Jito price

Lombard Takes Over Jupiter Lend LBTC has been the highest deposit TVL among competitors on Jupiter Lend for 10 days Lombard has a market share of 52.5%, and LBTC is the leader in it. Users are actively engaging with LBTC, as the utility percentage has reached the classic 60%, like cbBTC and xBTC. @Lombard_Finance continues to take over the Solana market.

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