DoubleZero launches fiber data feed for Hyperliquid — SkimNews
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- DoubleZero launched a dedicated fiber market data feed for Hyperliquid, giving professional trading firms access to the exchange's full order book over fiber rather than through public APIs.
- The feed covers Hyperliquid's native perpetual futures and markets operated by trade[XYZ], which uses Hyperliquid's infrastructure to offer perpetual contracts tied to oil, gold, and silver.
- DoubleZero built the Hyperliquid feed with validator operators and ecosystem partners including Hyperion DeFi, MAVAN, and Kinetiq.
- DoubleZero said recent changes to Hyperliquid's public APIs have reduced the frequency and depth of available updates, pushing firms toward dedicated infrastructure over self-assembly.
- The Hyperliquid feed is the third venue on DoubleZero's Edge market-data service, following Solana and prediction market Kalshi.
- Hyperion DeFi CEO Hyunsu Jung told Cointelegraph that onchain market data is beginning to resemble traditional exchange infrastructure like CME and Nasdaq, but stressed 'the convergence is not Hyperliquid becoming CME.'
- Jung noted DoubleZero's service delivers data only—it does not execute trades—and that geographic latency gaps remain, with a Tokyo-based firm still holding a physical advantage over one in New York.
Why it matters: Professional traders can now get dedicated, ordered Hyperliquid order book data over fiber instead of throttled public APIs. The move shrinks the operational gap between onchain markets and traditional venues like CME, but since DoubleZero delivers data only and trades still execute onchain, the competitive edge shifts to latency and geography.
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