Hyperliquid Gains Professional-Grade Market Data Access

DoubleZero released a suite of five subscription feeds for Hyperliquid on September 24, 2026. The offerings target market makers, quantitative trading firms and automated systems that require reliable, sequenced data streams. Four feeds cover native perpetual futures contracts on the platform along with perpetual markets operated by trade[XYZ] under HIP-3, which include contracts tied to real-world assets such as oil, gold and silver. A fifth feed supplies order intents extracted from the Hyperliquid mempool.

Each feed delivers machine-readable information in a continuous, ordered format across two IP addresses per geographic region. Subscribers access the data without assembling it from multiple public API calls or operating their own nodes. The service forms part of DoubleZero’s broader Edge platform, which now supports Solana and Kalshi as prior venues.

The launch addresses limitations previously reported by users. Changes to Hyperliquid’s public APIs have reduced both the frequency and the depth of order book updates available through those endpoints. Firms previously needed to stitch together data from WebSocket connections and rebuild the full order book themselves. DoubleZero’s fiber-based distribution provides a faster, more consistent alternative.

Infrastructure Built with Ecosystem Partners

The Hyperliquid feed was developed in collaboration with validator operators and partners including Hyperion DeFi, MAVAN and Kinetiq. The infrastructure incorporates a distributed vantage point in Tokyo to observe activity from multiple locations within the network. DoubleZero co-founder Austin Federa described the development as linking on-chain price discovery with professional trading infrastructure.

“Price discovery is moving onchain, and Hyperliquid has become one of the places where it happens,” Federa said in the announcement. He noted that the feeds support algorithmic strategies and AI agents that rely on structured order-book information.

Hyperion DeFi CEO Hyunsu Jung, a participating ecosystem partner, emphasized the alignment with patterns used by traditional exchanges. The service demonstrates how on-chain markets can adopt the same publish-once, distribute-simultaneously model already standard for professional data distribution.

Trade[XYZ] Markets Expand the Feed

trade[XYZ] operates HIP-3 markets on Hyperliquid infrastructure, creating perpetual contracts linked to traditional assets. These differ from standard futures by remaining open indefinitely, with funding rates maintaining alignment to the reference asset. The inclusion of these contracts in the DoubleZero feeds gives subscribers access to commodity-linked data beyond crypto-native pairs.

Hyperliquid reported more than $662 billion in total trading volume during the second quarter of 2026. trade[XYZ] accounted for a significant share of HIP-3 activity in the same period. The dedicated feeds are positioned to support trading participants in these extended markets, particularly when traditional exchanges are closed.

DoubleZero noted that oil and other assets continue to trade on these platforms outside regular hours. The ordered data stream helps firms manage hedging and pricing decisions across the combined native and HIP-3 offerings.

Implications for On-Chain Trading Infrastructure

Hyunsu Jung compared the convergence in market-data distribution to practices at CME, Nasdaq and other traditional venues. Firms can now receive consistent, high-speed updates without rebuilding the order book internally. However, execution remains on-chain, so physical proximity to infrastructure still influences latency for some strategies.

The Tokyo vantage point in DoubleZero’s network provides one example of how distributed access can serve global participants. Jung stressed that the development does not equate to Hyperliquid adopting the full trading model of legacy exchanges. Instead, it shows on-chain venues incorporating the data infrastructure already used by professional firms.

Subscribers receive sequenced market data without executing trades or placing orders. The service functions as a read-only distribution layer. Pricing and full technical details remain available directly through DoubleZero’s platform for those interested in subscribing.

Broader Context for Decentralized Derivatives

Hyperliquid’s HIP-3 framework enables external teams to launch perpetual markets tied to real-world assets. The inclusion of these contracts in the new feeds reflects continued expansion of on-chain derivatives beyond cryptocurrency pairs. DoubleZero’s Edge platform continues to serve as a centralized distribution point for select venues, supporting the shift toward professional-grade tools in decentralized finance.

The development follows earlier launches on Solana and Kalshi. It adds another major venue to the service and underscores growing interest in reliable data feeds as trading volume on platforms like Hyperliquid increases. Firms relying on automated systems will now have access to a more predictable data pathway for monitoring bids, offers and trade intents.