๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB ๐ https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live ๐ https://www.gate.com/zh/announcements/article/46934
๐
Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
๐ How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
๐ Rewards:
๐ฅ 1st
In the blockchain industry, Switchboard is becoming a leader in the Oracle Machine field with its excellent performance and broad application support. This company has not only secured $11 million in investments from well-known venture capital firms such as Tribe Capital and RockawayX, but it has also won strong support from core ecosystems like Solana, Aptos, Sui, and Starkware.
Currently, Switchboard has provided data support for over 50 top applications such as Jito, Drift, Kamino, and Marginfi, with supported assets exceeding $5 billion. With the rapid rise of the Oracle AMM model, Switchboard has showcased its unique advantages. In the past 30 days, the transaction volume of the Oracle AMM model on the Solana chain has accounted for over 50%, with a transaction amount reaching $87 billion, and Switchboard has become the only infrastructure provider capable of meeting the speed and scale required for this model.
Switchboard's Surge technology achieves millisecond-level latency by adopting TEE (Trusted Execution Environment), while supporting an update frequency of over 500 times per minute. This performance metric makes it an important pillar of high-performance DeFi ecosystems. This high-speed update capability brings numerous advantages to DeFi, including lower slippage, better transaction prices, more accurate clearing mechanisms, lower bad debt risks, higher capital efficiency, and deeper liquidity.
The success of Switchboard not only marks a significant breakthrough in Oracle Machine technology but also heralds a new wave of innovation in the DeFi industry. With the continuous development of Blockchain technology, infrastructure providers like Switchboard will play an increasingly important role in driving the entire ecosystem forward.