Memecoin trading has gained popularity, with platforms like Pump Fun and Sun Pump facilitating millions of trades.
Algo traders and trading bots require low latency to react to market events faster and gain a competitive advantage.
Challenges in obtaining on-chain data with low latency include high data throughput, decoding and transforming blockchain data, real-time database performance, latency in distributed infrastructure, and network and I/O bottlenecks.
Low-latency solutions for obtaining memecoin data include streaming via GraphQL subscriptions and distributing streaming with Kafka.