U.S.-listed cryptocurrency exchange Coinbase has integrated trading protocol DFlow, allowing traders to exchange value across spot and prediction markets natively on Solana, the companies said on Monday.
Coinbase adding DFlow as its primary router will mean eight times less trade failures. The move also increases liquidity on tokens that were previously untradeable, and improves the prices users receive, according to a press release.
The DFlow aggregator, which services over a million active traders per month, was tapped by prediction market giant Kalshi in December. Coinbase said that before DFlow, roughly one in 30 trades on Coinbase’s Solana product could not be routed due to insufficient liquidity coverage; now it’s one in 250.
In addition, many smaller Solana tokens previously returned “no liquidity” when users tried to sell them. DFlow finds routes that other aggregators miss, turning failed trades into successful ones, particularly on the sell side, according to a press release.
“The best trading experience means trading infrastructure that works 24/7, has the best coverage, and provides the best price. Adding DFlow helps with all three of those,” said Richard Wu, Onchain Trading at Coinbase.