Skip to main content
FlowState gives market makers and professional traders a programmatic way to make token inventory available to external buyer demand without pricing the fill through a C1 bonding curve. The product is useful on both sides of a professional strategy: firms can originate sell-side inventory into C1 and can also integrate C1 as an execution source when they are filling buyer demand elsewhere.

Sell-side inventory use cases

Inventory unwind

A trading firm that accumulates token inventory from market making, OTC activity, client flow, strategic acquisition or another venue can make part of that position available through C1. The inventory is not forced into one immediate market order. It remains in the C1 Pool and is progressively consumed as external buy demand reaches the pool.

Client or project inventory

Market makers that manage inventory on behalf of projects or professional clients can use C1 as one available distribution path, subject to their mandate and commercial arrangement.

Cross-venue inventory management

A professional system can compare the C1 oracle-derived rate with executable prices elsewhere and decide whether to acquire, hold, hedge or distribute inventory across venues. A price difference alone does not establish a profitable strategy. Fees, gas, inventory timing, anchor conditions, market movement and the ability to unwind every leg must be included in the decision.

Integration characteristics

Single-sided inventory

Deposit only the token being offered. The strategy does not need to provide matching quote-side LP capital.

Oracle-derived execution

C1 uses the current oracle-derived rate subject to the pool’s execution protections.

Programmatic interface

Bots can discover pools, query approved quote assets, simulate quotes and interact with the Market’s execution surface.

External distribution

Aggregators, intent systems, RFQ paths and other execution partners can consume the same underlying C1 inventory.

Bot integration

A professional bot can:
  • monitor per-token C1 Pools and available inventory
  • query quoteBuyFromPool(pool, asset, amount) for supported buy-side execution
  • deposit or withdraw seller inventory
  • track progressive fills and per-asset settlement proceeds
  • react to execution events and rebalance inventory or hedge positions elsewhere
A C1 quote reflects current state rather than reserving inventory. Systems should simulate close to settlement, handle unavailable routes as normal outcomes and keep alternative execution logic where required.

Optional hedging

Where suitable hedge venues exist, a market maker may combine C1 inventory with spot, futures, perpetual or other risk-management positions. C1 does not create a hedge automatically and does not remove the market risk of holding the underlying token while inventory remains unfilled. Strategy economics can depend on:
  • inventory acquisition cost
  • hedge execution and maintenance cost
  • funding rates and basis
  • applicable C1 fees
  • execution timing and fill rate
  • market movement while inventory remains unfilled

C1 as a buy-side source

Professional traders can also consume C1 inventory when acting on behalf of buyer demand. In that case C1 is simply another source in the execution stack alongside AMMs, RFQ venues and proprietary inventory. This is the smaller part of FlowState’s market story but a critical part of the network: professional execution paths help connect seller inventory to demand that already exists.

Commercial participation

Market makers and trading firms that contribute routing, execution, inventory origination or integration value may enter separate commercial arrangements with FlowState. Terms are agreed per partner.

Get started

See Integration Overview for the technical entry points or contact partnerships@flowstate.exchange for partner discussions.