-
Notifications
You must be signed in to change notification settings - Fork 759
New issue
Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.
By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.
Already on GitHub? Sign in to your account
Add various Switchboard collabs #8384
base: master
Are you sure you want to change the base?
Add various Switchboard collabs #8384
Conversation
@eldios hello. We need answer for this 3 questions regarding all those projects Oracle Provider(s): Specify the oracle(s) used (e.g., Chainlink, Band, API3, TWAP, etc.): |
hey @Define101, I can have some of those partners vouch in to testify they use our services and/or have other members of our team or our partners send a couple lines about their part if that's okay. I'll also try to find docs and links to help back the above. Thank you |
defi/src/protocols/data3.ts
Outdated
@@ -45007,7 +45007,7 @@ const data3: Protocol[] = [ | |||
cmcId: null, | |||
category: "Yield Aggregator", | |||
chains: ["Solana"], | |||
oracles: ["Pyth"], // https://nx-finance.gitbook.io/nx-finance-whitepaper/protocol-mechanism/risks#oracle-risks | |||
oracles: ["Pyth", "Switchboard"], // https://nx-finance.gitbook.io/nx-finance-whitepaper/protocol-mechanism/risks#oracle-risks |
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Integration post:
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Please provide more proofs regarding this
Can only see Pyth
https://nx-finance.gitbook.io/nx-finance-whitepaper/audits-and-security/oracle
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Removing NXFinance until reply from their team
@@ -27503,7 +27503,7 @@ const data2: Protocol[] = [ | |||
chains: ["Solana"], | |||
module: "marginfi/index.js", | |||
twitter: "marginfi", | |||
oracles: ["Pyth"], | |||
oracles: ["Pyth", "Switchboard"], |
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Docs post, marginfi arena is exclusively using on-demand. They will comment on PR below
https://docs.marginfi.com/faqs#what-does-the-stale-oracles-error-mean
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
hello! my name is nathan and i'm the lead devrel at marginfi. marginfi does use switchboard heavily in both our The Arena and mrgnlend products — particularly for low-market cap assets. we recently finalized a big migration of switchboard oracles from push to pull-based
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
all switchboard oracles now use pull-based on-demand oracles across the arena and mrgnlend
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
@masterzorgon what markets are using switchboard?
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Correct. All markets denoted with the switchboard logo on the UI are actively using switchboard oracles. Also note that all assets listed on The Arena, our sister product, use switchboard oracles.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Mrgn replied in the rain fi thread
@@ -27303,7 +27303,7 @@ const data3: Protocol[] = [ | |||
cmcId: null, | |||
category: "Lending", | |||
chains: ["Solana"], | |||
oracles: ["TWAP", "Pyth"], | |||
oracles: ["TWAP", "Pyth", "Switchboard"], |
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
One of rainfi's announce posts
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
What markets are using Switchboard ?
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
WEN
MOUTAI
ZEUS
BODEN
SHDW
strongSOL
ISC
KMNO
POPCAT
MANEKI
BONKSOL
JUPSOL
JUCYSOL
COMPASSSOL
lanternSOL
stakeSOL
pwrSOL
DRIFT
hubSOL
MOTHER
dSOL
hSOL
ZEX
BILLY
tremp
vSOL
pathSOL
CLOUD
SEND
ATLAS
POLIS
BLOCK
FWOG
SCS
BNSOL
ORE
sSOL
MOODENG
SPX
GIGA
mini
$michi
DBR
GOAT
GRASS
GMT
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
(All the tokens denoted with the switchboard logo on their site)
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
gm, I’m the head of risk at mrgn. Nearly ~ $9.1mm (at present time) worth of assets are supported by Switchboard in the main pool. In addition the isolated pools are supported by Switchboard as well.
The main pool banks are as follows:
jupSOL, hSOL, CLOUD, UXD, and DUSK.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
hey @Define101, I am the CEO at Rain.fi, I can confirm that we use Switchboard oracles to secure all tokens listed by @mgild. Since we operate with cross-collateralization, our entire TVL (currently 2.8M) is safeguarded through Switchboard oracles.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
@eldios 9.1m$ is less than 5% of the total TVL.
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
@solwhitey we added the oracle to rain fi here #8524
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
For marginfi is only securing 9.1m$ in a 460m$ TVL. Very small %.
Hi @Define101 oracle and evidence added |
@@ -47735,7 +47735,7 @@ const data3: Protocol[] = [ | |||
module: "solayer/index.js", | |||
twitter: "solayer_labs", | |||
forkedFrom: [], | |||
oracles: [], | |||
oracles: ["Switchboard"], |
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Solayer is using Switchboard for sUSD redemptions:
https://docs.solayer.org/susd/protocol-info/redemption-price#api-overview
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
Regarding solayer, majority of their TVL is liquid staked tokens of SOL , not their stablecoin
There was a problem hiding this comment.
Choose a reason for hiding this comment
The reason will be displayed to describe this comment to others. Learn more.
We have separated out sUSD here onto a separate project at "solayer-susd/index.js".
The new project configuration is now live on DeFiLlama so we can add this to the TVL for just the stablecoin for Switchboard
This PR is to add some missing collabs that we have in place at Switchboard.
Let me know if you need us to give more details or else.