Switchboard (Permissionless, fully customizable pull oracle (Solana-born, now multichain)) versus RedStone (Modular oracle that ships new LST, LRT and RWA feeds faster than anyone) — how they differ on type, coverage and what they’re built for.
| Switchboard | RedStone | |
|---|---|---|
| Type | Pull | Push + Pull |
| Update model | Switchboard On-Demand: anyone can define any feed permissionlessly, validated inside a TEE for tamper-resistance. | Pull-first modular design: data is signed off-chain and delivered on-demand, or pushed on a schedule — pick per use case. |
| Chains | Solana + EVM/L2 | 100+ |
| Feeds | Custom / any | 1,000+ |
| Security | TEE-based execution (Switchboard On-Demand) with on-chain verification. | Signed data packages verified on-chain; modular delivery across EVM and cross-chain. |
| TVS* | Emerging on EVM | ~$3.6B |
| Token | — | RED |
| Best at | Permissionless custom feeds — list any asset without waiting for the provider to support it | Yield-bearing collateral — the go-to oracle for liquid staking (LST) and liquid restaking (LRT) tokens |
* Approximate total value secured — dated market snapshot (DefiLlama / provider reports, 2026).
Pick Switchboard when permissionless custom feeds matters most; pick RedStone when yield-bearing collateral matters more.