Switchboard

Switchboard is a decentralized oracle network on Solana that enables any developer to create custom data feeds for on-chain applications. Unlike Pyth which focuses on institutional financial data, Switchboard provides a permissionless framework for sourcing and publishing any type of off-chain data to the blockchain. The protocol uses a network of oracle operators who run Trusted Execution Environments (TEEs) to securely fetch and verify off-chain data. Developers can create custom feeds that source data from any API, website, or data source, and publish it on-chain for smart contracts to consume. This flexibility means Switchboard can serve use cases beyond price feeds — including sports data, weather, IoT sensor readings, and any other off-chain information. On Solana, Switchboard provides both push-based feeds (continuously updated) and on-demand feeds (updated when requested). The protocol also offers verifiable randomness functions (VRF) for applications that need provably random numbers — essential for gaming, NFT reveals, and fair distribution mechanisms. Switchboard's permissionless design means any developer can create new feeds without permission from the Switchboard team, making it the most flexible oracle solution on Solana. The protocol charges fees for data feed updates, which are distributed to oracle operators who maintain the feeds.