✳flâneur — a map of the web's best reading

Dual Flow Batch Auction

jumpcrypto.com · 5,024 words · saved by 1 readers

The architecture of DeFi exchanges has largely evolved in parallel with that of underlying layer 1 blockchains. New designs have emerged to better utilize the benefits of an underlying chain while seeking to address the constraints of existing designs: Each generation has been fit for purpose in its day, but none simultaneously delivers: Enter the Dual Flow Batch Auction (DFBA). We propose a design that separates orders into maker and taker groups, matching them in two independent auctions every ~100 ms, with each auction filling everyone at a single fair clearing price. DFBA removes arrival-time privilege, blocks liquidity providers trading against each other and shifts competition away from nanoseconds to basis-points. Makers quote tighter because adverse selection is curtailed; takers receive fair, uniform pricing without paying the hidden tax of latency arbitrage or MEV reordering. In this piece, we argue that an appropriately implemented DFBA inherits the best ideas of its predec

Dual Flow Batch Auction Beware of scams impersonating Jump Trading Group. We only communicate through our official accounts . Connect  Trade Build Invest Insights Connect  Blogs August 21, 2025 Dual Flow Batch Auction DFBAs, a better alternative for market makers and natural-flow traders ... Date August 21, 2025 Read time 18 min Continuous Limit Order Books (CLOBs), while cornerstone market structures in traditional finance, face significant challenges on blockchains. Their reliance on continuous matching and time-priority opens the door to latency arbitrage, MEV exploitation, and adverse fl

Explore this link on the map →

related reading