DoubleZero Introduces High-Speed Trading Technology to the Crypto Market on Solana

The DoubleZero Foundation has launched a new platform, DoubleZero Edge, aimed at accelerating the delivery of crypto market data to trading firms. This move marks a significant step towards adopting Wall Street-style systems in the digital asset market. DoubleZero Edge offers a real-time feed of raw data from the Solana blockchain, allowing traders to access critical information that can impact prices more quickly. By partnering with validators, DoubleZero Edge distributes data more efficiently to market participants, addressing the current reliance on the public internet which can introduce delays. The new network has the potential to reduce data delivery times by tens of milliseconds, particularly during periods of high network activity, giving high-frequency trading firms a competitive edge. The platform utilizes a private fiber network and multicast method to send data, a technique commonly used in traditional financial markets. Additionally, DoubleZero Edge introduces a new economic model, where validators can earn extra revenue by supplying data, and traders can subscribe to the feeds using USDC. The launch of DoubleZero Edge comes as crypto trading firms seek more reliable and predictable infrastructure, and the platform aims to level the playing field by minimizing uncertainty in market data delivery. According to Andrew McConnell, co-founder of DoubleZero, 'deterministic infrastructure removes a risk that market makers have to price in, leading to tighter spreads and better execution.'