Switchboard Technology Labs, a core contributor to the Switchboard Protocol, is winding down operations, ending all support on 09/25/2026—one week after the announcement. All implementations are deprecated immediately, and users are urged to migrate to alternatives such as Pyth or Redstone. The company cites AI making oracle creation easier and eroding pricing power, a bear market shrinking budgets and new chain launches, and protocols licensing data directly, citing Hyperliquid's S&P partnership. Founded in 2021, Switchboard says it exhausted all alternatives before deciding, following recent exploits and high infrastructure costs.

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