Kalshi Partners with DoubleZero to Launch Real-Time Market Data Subscription Service

According to Decrypt, U.S. prediction market platform Kalshi announced the distribution of its real-time order book data via DoubleZero's DoubleZero Edge network, offering subscription services to institutional trading firms. The initial data set includes Kalshi's sports event contracts and crypto perpetual contracts, featuring Level 1 data that displays the best bids and trades, as well as Level 2 data with multiple levels of buy and sell orders. The data is transmitted in a machine-readable format via multicast synchronization and can be used for pricing, hedging, and automated trading. Kalshi stated that it will waive its own data licensing revenue share fees for the first year, with subscription fees primarily covering network transmission costs. DoubleZero noted that this move provides prediction market participants with professional-grade market data infrastructure similar to traditional finance.