Crypto Trading Gets a Boost with DoubleZero's High-Speed Data Platform for Solana
The DoubleZero Foundation has launched a new platform, DoubleZero Edge, aimed at accelerating the delivery of crypto market data to trading firms. This development marks a significant step towards adopting Wall Street-style systems in digital asset markets. DoubleZero Edge provides a real-time feed of raw data from the Solana blockchain, allowing traders to react quicker to market changes. By collaborating with validators, DoubleZero distributes data more efficiently, reducing reliance on the public internet and the delays that come with it. The platform utilizes a private fiber network and multicast technology to shave off tens of milliseconds from data delivery times, giving high-frequency trading firms a competitive edge. Additionally, DoubleZero introduces a new economic model where validators can earn extra revenue by supplying data, while traders subscribe to the feeds using USDC. This launch comes as crypto trading firms seek more dependable infrastructure, and DoubleZero's system aims to reduce uncertainty and level the playing field. According to Andrew McConnell, co-founder of DoubleZero, 'deterministic infrastructure removes a risk market makers have to price in, leading to tighter spreads and better execution.'