Kalshi Breaks New Ground with Real-Time Order Book Data Streaming
Kalshi has made history by becoming the first prediction market to stream real-time order book data via DoubleZero Edge, a low-latency market-data feed delivery service running over dedicated fiber. The data is now available for subscribers of DoubleZero Edge and includes full order book depth for the most actively traded contracts in sports events and crypto perpetual futures.
According to Austin Federa, co-founder of DoubleZero, this move marks a significant shift towards providing institutional-grade infrastructure for prediction markets, which have traditionally been built without this critical component. 'Better markets are built on better connectivity,' said Andy Ross, head of institutional at Kalshi.
Kalshi is waiving its revenue share for the first year to lower entry costs and make it easier for firms to access the data. DoubleZero's feeds include both Level 1, top of book and trades, and Level 2, depth of book, data, powered by Kalshi Research, with historical data planned for a future release.