High-Speed Trading Technology from Wall Street Enters Crypto with DoubleZero's Solana Data Solution
DoubleZero Foundation has introduced a platform designed to accelerate the access of trading firms to crypto market data, marking a significant step towards adopting Wall Street-style systems in digital asset markets. The newly launched DoubleZero Edge offers a real-time feed of raw data from the Solana blockchain, thereby granting traders quicker access to information that can impact prices. By collaborating with validators, DoubleZero Edge distributes data more rapidly to market participants, addressing the limitations of the public internet that can introduce delays and inconsistencies. This dedicated system is specifically designed for on-chain data and can reduce data delivery times by tens of milliseconds, providing a competitive edge for high-frequency trading firms. The platform operates by transmitting data via a private fiber network using multicast, a method commonly employed in traditional financial markets to distribute data to multiple participants simultaneously. DoubleZero Edge also presents a new economic model, where validators on the Solana network can earn additional revenue by supplying data to the platform, while traders subscribe to the feeds using USDC. The launch of DoubleZero Edge comes at a time when crypto trading firms are seeking more reliable and predictable infrastructure, and the platform aims to level the playing field by minimizing uncertainty in the delivery of market data to participants.