Hyperliquid traders gain access to professional-grade fiber data through DoubleZero
Professional trading firms now have access to Hyperliquid's order book through DoubleZero's newly introduced market data feed over dedicated fiber, as blockchain-based trading infrastructure continues to mirror traditional financial markets.
A new dedicated market data feed for Hyperliquid has been introduced by DoubleZero, enabling professional trading firms to receive the decentralized exchange's complete order book through fiber connections instead of relying on its public APIs.
Hyperliquid's native perpetual futures along with markets managed by trade[XYZ] are included in the feed. Trade[XYZ] leverages Hyperliquid's infrastructure for offering perpetual contracts linked to commodities such as oil, gold and silver. Collaboration with validator operators and ecosystem participants including Hyperion DeFi, MAVAN and Kinetiq enabled the development of the Hyperliquid feed.
According to DoubleZero, the service provides an uninterrupted, sequentially ordered flow of market data tailored for market makers, quantitative trading operations, and proprietary trading firms requiring more rapid and reliable order book updates.
Before this development, firms needing a comprehensive picture of Hyperliquid's order book were required to compile the data independently using public API responses or run their own Hyperliquid nodes. According to DoubleZero, modifications to Hyperliquid's public APIs have diminished both the frequency and the depth of updates accessible through those channels.
A global fiber network operated by DoubleZero is engineered to facilitate rapid data transmission among participants in blockchain networks and other distributed systems. Following Solana and prediction market Kalshi, Hyperliquid represents the third venue accessible via its Edge market-data service.
Onchain market infrastructure starts to resemble traditional exchanges
According to Hyperion DeFi CEO Hyunsu Jung, Hyperliquid's market data infrastructure is starting to mirror the systems employed by traditional electronic exchanges as professional trading activity migrates onchain.
In statements to Cointelegraph, Jung explained that CME, Nasdaq and other leading exchanges deliver professional market data through dedicated networks, enabling automated trading firms to obtain a reliable stream of sequenced data at elevated speeds.
Hyperliquid data can now be consumed through the same basic model: publish once, distribute simultaneously over dedicated fiber.
Nevertheless, substantial distinctions persist. Traditional exchanges permit trading firms to position their systems in close proximity to the infrastructure handling trade execution, whereas Hyperliquid processes trades onchain. DoubleZero's service exclusively delivers market data; it neither places nor executes trades on behalf of firms.
So the convergence is not Hyperliquid becoming CME. It is onchain markets adopting the market-data infrastructure that professional trading firms already use.
Jung emphasized that the service does not remove latency variations: "A firm in Tokyo will still have a physical advantage over one in New York."