The DoubleZero Foundation, a project to build high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to accelerate how trading companies access crypto market data – a sign of growing demand for Wall Street-style systems in digital asset markets.
The project, called DoubleZero Edge, launched on Thursday. Its first offering is a real-time feed of raw data from the Solana blockchain, giving traders faster access to information that can influence prices.
Solana, a high-throughput blockchain popular with traders, produces large amounts of data in real time as transactions are processed. DoubleZero connects to this system by working with validators to distribute it more quickly to market participants.
Unlike traditional finance, where exchanges rely on specialized networks to deliver high-speed data, crypto markets still rely largely on the public internet: a setup that can introduce delays and inconsistencies. DoubleZero is trying to change that by creating a dedicated system designed specifically for on-chain data.
According to the company, the new network can reduce data transmission delays by tens of milliseconds, with greater gains during periods of high network activity. For high-frequency trading firms, even small improvements in speed can translate into a competitive advantage.
The platform works by sending data over a private fiber network using multicast, a method commonly used in traditional financial markets to distribute data to multiple participants simultaneously.
Beyond speed, DoubleZero also offers a new economic model. Validators on the Solana network can earn additional revenue by providing data to the platform, while traders pay to subscribe to feeds via USDC.
The launch comes as cryptocurrency trading firms increasingly seek more reliable and predictable infrastructure, particularly as competition intensifies and margins tighten. DoubleZero says its system could 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 a true competitive advantage,” said Andrew McConnell, co-founder of DoubleZero, in a press release shared with CoinDesk. “On-chain markets have not benefited from this foundation, leaving even the most sophisticated trading firms operating on uneven ground. Deterministic infrastructure removes a risk that market makers must factor in, leading to tighter spreads and better execution.”
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