The startup has developed a DeFi platform that utilizes an optimal routing algorithm to execute protocol logic synchronously before and after trades, minimizing market impact on large transactions. By rebalancing vaults and bridging tokens, the platform enables users and developers to automate smart contract logic deployment efficiently.
Funding
$5.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traders and protocols in the DeFi space often face challenges in achieving optimal execution prices and minimizing market impact, especially when dealing with large transactions across decentralized exchanges (DEXs). Existing solutions may lack efficiency in routing trades and deploying smart contract logic, leading to increased trading costs and complexities.
Solution
Flood is a DEX aggregator that provides an optimal routing algorithm to execute protocol logic synchronously before and after trades, minimizing market impact on large transactions. The platform enables users and developers to automate smart contract logic deployment efficiently by rebalancing vaults and bridging tokens. Flood's fulfiller guarantees the best possible execution prices, and redistributes trading surplus (arbitrage) to users. The platform supports gasless trading and MEV protection.
Target Audience
Flood targets DeFi traders, protocol developers, asset managers, and wallet providers seeking efficient trade execution, reduced costs, and advanced automation capabilities.
Features
- Optimal routing algorithm for best execution prices across DEXs
- Synchronous execution of protocol logic before and after trades
- Gasless trading via signature-based transactions
- MEV protection and redistribution of arbitrage profits to users
- Support for custom zones, allowing fee application and revenue optimization
- SDK for wallet providers to enable in-wallet trading
- API for protocol developers to execute protocol logic