DoubleZero Launches Dedicated Market Data Feed for Hyperliquid
DoubleZero has launched a dedicated market data feed for Hyperliquid, a decentralized derivatives exchange. The service allows professional trading firms to receive Hyperliquid's full order-book data through a dedicated fiber network, improving stability and consistency compared to using the public API.
The Edge market data service by DoubleZero now supports three venues: Solana (SOL), Kalshi, and Hyperliquid. This expansion into on-chain markets aims to extend traditional finance's dedicated data infrastructure to decentralized exchanges.
Hyperion DeFi CEO Hyunsoo Jung stated that major exchanges like CME and Nasdaq provide professional market data through dedicated networks, which enables automated trading firms to receive fast and consistent data streams. Jung emphasized that Hyperliquid is not becoming an exchange like CME, but rather adopting the market data infrastructure used by traditional finance.