Flowdesk is a trading and technology firm offering token liquidity (market making as a service), OTC and exchange liquidity, and says it is regulated under MiCA in Europe and by VARA in Dubai. It is one of the few market makers with a public retainer price: TreasureDAO’s 2022 proposals show USD 3,500 a month for Sushi plus one exchange, raised to USD 12,500 a month for unlimited venues plus treasury and brokerage services. Current pricing is not published and depends on scope.
Key takeaways
- Self-description: “Full-service trading firm delivering institutional liquidity and OTC trading to digital asset markets. 24/7/365 global service.”
- Public deals on record: 2 (see table).
- No published price list; terms are negotiated per project.
- Disclosure: CEX Ready is not paid by this firm. We may be paid for introductions to other vetted partners.
Flowdesk at a glance
| How it describes itself | “Full-service trading firm delivering institutional liquidity and OTC trading to digital asset markets. 24/7/365 global service.” |
| Type of firm | Trading and technology firm (market making as a service, OTC) |
| Services listed on its website | Token liquidity solutions, exchange and DeFi liquidity, OTC trading (spot, derivatives, credit), ventures |
| Published prices | None found |
| Official website | www.flowdesk.co |
- Flowdesk’s website says it is regulated as a Crypto-Asset Service Provider in Europe under MiCA and as a Virtual Asset Service Provider in Dubai under VARA (the firm’s statement; verify on the regulators’ registers).
Descriptions come from Flowdesk’s own website and documents, checked on 12 November 2026. CEX Ready has no commercial relationship with Flowdesk and is not paid by it.
Public deals on record
From documents published by the projects themselves. Proposals can change before signing; we note outcomes where the source states them.
| Date | Project | Published terms | Status |
|---|---|---|---|
| Sep 2022 | TreasureDAO (MAGIC) | Monthly retainer of USD 3,500 for Sushi plus one CEX, 3 months | Proposal (TIP-17) |
| Dec 2022 | TreasureDAO (MAGIC) | Retainer raised to USD 12,500 a month for unlimited exchanges plus treasury and brokerage services; rolling 3 months | Proposal (TIP-21) |
All public deals across firms: 13 public market-maker deals compared (CSV).
Comparing market makers? Get a second proposal. Get matched with a market maker →
Who it may fit
Flowdesk’s public deal is a retainer where the DAO supplied the capital and kept the trading P&L, which suits projects that want control of inventory and a predictable fee. The TIP-21 report of about USD 2.1M volume and USD 22.5k positive P&L in the first month is a rare public performance datapoint.
Questions to ask Flowdesk before you sign
- What does the monthly fee include: venues, pairs, KPIs, reporting, treasury services?
- Who owns trading P&L and exchange rebates on your inventory?
- Which regulated entity signs the contract, and which licence covers the service you are buying?
- What is the notice period, and how fast is inventory returned on exit?
Then run the same questions past at least two other firms. Our market maker scorecard and proposal comparison guide show how to score them on one sheet, and the cost calculator prices a loan’s option.
Due diligence on any market maker
Search the firm’s legal entity name in SEC, U.S. Department of Justice, CFTC and your own regulator’s enforcement releases and in court records. In 2024–2025 U.S. authorities charged and later convicted several firms that sold “market making” which was in fact wash trading; see market-maker enforcement cases. A contract that bans wash and self-trading, gives you read-only data access, and states KPIs per venue protects you whoever you hire.
Frequently asked questions
Does Flowdesk publish its market-making prices?
No. We did not find a price list on Flowdesk’s website. Public deal terms on record are listed on this page.
What structures does Flowdesk use?
From the public documents on this page: Monthly retainer of USD 3,500 for Sushi plus one CEX, 3 months; Retainer raised to USD 12,500 a month for unlimited exchanges plus treasury and brokerage services; rolling 3 months.
Is Flowdesk the right market maker for my token?
It depends on your stage, venues, treasury and the structure offered. Shortlist three firms of the right type, send each the same scope, and score them on KPIs, transparency, structure and compliance. See how to choose a market maker.
Sources
- Flowdesk official website
- Treasure forum: TIP-17 Market making partnership with Flowdesk (2022)
- Treasure forum: TIP-21 Expanding market making partnership with Flowdesk (2022)
- U.S. SEC press release 2024-166: SEC charges three so-called market makers and nine individuals
Last reviewed 12 November 2026. Exchange and platform policies change; always confirm on the official page before acting.