Although the oracle race track may not attract as much traffic as other tracks in terms of popularity, the wealth creation effect occurs from time to time. Whether it's the previous PYTH or the controversial RED on Binance, they have all had impressive performances. The @ switchboardxyz project introduced today is also the most promising among the projects in the oracle race that have not yet been released. It is obscure but has powerful performance. Let's learn about it together. Switchboard is a decentralized multi chain oracle that provides ultra fast data support for smart contracts within 400ms, covering over 10 blockchains including Solana, EVM compatible chains, Aptos, Sui, and StarkNet. We know that high-frequency trading, DeFi clearing, and gaming applications in the blockchain world all require real-time data. Obtaining reliable real data is crucial for the effective operation of smart contracts and decentralized applications, especially in the field of decentralized finance. Real time asset prices are the backbone of any DeFi protocol and one of the most critical data points. This is the role of data feeds, which provide validated aggregated price data streams for various assets, enabling dApps to respond to market fluctuations and operate normally. Switchboard can provide data within milliseconds, preventing preemptive transactions and ensuring fair trade. Unlike similar products, Switchboard allows anyone to instantly create any asset without permission. There are no gatekeepers, no intermediaries, just open data to everyone. Similar products each have their own advantages and limitations: Pyth： Fast but requires DAO approval and relies on Solana for updates. RedStone： Flexible and cost-effective, but slow in terms of permissions and speed (8-20 seconds) Chainlink： A reliable OG oracle, but limited data on new assets. API3： Proficient in customized data collection, with a greater focus on EVM networks. Chronicle： In the early days, the integrated data and supporting networks are currently limited. The unique advantages of Switchboard compared to the aforementioned oracle project are: 1. Fast: Switchboard will directly retrieve data upon user request and provide oracle updates within approximately 400 milliseconds. This makes the data feed speed three times faster than competitors. 2. No permission required: Anyone can create a feed. Switchboard allows anyone to immediately create and deploy new data feeds without permission, waiting for third parties, red tape, or contractual requirements. 3. Customizable: Flexible Oracle aggregation to ensure data accuracy. Easily access and aggregate data from multiple Oracle providers (including Chainlink and Pyth) through a single data source, achieving optimal price discovery and automatic redundancy. 4. Security: Trusted Execution Environment (TEE) and decentralized nodes can prevent tampering. The advantage of Switchboard is that it is the first project to provide on-demand oracle, which means data feeds can be created and used instantly only when needed. This eliminates the need for continuous data flow and greatly reduces user latency and costs. Switchboard will directly retrieve data upon user request and provide oracle updates within approximately 400 milliseconds. This makes the data feed speed three times faster than competitors. In the high-speed decentralized financial world, Switchboard's near real-time data can improve security and reduce risks, enabling developers to build faster and higher performing dApps. Switchboard is actively promoting cooperation with Jito by integrating Jito's node consensus network NCN. Switchboard will utilize Jito (Re) staking's multi-level reduction and customizable staking parameters to enhance its economic security and improve its data feeding performance, thereby helping to ensure the security of Solana DeFi. Re pledge through Jito 1. Enter the jito vault https://jito.network/zh/restaking/vaults/ 2. Select the corresponding asset and find the matching vault After depositing, you will receive VRT as proof. VRT can be used in DeFi ecosystems while also generating additional revenue Pledge again through Fragmetric 1. Open it https://app.fragmetric.xyz/restake/ Choose one of the following two assets: fragSOL or fragJTO, deposit the token, and then press Restake to re stake. 2. Fragmetric will optimize revenue and allocate assets to platforms such as Jito, providing users with staking revenue, MEV rewards, and NCN rewards. Here, the NCN reward is SWTCH token 3. At the same time, F POINT can also be obtained, which may serve as Fragmetric's future airdrop voucher While pledging again, you can easily complete the Zealy task on Switchboard https://(zealy.io)/cw/switchboard There are not many options to choose from in the oracle race, and Switchboard is the most promising project among the unreleased items in the oracle race, claiming to be a universal oracle. At present, while the technology level is leading the industry, the ecological construction is still relatively early. Those who hold SOL can consider participating in re pledging to obtain future compound income.