# Oracles

$PYTH is becoming more important because modern crypto markets depend on data speed almost as much as liquidity itself.
Every major DeFi category runs on price information.
Perps need mark prices. Lending protocols need collateral valuations. Liquidations need accurate triggers. Structured products need volatility inputs. RWAs and synthetic assets need trusted external references. If the data layer breaks, the financial layer breaks with it.
That is why oracle infrastructure matters far more than most traders realize.
Pyth’s positioning is especially interesting because it focuses heavily on f

🚨 What most retail sees: “low cap, risky token”
🧠 What professionals see: early-stage infrastructure being built in silence
$SWTCH isn’t chasing hype… it’s positioning at the core of the next cycle:
⚡ Oracles = the backbone of on-chain markets
⚡ Real yield, derivatives, RWAs all depend on reliable data
⚡ No data → no scale → no real adoption
While noise traders look for quick pumps…
smart capital watches for infrastructure adoption.
Switchboard is: 🧩 Expanding oracle capabilities
🔒 Enabling secure, customizable data feeds
🌐 Bridging real-world assets to on-chain markets
And here’s the as