Switchboard

Switchboard is a multi-chain oracle protocol that provides on-demand data feeds, verifiable randomness, and data subscriptions. Its core business is helping developers fetch off-chain data (like asset prices) and use it in on-chain applications, supporting blockchains such as Solana, Sui, and EVM chains.

Its key competitive edge is the pull-based model: data is fetched only when needed, rather than being continuously pushed on-chain. This reduces costs and latency significantly, while maintaining verifiability and transparency. It also supports flexible customization, such as using variables for API keys and building custom data sources.

The market pain point it solves is the inefficiency of traditional oracle networks, which often suffer from high costs, slow updates, and limited flexibility. Switchboard offers faster, cheaper, and more customizable data access, making it suitable for DeFi, gaming, and AI agent applications.

In the past six months (2026-02-28 to 2026-08-29), Switchboard launched On-Chain Subscriptions, allowing users to pay for real-time data feeds directly with USDC or SOL via Titan integration. It also went live on Monad on day one with over 50 price feeds, introduced TWAP (Time-Weighted Average Price) feeds, and added features for AI agents, including Agent skills and LLM-first documentation pages. No significant negative events were reported in the available information.