Excited to share that Flint is now part of @SolanaFndn's Frontier Traders!
Reminder: Flint makers pay $0 fees, and are now eligible for the $15K spot rebate pools.
As we cross 300M CC locked, we wanted to look back at what Cashen set out to build at launch. Chapter One is out.
A founder essay written by Luke in June 2026, on how Cashen became the credit layer of Canton, and what comes next.
Read: https://t.co/7g3QExefzJ
Flint runs a propAMM on-chain.
propAMMs have taken real share of Solana spot volume for a simple reason: the maker owns the inventory and the quote, instead of a passive curve owning both.
@thedavidgorski breaks down how they work 👇
I'm excited to share what we have been building for the last few months: Flint, a live prop AMM that streamlines quoting on Solana.
Why Solana? The volume and the users are already here.
📊 Solana was the top chain for DEX volume on all but six days in 2026, capturing roughly 54% of global spot DEX volume over the last six months. Monthly active addresses sit at 35.1M.
So the demand is proven. The barrier is technical. Building a serious latency-sensitive trading system on Solana means knowing the whole stack: RPC architecture, transaction landing, priority fee markets, account management. All before you've even priced a quote.
We built Flint to remove that barrier. Market makers bring their pricing and risk model, pick a quoting style, and plug into our client library. Flint handles quote generation, transaction building, and infrastructure from there.
This is just the beginning. My cofounder @theDavidGorski, the team, and I are excited to show how this architecture and our philosophy extend across new markets and products.
Six months ago, @Josh_E_Wa and I started @flint_trade_ with support/guidance from @Ergonia_.
Our goal: build the next-generation of DeFi on Solana by specifically targeting the current shortcomings.
Since then, we've built a killer team and with their help, laid the foundation for a suite of upcoming programs, services and tools which will unlock the power of Solana for more users than ever.
Very proud to show off our first offering: an end-to-end system which provides access to Solana flow via active liquidity provision mechanisms. The shortcoming addressed here is the necessity to build out Solana-specific infra and talent in order to provide active liquidity on-chain.
@flint_trade_ abstracts away the nuances of the chain like gas, fees, and transaction landing; letting market makers focus solely on pricing and inventory. This is a massive unlock. While there is a fair amount of active liquidity on Solana already, magnitudes more waits on the sideline due to the overhead cost. No more; I believe we'll see that the depth we've had so far is not depth.
A key aspect of the design exemplifies how we think about solutions in the space. While 'nice-to-have' parts of the system are off-chain, the core, the soul, the essence is on-chain. That is something we don't want to compromise on; real DeFi is on-chain and protocols should not incur 'downtime' because 'our' servers go down.
Another thing I/we deeply believe is that the power of real decentralization, composability, transparency and verifiability should speak for itself; a good product is a good product because of its actual domain-specific merits; not just because it's built on a particular platform. For us, Solana is the platform that enables that merit; it's not just a name to tweet mindlessly.
The last while has been very heads-down for me; moving from the infra layer building the block engine and BAM at @jito_labs into the layer-spanning domain between infra and product; has been incredibly brain-stretching but rewarding. Feels great to be applying everything I've learned in the trading and blockchain space in a holistic fashion.
This is just the start; many exciting things lie ahead. Super excited to be more public with this; hoping to write more about the journey.
Always looking for feedback and guidance; so feel free to reach out.
- David🫡
How Flint works
The book lives on-chain. Matching and settlement both happen in the Solana program; no off-chain engine holding the real state. The server is an edge, not a sequencer: landing, market data streams, analytics.
@thedavidgorski on the full system 👇
@FlintTrade makes quoting on Solana as simple as quoting anywhere else. Market makers no longer need dedicated solana infra or talent to participate, they just show up and quote
Governance requires enforcement. Adherence requires capital.
Introducing Cashen's Delegated Lock Marketplace.
Secure the locked CC you need.
Get compliant by June 19th FA locking deadline.
Onboard now ⤵️
https://t.co/JqU8e9h8wj
Governance requires enforcement. Adherence requires capital.
Introducing Cashen's Delegated Lock Marketplace.
Secure the locked CC you need.
Get compliant by June 19th FA locking deadline.
Onboard now ⤵️
https://t.co/JqU8e9h8wj
SUI is now listed on @Solana via Sunrise.
You can trade SUI, the native token of @SuiNetwork, against Solana assets.
If you hold SUI outside Solana, you can move it onto Solana — and back — through Sunrise.
💧
AVAX, the native token of Avalanche, is now listed on @Solana.
You can now trade @avax against Solana-native assets.
If you hold AVAX outside Solana, you can move it onto Solana and back through Sunrise.
Today, Solana goes TradFi.
Hundreds of tokenized stocks & ETFs are now live on @solana, bringing the full TradFi portfolio to crypto’s largest trading ecosystem.
Millions of Solana users can now access Wall Street-grade liquidity across 200+ assets, including tokens tracking:
✅ Stocks across all sectors
✅ ETFs, market indexes, and sector funds
✅ Gold, silver, oil, strategic metals
✅ Treasury and corporate bonds
✅ Leveraged and inverse ETFs
✅ & more
Ondo Global Markets is how trillions in value connect to internet capital markets.
I’ll be at Breakpoint this year
I like to stay at my desk and focus on trading usually - but this seems worth it
If you are a trader, engineer, or quant in crypto - especially DeFi - come find me - plenty of hiring for Ergonia happening
If you aren’t any of those things - but you are pleasant interesting or have some questions I can help with - come say hi anyhow
While the longer-term directional bias remains clearly bearish, the severity of October’s liquidations has prevented traders from maintaining sustained short positions with conviction, resulting in a market dominated by tactical, short-term momentum trades rather than committed directional exposure - @CryptoDeFiGuy
https://t.co/VM4hfKR7gK