DoubleZero Brings Wall Street-Style Trading Technology to Crypto with High-Speed Solana Data

The DoubleZero Foundation has launched a platform designed to accelerate the delivery of crypto market data to trading firms, signaling a growing need for traditional financial systems in digital asset markets. The DoubleZero Edge platform, which went live on Thursday, provides a real-time feed of raw data from the Solana blockchain, allowing traders to access price-influencing information faster. By collaborating with validators, DoubleZero distributes Solana's real-time data more quickly to market participants, addressing the delays and inconsistencies associated with relying on the public internet. The company's dedicated system, built specifically for on-chain data, can reduce data delivery times by tens of milliseconds, giving high-frequency trading firms a competitive edge. The platform utilizes a private fiber network and multicast method to send data, while also introducing a new economic model where validators can earn additional revenue and traders subscribe to feeds using USDC. This launch comes as crypto trading firms seek more reliable infrastructure, and DoubleZero's system aims to level the playing field by reducing uncertainty in market data delivery. 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.'