Crypto Trading Gets a Boost as DoubleZero Introduces High-Speed Data for Solana

The DoubleZero Foundation has launched a new platform, DoubleZero Edge, designed to accelerate the delivery of crypto market data to trading firms, marking a significant step towards adopting Wall Street-style systems in the digital asset space. The platform, which went live on Thursday, 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 delays and inconsistencies that can occur when relying on the public internet. The new network can reduce data delivery times by tens of milliseconds, providing a competitive edge for high-frequency trading firms. The platform utilizes a private fiber network and multicast technology to send data to multiple participants simultaneously. Additionally, DoubleZero Edge introduces a new economic model, enabling validators to earn extra revenue by supplying data and allowing traders to subscribe to feeds using USDC. The launch comes as crypto trading firms seek more reliable infrastructure, and DoubleZero's system 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.'