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Order Flow Contract
The order flow contract is a DeFi primitive native to the DFlow ecosystem, which grants the purchaser of the contract immediate physical delivery of retail order flow. The order flow contract is like a futures contract in traditional markets, with the main difference being that the underlying is retail order flow.
Note that when order flow contracts are sold in auctions, the market makers bidding on them are bidding on the right to fill future orders. The market makers do not know the exact details of the orders before receiving them. The market makers only know that the orders will conform to the specifications of the order flow contract.

Contract specifications

The order flow contract specifications determine the kinds of order flow the purchaser will receive. Market makers compete by bidding for the right to fill certain grades of order flow. Incoming retail orders are bucketed into one of a set of predetermined contracts. Contract specifications will initially be set by the DFlow team.
The example contract below specifies that the purchaser will receive $50,000 of market orders for SOL / BTC, SOL / ETH, and ETH / BTC, each with a notional size between $100 and $150.
ID
Assets
Batch Notional Size
Order Types
Order Notional Size Range
Exercise
Delivery
12
SOL / BTC SOL / ETH ETH / BTC
$50,000
Market
$100 - $150
Auto-exercises immediately upon auction end
Contract delivers physically in order flow
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