DoubleZero brings dedicated fiber market data to Hyperliquid traders

DoubleZero has introduced a dedicated fiber market data feed for Hyperliquid, providing professional trading firms with quicker and more reliable access to the exchange's complete order book. This new service enables market makers, quantitative trading firms, and proprietary trading firms to receive uninterrupted, ordered streams of market data, which was previously only accessible through public APIs or self-operated Hyperliquid nodes.

DoubleZero's global fiber network is designed to swiftly transmit data between blockchain network participants, making Hyperliquid's market data infrastructure increasingly similar to the professional data distribution systems utilized by traditional electronic exchanges. Hyperliquid's market data infrastructure now follows a model where data is published once and simultaneously disseminated across dedicated fiber networks, akin to the data distribution methods employed by major exchanges like CME and Nasdaq.

However, important distinctions remain, as traditional exchanges allow firms to position their systems near the processing infrastructure, while Hyperliquid executes trades onchain. DoubleZero's service focuses solely on delivering market data without placing or executing trades. Despite this, the convergence of onchain markets and professional market data infrastructure is evident, as hyperliquid now offers the same data distribution model as established exchanges, though latency differences persist, with firms in certain locations still possessing a physical advantage over others.