DoubleZero launches fiber market data feed for Hyperliquid — SkimNews
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- DoubleZero launched a dedicated fiber market data feed for Hyperliquid, delivering a continuous, ordered stream of the DEX's full order book to market makers, quantitative trading firms, and proprietary trading desks.
- The feed covers Hyperliquid's native perpetual futures and trade[XYZ] markets — which offer perpetual contracts tied to oil, gold, and silver — and was built with validator partners Hyperion DeFi, MAVAN, and Kinetiq.
- Hyperliquid's public APIs previously required firms to self-assemble order book data or run their own nodes, and DoubleZero said recent API changes have cut the frequency and depth of public updates.
- Hyperliquid is the third venue on DoubleZero's Edge market-data service, following Solana and prediction market Kalshi.
- Hyperion DeFi CEO Hyunsu Jung drew a parallel to CME and Nasdaq distributing professional data over dedicated networks, but stressed DoubleZero only delivers market data — not co-location or execution — and physical latency gaps like Tokyo versus New York remain.
Why it matters: Professional trading firms can now consume Hyperliquid's full order book over dedicated fiber instead of self-assembling data via public APIs or running their own nodes — a workflow modeled on CME and Nasdaq. The catch: DoubleZero only delivers data, not execution, so latency-sensitive firms in Asia still hold a physical edge over U.S. counterparts.
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