Wall Street trading-tech is coming to crypto as DoubleZero rolls out high-speed data for Solana
CoinDesk
04-16 02:21

DoubleZero Foundation, a project building high-speed data infrastructure for blockchains like Solana, has rolled out a new platform to speed up how trading firms access crypto market data — a sign of growing demand for Wall Street-style systems in digital asset markets.

The project, called DoubleZero Edge, went live 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-speed blockchain popular with traders, produces large amounts of real-time data as transactions are processed. DoubleZero plugs into that system by working with validators to distribute it more quickly to market players.


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Unlike traditional finance, where exchanges rely on specialized networks to deliver data at high speed, crypto markets still largely depend on the public internet: a setup that can introduce delays and inconsistencies. DoubleZero is trying to change that by building a dedicated system designed specifically for onchain data.

According to the company, the new network can shave tens of milliseconds off data delivery times, with bigger gains during periods of heavy network activity. For high-frequency trading firms, even small speed improvements can translate into a competitive edge.

The platform works by sending data over a private fiber network using multicast, a method commonly used in traditional financial markets to simultaneously distribute data to multiple participants.

Beyond speed, DoubleZero is also pitching a new economic model. Validators on the Solana network can earn additional revenue by supplying data to the platform, while traders pay to subscribe to the feeds using USDC.

The launch comes as crypto trading firms increasingly seek more reliable, predictable infrastructure, particularly as competition intensifies and margins tighten. DoubleZero says its system could help level the playing field by reducing uncertainty in how quickly market data reaches participants.

“Traditional finance has spent decades building infrastructure where speed and deterministic performance are a real competitive advantage,” said Andrew McConnell, a co-founder of DoubleZero, in a press release shared with CoinDesk. “On-chain markets didn't get that foundation, which left even sophisticated trading firms working on uneven ground. Deterministic infrastructure removes a risk market makers have to price in, which leads to tighter spreads and better execution.”

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