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Morning Edition · Friday, September 25, 2026Published at 9:11 AM EDT · New York
A Solana Oracle Shuts Down With Six Days' Notice, Forcing Lending Protocols to Reroute Price Feeds
Switchboard's wind-down ended support on September 25, pushing Kamino, Drift, MarginFi and Jito toward Pyth or RedStone, while analysts flag circular trading inside Solana's reported decentralized exchange (DEX) volume.
Switchboard, one of Solana's oracle providers, declared all its implementations deprecated on September 19 and ended support on September 25, a six-day migration window for every application still reading its prices. Its guidance names Pyth…
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On-Chain Capital Concentrates
As total on-chain capital contracts, value keeps concentrating on the largest chains and the applications with live demand, squeezing long-tail protocols and forcing consolidation.
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