Switchboard

Switchboard On-Demand (typedoc: https://switchboard-docs.web.app)

See the full documentation at Switchboard On-Demand Documentation

Switchboard On-Demand is designed to support high-fidelity financial systems. It allows users to specify how data from both on-chain and off-chain sources is ingested and transformed.

Unlike many pull-based blockchain oracles that manage data consensus on their own Layer 1 (L1) and then propagate it to users—giving oracle operators an advantage—Switchboard Oracles operate inside confidential runtimes. This setup ensures that oracles cannot observe the data they are collecting or the operations they perform, giving the end user a 'first-look' advantage when data is propagated.

Switchboard On-Demand is ideal for blockchain-based financial applications and services, offering a solution that is cost-effective, trustless, and user-friendly.

Key Features:

• User-Created Oracles: In Switchboard, users have the flexibility to build their own oracles according to their specific needs.
• Confidential Runtimes: Oracle operations are performed in a way that even the oracles themselves cannot observe, ensuring data integrity and user advantage.
• High-Fidelity Financial Applications: Designed with financial applications in mind, Switchboard ensures high accuracy and reliability for transactions and data handling.

Getting Started

To start building your own on-demand oracle with Switchboard, you can refer to the oracle specification in our documentation.

Example Code Snippet:

const [pullIx] = await feedAccount.fetchUpdateIx({ numSignatures: 3 });
const tx = await sb.asV0Tx({
    connection,
    ixs: [pullIx],
    signers: [payer],
    computeUnitPrice: 200_000,
    computeUnitLimitMultiple: 1.3,
});
await program.provider.connection.sendTransaction(tx, {
    // preflightCommitment is REQUIRED to be processed or disabled
    preflightCommitment: "processed",
});

SwitchboardSurge - Real-time Price Streaming

The SwitchboardSurge class provides real-time price streaming capabilities through WebSocket connections to Switchboard gateways.

Quick Start

import { SwitchboardSurge } from '@switchboard-xyz/on-demand';

// Initialize and subscribe to price feeds
const surge = new SwitchboardSurge({
  apiKey: 'your-api-key',
  gatewayUrl: 'http://localhost:8082', // Your gateway URL
});

// Listen for price updates
surge.on('data', (update) => {
  console.log('Price update:', update.processed.values);
});

// Subscribe to feeds (validation happens automatically)
await surge.subscribe([
  { symbol: 'BTCUSDT', source: 'BINANCE' },
  { symbol: 'ETHUSDT', source: 'BINANCE' },
]);

Event Handling

surge.on('connected', () => {
  console.log('Connected to Switchboard Surge');
});

surge.on('data', (response) => {
  // response.processed: Ready for Solana transactions
  console.log('Feed values:', response.processed.values);
  console.log('Feed hashes:', response.processed.feedHashes);
});

surge.on('error', (error) => {
  console.error('Streaming error:', error.message);
});

surge.on('disconnected', (code, reason) => {
  console.log('Disconnected:', code, reason);
});

Configuration

const surge = new SwitchboardSurge({
  apiKey: 'your-api-key',
  gatewayUrl: 'http://localhost:8082',  // Your gateway URL
  autoReconnect: true,                  // Auto-reconnect on disconnect
  maxReconnectAttempts: 5,              // Max reconnection attempts
  reconnectDelay: 1000,                 // Delay between reconnects (ms)
});