Nasdaq approved Pyth Network as a distributor of its market data, allowing real-time stock prices to flow through blockchain infrastructure alongside traditional finance. Robinhood Chain, initially built for tokenized stocks, has become dominated by meme tokens since July, with Rally now providing a distribution layer for creator campaigns and token launches.
DoubleZero discusses Hyperliquid's Edge technology, highlighting that it uses multicast data distribution over dedicated fiber—the same infrastructure used by NYSE, Nasdaq, and CME Group for decades. This approach offers higher stability and real-time machine-readable data feeds without per-stream caps, making it preferable to public websockets for traders running execution, market making, or liquidation monitoring.