DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has launched a new platform to speed up access to crypto market data for trading firms, signaling growing demand for Wall Street-style systems in the digital asset market.
The project, called DoubleZero Edge, went live on Thursday. Its first product is a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can impact prices.
Solana is a high-speed blockchain popular with traders that generates large amounts of real-time data as transactions are processed. DoubleZero plugs into the system by partnering with validators to distribute it to market participants faster.
Unlike traditional finance, where exchanges rely on specialized networks to transfer data at high speeds, crypto markets still rely heavily on the public internet: a setup that can lead to delays and inconsistencies. DoubleZero is trying to change that by building a purpose-built system designed specifically for on-chain data.
According to the company, the new network can reduce data transfer times by tens of milliseconds, with greater gains during periods of heavy network activity. For high-frequency trading firms, even small speed improvements can translate into a competitive advantage.
The platform works by sending data over a dedicated fiber-optic network using multicast, a method commonly used in traditional financial markets to distribute data to multiple participants simultaneously.
In addition to speed, DoubleZero also introduces a new economic model. Validators on the Solana network can earn additional income by providing data to the platform, while traders use the USDC premium feed.
The launch comes as cryptocurrency trading firms increasingly seek more reliable, predictable infrastructure, especially as competition increases and margins tighten. DoubleZero says its system can help level the playing field by reducing uncertainty about how quickly market data reaches participants.
“Traditional finance has spent decades building infrastructure where speed and deterministic performance are true competitive advantages,” DoubleZero co-founder Andrew McConnell said in a press release shared with CoinDesk. “On-chain markets have not gained such a foundation, making it impossible for even sophisticated trading firms to work on uneven foundations. Deterministic infrastructure removes the risk that market makers have to price, resulting in tighter spreads and better execution.”
Read more: Former Solana executive is taking a page from Wall Street’s lead to speed up global cryptocurrency trading
