CSP DAO Project Review: Fluid

Published in

Investments & Partnerships

3 min readMar 22, 2022

Fluid is an AI-based smart order routing protocol and cross-chain liquidity aggregator enabled by FLUID’s proprietary hedging pool providing high throughput at ultra-low costs, ultra-low latency, and zero counterparty risk.

Many physical and digital assets will be tokenized in the future. FLUID intends to capitalize on the multi-trillion-dollar tokenized market volume potential across spot, futures, derivatives, synthetics, STOs, tokenized assets and more.

Fluid’s mission is to enable access to aggregated liquidity across centralized and decentralized venues.

HOW THE PLATFORM WORKS

The FLUID platform works by:

Plugging into exchange customers’ APIs
Combining liquidity from top CEXes, DEXes, and Market Makers into the universal FLUID global order book
All clients (member exchanges, institutions, etc.) can access the FLUID proprietary global order book and display it to their traders.
Instantly increasing deep liquidity for all member exchanges, liquidity seekers and providers.

The FLUID platform provides:

Optimal auto-execution of transactions via the quantitative algorithm, intelligent order matching engine, and smart order routing
Automated workflows for Proof of Assets and Proof of Solvency, recorded on an immutable ledger
A record of all relevant data on a Federated side chain, including KYC/AML information for FINCEN/FATF “Travel Rule” compliance

TOKEN UTILITY

The native cryptographically-secured fungible protocol token of the FLUID platform (FLD) is a transferable representation of attributed governance and utility functions specified in the code of the FLUID platform.

Use cases

Governance rights: To promote decentralized community governance for the network, FLD would allow holders to propose and vote on governance proposals to determine future features and/or parameters of the FLUID platform, with voting weight calculated in proportion to the tokens staked.
Fee reductions: By utilizing FLD to participate in platform activities, users will be entitled to enjoy fee reductions.
Incentives: FLD provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the FLUID platform, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts.