DoubleZero Brings Fiber-Based Market Data Feed to Hyperliquid

DoubleZero has launched a dedicated fiber-based market data feed for Hyperliquid, aiming to provide professional trading firms with a more reliable way to consume the decentralized exchange's full order book. The new service allows participants to access an ordered and continuous stream of market data over a private network connection, which is designed for market makers and quantitative desks that prioritize speed and consistency.

The feed covers Hyperliquid's native perpetual futures markets as well as markets run by trade[XYZ], which uses Hyperliquid's infrastructure to offer perpetual contracts linked to assets including oil, gold, and silver. DoubleZero says the service was developed alongside validator operators and ecosystem partners such as Hyperion DeFi, MAVAN, and Kinetiq.

Hyperion DeFi CEO Hyunsu Jung described the development as 'onchain markets adopting' the professional market-data distribution model. He noted that traditional exchanges like CME and Nasdaq distribute professional data through dedicated networks, enabling automated trading firms to receive a consistent and ordered stream with high speed.