DFlow has launched its mobile trading app, DFlow Beta, on the Solana mainnet and announced upgrades following over 250,000 early signups.
Protocol for decentralized order flow markets DFlow has announced the launch of its mobile trading application, DFlow Beta, on the Solana mainnet. Access is now available to about 1,000 chosen customers who took part in the DFlow Phase 0 and Phase 1 pre-season reward programs in the previous several months.
We will make the application available to all users within the next three weeks; by the end of June, it should be generally available to all users. At that point, Phase 1 XP will also begin, rewarding users for redistributing XP.
Designed as a progressive web application (PWA), their mobile application is the first trading client on the DFlow liquidity stack. This allows users to start trading on iOS and Android smartphones.
With the option to register using phone numbers or email addresses and have their Solana wallets automatically created, it provides new users with a streamlined onboarding experience. The accounts are non-custodial and make use of Dynamic’s embedded wallet technology.
With the application’s intelligent token discoverability, users can look for the most relevant tokens instantly. Users can modify trade parameters to personalize their trading experience, and the beta program will add more options as it progresses.
DFlow Announces Major Upgrades After Exceeding 250,000 Early Access Signups
On Solana, the DFlow protocol creates order flow marketplaces, allowing various off-chain entities to sell signals to on-chain programs.
The DFlow protocol plays a significant role in transmitting selling flow toxicity signals to decentralized liquidity venues such as Central Limit Order Books (CLOBs) and Automated Market Makers (AMMs). These venues can then modify their strategies based on the order flow’s toxicity.
Multicoin Capital and Framework Ventures led the $2 million early fundraising round that they obtained in March 2022. Subsequently, Framework Ventures led the project to raise an additional $5.5 million in April 2023, with contributions from investors such as Coinbase Ventures and Circle Ventures, among others.
DFlow recently revealed that more than 250,000 users have signed up for early access and made a number of updates and announcements.
Some of these enhancements include upgrading the algorithm for detecting spam, starting to index wallet withdrawal transfers, scaling up servers to accommodate more deposits, deploying an update to the deposit indexing server to support versioned transactions, and implementing login fixes that only affect a small percentage of users.