Your order is only as fast as the chain it settles on.
Traditional BFT depends on one leader per round. If that node stalls, so does every new block.
TxBFT runs every validator in parallel, skipping a missing leader without breaking the one agreed sequence.
$2b in august, nearly double july. deposit fees zero on every network. openzeppelin came back zero critical, zero high. 10 perps, 15 spot pairs.
no token, no points, no emissions behind it. all onchain, verify it yourself.
most of what shipped was stuff you told us was annoying. keep telling us.
TL:DR
> @TxFlow_L1, merkezi olmayan bir borsanın iki şeyi aynı anda yapması gerektiğini söylüyor:
1-işlem sırası üzerinde anlaşmak
2-bunları canlı bir emir defteri için yeterince hızlı işlemek.
>Klasik BFT’de tek lider darboğaz oluyor; özellikle piyasa ani hareket ettiğinde (iptal, likidasyon, emir yağmuru) ağ yavaşlıyor.
>TxBFT bunu DAG ile çözüyor: validatörler işlem paketlerini paralel paylaşır, tek bir lidere bağlanmaz.
Hedef: 250.000 TPS.
>Özetle: Sıra + hız. Perpetual borsa için Bitcoin tarzı “20 dakika bekleyin, belki kesinleşir” modeli yetmez; anında kesinleşen ve ani yükü taşıyabilen bir konsensüs lazım. Henüz erken aşamada olduklarını da belirtiyorlar.
Two weeks into August, a few milestones crossed and a stack of updates shipped.
Here's everything, summarized:
1. Crossed $3,000,000,000 in cumulative trading volume
2. Reached 5,000 total traders
3. Deposit fees cut to 0 USDC on all networks, withdrawal fees cut by up to 90%
4. TxFlow now tracked on @CoinMarketCap
5. Trader Royale 2.0 wrapped, with $178M in total volume traded and $7,200 in fee credits unlocked from the prize pool
6. App 1.3 went live with improvements to both user experience and performance
7. More funding rate information now available on the trading page
8. $CASHCAT, $DRAM and $NBIS listed for trading
9. Trade & Unlock is back with a prize pool of up to 8,000 USDC
10. Hosted our first Community Hangout on Discord, joined by Edwin from @ProblyHQ
11. Trade history now shows the 300 most recent records
And that's the first half of the month. As always, we couldn't have done it without you.
See you at the next milestone.
We've heard your feedback on fees this week. Here's our answer:
→ 0 USDC deposit fee on all networks. TxFlow absorbs the gas
→ Withdrawal fees cut by up to 90%
→ First withdrawal to a new address costs 1 USDC to prevent sybil abuse
CAN TXFLOW BE MORE ON-CHAIN THAN HYPERLIQUID,
AND MORE TRANSPARENT THAN LIGHTER?
▫️ALSO @TxFlow_L1 AIRDROP FARMERS, PAY ATTENTION!
▫️THIS ARTICLE ALSO TELLS YOU: HOW TO EARN POINTS FROM TXFLOW!
👇
https://t.co/7FI72flIif
👉First, let me briefly summarize the article:
> TxFlow is trying to position itself as the “most transparent / most verifiable perp DEX.”
> In other words, orders, positions, TP/SL settings, margin changes, and liquidations are written to the blockchain.
👉So what should we take from this article regarding the TxFlow product?
>Transparency: Orders cannot be changed afterward. >Verifiability: Every transaction can be checked from the block.
>Decentralization: Even the order book is kept on-chain.
>Weak privacy: Anyone who knows your wallet can see your positions.
👉So what can we infer from this article from an airdrop perspective?
>It will be easier for the team to separate real traders from others.
>Detecting wash trading becomes easier.
>Data such as TP/SL, margin changes, and order behavior may be used in scoring.
>It is no longer just volume; trading quality can also be measured.
🗨️Final sentence: This article is technically a strong signal.
