#SWTCH is the financing that received 11 million US dollars in investments from top VCs such as Tribe Capital and RockawayX, as well as support for core applications in the Solana, Aptos, Sui, and Starkware ecosystems, providing data support for over 50 top applications including Jito, Drift, Kamino, and Marginfi, ensuring asset scale exceeds 5 billion US dollars.
With the rapid rise of the Oracle AMM model (which has accounted for over 50% of the trading volume on the Solana chain, with a 30-day trading volume reaching 87 billion US dollars), Switchboard has become the only infrastructure that can meet its speed and scale requirements, being the fastest oracle completely leading in the field.
Specifically, Surge achieves millisecond-level latency through TEE (Trusted Execution Environment) and supports over 500 updates per minute, which is the lifeline of high-performance DeFi.
Lower slippage, better transaction prices, more accurate liquidation, lower bad debt risk, higher capital efficiency, and deeper liquidity are all achieved through high-speed updates.
The above content is from @0xBeyondLee