Kalshi Launches Real-Time Sports And Crypto Perps Order Book Data Feed Through DoubleZero Edge

Real-time order book feed

The companies said the service is designed to provide a machine-readable view of prediction market data without firms having to reconstruct order book conditions from API responses, and Decrypt reported that Kalshi will waive its share of subscription fees during the feed’s first year.

Austin Federa, co-founder of DoubleZero, said data access is a “critical part” of market structure, and Decrypt added that the feed includes Level 1 data showing the best available prices and completed trades plus Level 2 data showing buy and sell orders across multiple price levels.

Cointelegraph reported that Kalshi’s live order book is now available through DoubleZero Edge’s dedicated fiber network, and TradingView said the initiative makes Kalshi the first prediction market to distribute its real-time order book data on sports and crypto perpetuals event contracts.

Institutional access and latency

Decrypt described DoubleZero Edge’s multicast system as sending the same machine-readable data to connected traders simultaneously, and it said the new feed provides formatted data firms can use for pricing, hedging and automated trading.

Andy Ross, Head of Institutional at Kalshi, said in a statement, “They're looking for institutional-grade infrastructure everywhere they trade,” and he added that making market data available over DoubleZero Edge lets Kalshi “meet them where they are.”