Jito price

Oracles are undoubtedly the underlying pillar of Defi, but traditional models have always struggled to meet the trading needs of current users. Previous oracles not only had slow price updates (at least 1~2 seconds), limited asset coverage, difficulty in scaling, reliance on a small number of nodes, security risks, and high costs. With the outbreak of Oracle AMM and the acceleration of the DeFi transaction efficiency revolution, whether these problems can be solved has become the key to the entire Defi track. And @switchboardxyz emerged to solve these core pain points. It enables millisecond-level data transmission through TEE hardware-level architecture, which is 300 times faster than traditional oracles, allowing AMMs to approach the performance limits of centralized exchanges for the first time on-chain. What's more, Switchboard is the only permissionless oracle that allows any developer to create any Web2 or Web3 data transfer in seconds. And in terms of security, the combination of TEE + decentralized validators makes data fast and trustworthy, no longer relying on a few nodes or a single signer. In the past 30 days, Oracle AMM trading volume on Solana alone has exceeded $87 billion, accounting for more than 50% of the network's traffic, and oracle speed has become the only key variable determining slippage, liquidation, and arbitrage. Switchboard has been integrated with more than 50 protocols such as @jito_sol, @DriftProtocol, @KaminoFinance, etc., guarding more than $5 billion in on-chain assets. On the other hand, Switchboard has completed $11 million in financing, backed by institutions such as @tribecap Capital, @Rockaway_X, @Lemniscap and @SolanaFndn. Its core product, Surge, provides Oracle AMM with millisecond updates to truly scalable infrastructure, allowing DeFi to enter a whole new phase of acceleration. The oracle track is still a dominant state, $LINK currently ranks 12th in the entire crypto track with 22.3 billion FDV, which means that Switchboard investors can make investment research judgments on the business data of Chainlink, and the imagination space is open, friends! cc： @TheOracle5000 @Jefferstellar @Eviltahaa @DoctorBlocks @_kkmoat @bamontwit @hermidao1

working in crypto is super binary. some days it feels like the worst industry to be in (rugs, scams, buzzwords everywhere to milk a community). other days you remember why you are here and it all make sense. here are the things that gets me excited about what we are building right now (not necessarily in order of importance): -we built the best SOV: BTC is the only thing that makes sense in a fiat world (there is no second best). -real ownership over money: it feels so good getting paid in a wallet YOU own and settle a transaction of any size instantly in a P2P and borderless way. no banks, no middlemen, no huge fees (we forgot how big of a deal this is). -stablecoins: @ethena_labs, Circle, Tether are game changers. -DeFi: lend, borrow, earn yield, and do whatever you want with you asset purely based on smart contracts certainties. incredible achievement. shoutout to @aave , @KaminoFinance, @pendle_fi and others -perp dex: @HyperliquidX is the clear leader right now. Just waiting to be able to stocks, commodities, etc there. -futarchy + ICM: @MetaDAOProject to raise money for your idea + futarchy as decision layer is the coolest ideas I have seen in a while. -restaking 2.0: eigenlayer failed to unleash the promises of restaking but I feel Jito (+ @KyrosFi) could be the pivotal moment (especially for DePIN). no reason why all Jitosol doesn’t get restaked. -delta-neutral trade that scales: this can become the new risk free rate in crypto. really like @liminalmoney here. what am I missing?