We purpose-built Sonic to reduce the time it takes to read and write data from the network with minimal latency. Compared to Go’s standard net package, Sonic achieves 5x to 50x lower latency on average to process incoming data from the network. Furthermore, Sonic gives us the control to ensure double-digit microsecond latency for our gateways. Today, we’re announcing that we’re open-sourcing the project.

Our analysis reveals that the price slippage for institutional-sized market orders for bitcoin (BTC) and ether (ETH), as well as some alt coins, would have been consistently higher if executed on an individual exchange versus through Talos’s liquidity-aggregating smart order router (SOR).

The authors observed that as institutional investors set up their digital assets operations, their knowledge of operational setups from traditional finance did not easily apply to digital assets. The abundance of new solutions in digital assets make vendor discovery and vendor connectivity (i.e., ensuring that all vendors work together smoothly) challenging. This comprehensive onboarding guide seeks to address that knowledge gap. It is a repository of information and best practices distilled from their interviews with over 100 vendors and managers.