TxFlow, a new fully onchain CLOB DEX for spot, perps, and prediction markets, launches with a $3K USDC trading campaign and volume-based reward tiers through Oct 29.
DeFi & Yields ·
TxFlow, a fully onchain central limit order book (CLOB) exchange supporting spot trading, perpetual contracts, and prediction markets, has launched a trading campaign distributing 3,000 USDC in rewards through October 29. The campaign operates on volume-based tiers, ranging from 2 USDC in fee credits for 5,000 USDC in taker volume to 300 USDC for traders reaching 4 million USDC in volume. The protocol reports no prior funding rounds or investor allocations.
The exchange distinguishes itself through transparency: all orders, cancellations, fills, and liquidations execute as public onchain transactions verified through a DAG-based Byzantine Fault Tolerant consensus mechanism rather than relying on centralized operator infrastructure. Matching, clearing, and margin updates settle atomically within a single state machine, eliminating partial or out-of-sync state conditions that can arise on traditional systems.
The campaign runs from October 22 at 16:00 UTC through October 29 at 23:59 UTC, with rewards allocated by achieved taker volume milestones. Whether TxFlow will sustain trading volume and user adoption following the initial promotional period remains unclear.