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FollowingDoubleZero launches a dedicated market data service for Hyperliquid to help professional institutions trade efficiently
DoubleZero has launched a market data feed service specifically designed for Hyperliquid. The service allows professional trading firms to directly access the complete order book of a decentralized exchange (DEX) over a fiber-optic network rather than relying on its public API interface.
The data feed launched this time not only covers Hyperliquid's native perpetual contract market, but also markets operated by trade[XYZ]. The latter leverages Hyperliquid's infrastructure to provide perpetual contracts linked to assets such as oil, gold and silver. The Hyperliquid data feed project was developed in conjunction with verification node operators and ecosystem partners, including Hyperion DeFi, MAVAN and Kinetiq.
DoubleZero stated that the service aims to provide market makers, quantitative trading companies and proprietary trading companies with a continuous and orderly flow of real-time market data to meet their needs for faster and more stable orderbook updates.
Previously, trading companies seeking to obtain a full order book view of Hyperliquid had to assemble data themselves through public API responses or run their own Hyperliquid nodes. DoubleZero pointed out that changes to the Hyperliquid public API have resulted in a decrease in the frequency of updates and data depth obtained through the channel.
DoubleZero operates a global fiber optic network designed to accelerate the transfer of data between blockchain network participants and other distributed systems. Hyperliquid has become the third access point for its Edge Market Data service, which previously supported Solana and Forecast Market Kalshi.
链上市场基础设施趋同传统交易所模式
随着专业交易活动逐步向链上迁移，Hyperliquid的市场数据基础设施正逐渐呈现出与传统电子交易所相似的特征。Hyperion DeFi首席执行官Hyunsu Jung对此表示认同。
Jung在接受Cointelegraph采访时指出，芝加哥商品交易所（CME）、纳斯达克（Nasdaq）等主要交易所均通过专用网络分发专业市场数据，使自动化交易公司能够以高速接收一致且有序的数据流。
“现在，Hyperliquid的数据也可以通过相同的基本模型进行消费：一次发布，同时通过专用光纤网络分发。”他解释道。
然而，两者之间仍存在显著差异。传统交易所允许交易公司将交易系统部署在靠近处理交易的基础设施附近，而Hyperliquid的交易执行则发生在链上。此外，DoubleZero的服务仅负责提供市场数据，并不代为下单或执行交易。
因此，Jung强调：“这种融合并非意味着Hyperliquid正在变成CME，而是链上市场正在采用专业交易公司已在使用的数据基础设施。”
他补充道：“这并未消除延迟差异。位于东京的公司相比位于纽约的公司，仍将拥有物理距离上的优势。”