>>Especially the sentence “order placement, matching, margin, liquidation are part of the chain state” is important, because in most perp DEXs at least the matching engine is not fully on-chain.
>>If they can actually make this work on mainnet in this way, we can position TxFlow as a project that is more on-chain than @HyperliquidX, and has a transparency narrative closer to @Lighter_xyz but more aggressive.
TxFlow on CoinMarketCap, day one of public tracking:
$55M 24h perp volume
$12M open interest
fully onchain CLOB, still invite-only
the scoreboard is public now. watch the numbers, not the words.
https://t.co/YqtGd9HYlI
Just read the july @TxFlow_L1 article and went to check metrics
They’re not dropping some boring routine monthly update - they’re actually showing real growth. Perfect example of how to move fast
Quick recap of July progress:
- Daily volume grew from $46M to $66M
- Open interest increased from $7.5M to $13.9M
- Daily traders went from 473 to 1,028
- Daily fees rose from $9.3k to $18k
Most of the key metrics basically doubled and this is during summer, one of the worst times for crypto overall
Points program isn’t live yet, but you can already start earning them retrospectively
I feel like autumn is gonna bring the usual massive metrics pump, which means farming points will get way harder. This month is the best time to jump in and be early
5% fee discount code: TXPHILA
You can already clearly see TxFlow is aiming for top spots in perps, so community token distribution should be solid
Remember - being early always pays better than showing up when the perp is already at peak hype
Most protocol write-ups tell you what they’ve built. This @TxFlow_L1 piece also tells you what they haven’t, and that’s why it’s worth reading.
Three things stand out:
1️⃣ A real price-time priority CLOB, not an AMM formula standing in for a market. Orders, cancels, matches, and liquidations all land onchain, verifiable in the explorer.
2️⃣ Liquidation runs in stages: IOC reduction first, then backstop via the Liquidator Vault, with ADL only in the extreme case. And ADL isn’t socialized. It ranks opposite-side traders by PnL% and leverage. No open position, no haircut.
3️⃣ The rare part: honesty about trust. The sequencer is a single node today (can delay, reorder, refuse txs). Withdrawals route through Arbitrum via a single signer. Neither is hidden. Each comes with a milestone you can hold them to: sequencer witness targeted Q3 2026, multi-sequencer H1 2027, MPC withdrawal auth Q4 2026.
Writing your trust assumptions down as a verifiable roadmap carries more information than claiming “fully decentralized.” This is a testable thesis, not a settled conclusion.
Personal thoughts only. DYOR.
TIP is often read as a technical spec, but the bigger idea is that it's the grid for onchain finance.
Think about electricity before the power grid:
Before the grid, every factory built its own power plant, maintained it, fueled it, staffed it, and rebuilt the same thing from scratch every time.
The grid removed that pain.
New factories could just plug in and get full power from day one.
TIP does the same thing for markets on TxFlow.
Not for power, but for:
→ market setup
→ order matching
→ accounts and margin
→ collateral and settlement
Every market built to TIP runs on the same system. And it's already live:
→ TIP1, spot. 9 pairs including BTC, ETH, and SOL.
→ TIP2, perps. 150+ perpetual markets.
→ TIP3, prediction markets. 7,000+ markets running now.
Spot and perps brought in the market makers and the users, so when prediction markets launched, all of that was already there. The next market will inherit everything all three have built.
The pattern everywhere else is that growth fragments liquidity.
On TxFlow, growth compounds it.
You've been trading on TxFlow. Now, meet the team behind it.
Our first ever 𝕏 Space is happening 23 July, 3:30 PM UTC with @Harry_TxFlow, Co-founder and Head of Ecosystem at TxFlow.
Not one to miss ↓
Liquidity works better as shared infrastructure than as a moat.
That's TxFlow's approach: every product on the chain builds on the same liquidity layer, instead of each one starting from zero.
@TokenInsight broke down how it works ↓