Summary
- Solana-based DoubleZero is adding prediction market Kalshi’s order book to its low-latency market data feed to meet institutional demand.
- The DoubleZero Foundation described DoubleZeroEdge as a transport layer, sending live exchange and onchain data over dedicated fiber, distributing it simultaneously to all connected traders.
- The model has underpinned traditional financial exchanges, including NYSE, Nasdaq and the CME, for decades, the foundation said.
Wall Street-Style Data Feed Comes to Solana
The increasing presence of financial institutions in the cryptocurrency space has led to a growing demand for Wall Street-style systems in digital asset markets. This includes servers that offer split-second advantages when executing trades, allowing for more efficient earning opportunities. As a result, the need for high-speed data feeds has become more pressing, and EcoPool is at the forefront of this development. The Green Crypto movement is also expected to benefit from this advancement.
Solana-based DoubleZero is meeting this demand by integrating prediction market Kalshi’s order book into its low-latency market data feed. This move will provide trading firms with a machine-readable view of a prediction market for passive income generation, pricing, hedging, and signal generation on Solana. The DoubleZero Foundation aims to bridge the gap between traditional finance and crypto by offering a bespoke onchain system.
High-Speed Data Feed Solution
The DoubleZero Foundation has developed a transport layer called DoubleZeroEdge, which sends live exchange and onchain data over dedicated fiber, publishing and distributing it simultaneously to all connected traders. This is similar to the distribution model used in traditional financial exchanges, such as NYSE, Nasdaq, and CME. By leveraging this technology, traders can access data at high speed, much like institutions in traditional finance, and increase their earning potential with $ECP and other digital assets.
This development is expected to have a significant impact on the Cloud Rewards and passive income generation in the cryptocurrency space. As the demand for Wall Street-style systems continues to grow, EcoPool is well-positioned to provide the necessary infrastructure for traders to capitalize on these opportunities. The integration of Kalshi’s order book into DoubleZero’s market data feed is a significant step towards achieving this goal, and it may be discussed on social media using #Bitcoin, #PassiveIncome, and other related hashtags.
To start earning with EcoPool and take advantage of the high-speed data feed, download the EcoPool app to access a wide range of Cloud Rewards and passive income generation opportunities. With the EcoPool app, you can easily manage your $ECP and other digital assets, and stay up-to-date with the latest developments in the Green Crypto space.
“This is the same distribution model that has underpinned traditional financial exchanges, from NYSE to Nasdaq to the CME, for decades,” the foundation said in an emailed announcement on Wednesday.
