Flood
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Flood was a decentralized exchange aggregator focused on the Ethereum ecosystem. Live on Arbitrum One with plans to expand to Ethereum, Base and Optimism, it routed trades across hundreds of exchanges and pairs to fill orders at mathematically optimal prices, positioning itself against request-for-quote models it viewed as prone to collusion. The team also operated its own DEX, FloodSwap. It was co-founded by Francesco, a former UMA Protocol engineer, and Jan.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Project launched
Flood launches as a DEX aggregator on Arbitrum One.
- Seed funding
Flood raises $5.2 million in a seed round led by Bain Capital Crypto, with Archetype and Robot Ventures participating, structured as equity with token warrants.
- Acquired by 0x
DEX infrastructure firm 0x acquires Flood for an undisclosed sum, seeking its aggregation technology and specialist team, as Flood winds down its own services.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.