can freely set data update intervals, weights, calculation logic, and data aggregation methods, while supporting the integration of on chain and off chain data sources to ensure data accuracy and reliability. two ️⃣ A true permissionless mechanism Developers can instantly create new data sources without approval or waiting, greatly improving the development and iteration speed of DeFi applications. three ️⃣ Get data on demand Compared to the fixed update mechanism of traditional oracle machines, Switchboard adopts an "on-demand acquisition" mode to make data transmission more efficient and reduce unnecessary computational costs. four ️⃣ Global data aggregation Switchboard can integrate multiple data sources, including other oracle machines, to ensure optimal prices, maximum reliability, and data integrity, enhancing the security of DeFi transactions. five ️⃣ Industry leading ultra-low latency The data update speed of Switchboard is about 400 milliseconds, which is three times faster than other oracle machines, significantly reducing transaction slippage and improving the performance and security of DeFi applications. six ️⃣ Renowned investment institutions invest (such as 👇 Image) The total financing amount of Switchboard is as high as 11 million US dollars, with investment institutions including Lemniscap, RockawayX, Tribe Capital, CMS Holdings, Sui, Bixin Ventures and other well-known institutions and project partners. 📝 Collaboration with Jito Network: Introducing Re staking Mechanism Switchboard is taking the lead in introducing the staking Restaking mechanism in the Solana ecosystem and further enhancing security and decentralization through collaboration with @ jito-usol. Collaboration Highlights: Re staking rewards and security enhancement: JitoSOL holders can re pledge assets to help protect the Switchboard oracle and earn SWTCH tokens, achieving a higher quality economic incentive model. Jito infrastructure support: relying on Jito NCN (Non Custodial Network) high-performance validator cluster, Switchboard further reduces centralization risks, enhances the stability and anti attack capabilities of oracle machines. • More extensive ecosystem integration: In the future, all assets supported by Jito can be used to pledge Switchboard oracle machines, driving broader liquidity and ecological growth. Early participation link 🔗： https://www.jito.network/restaking/vaults/HR1ANmDHjaEhknvsTaK48M5xZtbBiwNdXM5NTiWhAb4S/ Summary: Switchboard has redefined the Web3 oracle standard with its fastest, customizable, and decentralized features. Its collaboration with JitoNetwork not only introduces innovative re staking models, but also further enhances security, decentralization, and economic incentives, providing stronger infrastructure support for the DeFi ecosystem. With the increasing importance of oracle machines in DeFi, RWA, NFT trading, GameFi, and on chain derivatives markets, Switchboard is becoming the core driving force of the decentralized data market and deserves special attention 🧐