Gate News Bot news, September 16, according to CoinMarketCap data, as of the time of writing, SWTCH (Switchboard Protocol) is currently priced at 0.13 USD, having risen 15.08% in the last 24 hours, with a high of 0.20 USD and a low of 0.08 USD. The current market capitalization is approximately 217,000 USD, an increase of 28,500 USD compared to yesterday. Important news about SWTCH recently: 1️⃣ **Gate's launch drives liquidity increase** SWTCH was launched on September 9th on Gate for spot trading, while also initiating the Launchpool activity. Users can participate in mining by staking GUSD and SWTCH, with a total of 537,190 SWTCH tokens distributed to participants over 4 days. This move significantly boosted the SWTC.

Gate News bot reported that according to the Gate announcement on September 9, 2025, Gate will launch Switchboard on September 9, 2025, at 21:00 ( UTC+8 019283746656574839201 for SWTCH spot trading, and will simultaneously open the 315th Launchpool event. Users can participate in the Launchpool event by staking GUSD and SWTCH, and during the event period, 537,190 SWTCH tokens will be airdropped as rewards. The event will take place from September 9, 2025, 21:00 to September 13, 2025, 21:00 ) UTC+8 (. Switchboard is a high-speed and permissionless oracle network that provides market data services for over 51 protocols, operating 300 times faster than other oracles. The project is backed by institutions such as Tribe Capital and RockawayX, with a total token supply of 1 billion SWTCH, issued on the Solana blockchain.

Odaily News Switchboard Foundation announces that the SWTCH Airdrop is now open for inquiries, and claims will start at 20:00 today and end in 30 days.

Gate News bot message, SWTCH has launched Alpha

Odaily News Backpack announced the launch of the SWTCH Airdrop event, where users can receive different amounts of rewards based on their badge levels: Bronze badge 10 pieces, Silver badge 30 pieces, Gold badge 100 pieces, Platinum badge 200 pieces, Diamond badge 500 pieces, Challenger badge 2000 pieces.

Gate News bot message, September 9, 2025, according to the official announcement from Gate: Gate will successively launch multiple trading features for LiveArt (ART), Switchboard (SWTCH), and Avantis (AVNT) on the evening of September 9th. The specific schedule is as follows: 20:10 ( UTC+8 will launch ART perpetual contracts and related lending features, 21:10 ) UTC+8 will launch SWTCH perpetual contracts and related lending features, and 22:10 ( UTC+8 will launch AVNT perpetual contracts and related lending features. The perpetual contracts for these three cryptocurrencies support leverage of 1-20 times and are settled in USDT. At the same time, Gate will also provide unified account lending, isolated margin trading,余币宝 wealth management, collateral lending, instant exchange, and fixed investment functions for these cryptocurrencies. These additional functions will be gradually opened within 1 hour after the spot trading of each cryptocurrency goes live.