order_flows

order flows

"orderflow nontoxic is when expected future price does not change given the order’s existence; that is, the trade provides no predictive signal for the expected price in the future."

• exclusive order flows
• payment for order flows (pfof)
• projects addressing eof primitives

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cool resources

• a brief history of decentralized order flow acquisition, by valantis labs (2025)
• illuminating ethereum's order flow landscape, by a. lu (2024)
• illuminating trust reliance in ethereum's transaction supply chain, by eden (2024)
• quantifying price improvement in order flow auctions, by bachu et al. (2024)
• the orderflow auction design space, by stephane and ankit (2023)
• mev protection: dex & aggregator anti-mev mechanisms, by p. timofeev (2023)
• everything you need to know about order flow auctions, by tuomikooski and monteiro (2023)
• the toxic orderflow series, by a. nezlobin (2022)