The DoubleZero Foundation is rolling out the public beta of DoubleZero Edge, its permissionless platform for delivering ultra-fast onchain market data, according to an announcement on Thursday. 

The move marks a milestone for the DePIN project, which aims to provide the physical infrastructure for the modern internet and blockchain age. 

In short, DoubleZero is building a decentralized global fiber network optimized for low-latency distributed systems, particularly blockchains. Edge will start off by delivering a real-time feed of raw Solana block data, called "shreds," though it is built to support other networks and information sources like centralized exchanges and prediction markets.

“Traditional finance has spent decades building infrastructure where speed and deterministic performance are a real competitive advantage,” DoubleZero co-founder Andrew McConnell said. “Onchain markets didn't get that foundation, which left even sophisticated trading firms working on uneven ground. Deterministic infrastructure removes a risk market makers have to price in, which leads to tighter spreads and better execution.”  

DoubleZero was founded by McConnell, Mateo Ward, and Austin Federa, formerly of the Solana Foundation.

Federa told The Block the idea for DoubleZero was partially inspired by the fact that even modern blockchains like Solana typically send information, like incoming blocks, over the public internet. This introduces variable latency, jitter, and complexity that degrade performance for firms that rely on speed advantages. 

DoubleZero’s physical fiber network and incentivized validators reportedly deliver Solana shreds to clients with an average 6 millisecond advantage. This is boosted during periods of high block congestion, where DoubleZero Edge has delivered shreds up to 20 milliseconds faster in Europe, 80 milliseconds faster in the U.S., and over 100 milliseconds faster in Asia, the announcement claims. 

Major Solana infrastructure providers Jito, Temporal, Staking Facilities, and Triton have joined as Edge participants, meaning the service provides shreds from validators running every major Solana client. Edge boasts 350 data publishers at launch, according to the announcement. 

Validators are incentivized to publish to Edge as an additional revenue stream. The announcement notes that traders pay for the data feeds through a “validator-aligned subscription model.”

In March 2025, DoubleZero Foundation announced it raised $28 million in a token round co-led by Multicoin Capital and Dragonfly Capital. Core contributors to DoubleZero include R&D firm Malbec Labs, also co-founded by Mateo Ward, and Jump Crypto. 

The Securities and Exchange Commission wrote DoubleZero a no-action relief letter last year, stating it would not recommend an enforcement action related to its 2Z token distributions.