Switchboard Expands Support to Solana Token Extensions
Switchboard Expands Support to Solana Token Extensions, Unlocking Powerful On-Chain Data Capabilities
Switchboard, the permissionless oracle network known for its customizable and real-time data feeds, has announced support for Solana’s Token Extensions, commonly referred to as Token-2022. This integration brings new functionality to developers building institutional-grade assets and derivatives on Solana.
Token-2022 introduces enhanced programmability and features to Solana tokens. Combined with Switchboard's powerful oracle infrastructure, builders can now harness real-time, composable data to create innovative, yield-bearing financial instruments, including programmable assets like tokenized gold.
A standout example is Switchboard’s collaboration with @orogoldapp, enabling on-chain gold pricing through highly customizable feeds. This advancement highlights Switchboard’s capacity to support real-world asset (RWA) infrastructure with rapid, flexible, and secure oracle services.
As a fully permissionless platform, Switchboard removes traditional barriers like approval queues or complex onboarding. Developers can connect instantly to a growing library of community-driven and aggregated data sources — or design bespoke feeds from scratch.
Key Features Include:
- Data Feeds: Customizable, secure, and cost-efficient real-time feeds
- Randomness: Verifiable randomness for games, NFTs, and more
- Oracle Aggregator: Combine multiple top-tier oracle sources for enhanced reliability
With its low-latency architecture and scalability, Switchboard empowers decentralized apps to react to the market in milliseconds — offering the speed and adaptability essential for next-gen DeFi.
Dubbed “The Everything Oracle,” Switchboard continues to push boundaries in how decentralized applications interact with the world beyond the blockchain.