Crypto Trading Gets a Boost with DoubleZero's High-Speed Data Platform for Solana

The DoubleZero Foundation has introduced a new platform, DoubleZero Edge, aimed at accelerating the access to crypto market data for trading firms. This move marks a significant step towards adopting Wall Street-style systems in the digital asset markets. DoubleZero Edge offers a real-time feed of raw data from the Solana blockchain, facilitating quicker access to information that impacts prices. By collaborating with validators, DoubleZero distributes data more rapidly to market participants, addressing the existing delays and inconsistencies in crypto markets that rely on the public internet. The new network is designed to reduce data delivery times by tens of milliseconds, especially 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, similar to traditional financial markets. Additionally, validators on the Solana network can earn extra revenue by supplying data to the platform, while traders subscribe to the feeds using USDC. The launch of DoubleZero Edge comes as crypto trading firms seek more reliable 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, the new infrastructure removes a risk that market makers have to price in, leading to tighter spreads and better execution.