Flowdesk: market maker deal terms and record
Flowdesk sells market making as a monthly service while the client keeps custody of its own capital. One DAO deal disclosed a $12,500 monthly retainer with no call option.
No legal action foundPublic deals on record: 1. · Official site
Profile
| Headquarters | Paris |
| Founded | 2020 |
| Deal models | retainer (Market-Making-as-a-Service); client keeps custody of own capital |
| Exchange coverage | 140+ (widest coverage found) |
| Notes | First crypto MM with French AMF DASP registration; MiCA transition by July 2026. Client retains custody - materially lower counterparty risk than a token loan. |
Source: www.spark.money, grade 4, checked 2026-09-10.
Public deals
undisclosed DAO, 2022-2023
| Structure | monthly retainer |
| Option | n/a - retainer model, no option |
| Retainer | $12,500 a month |
| Details | Retainer-only structure recorded in the DAO Deal Tracker. Useful as a real retainer benchmark against the loan+call alternative. |
| Source | DAO governance post, grade 4, checked 2026-09-10 |
How market-maker deals usually look
The industry default is a token loan plus a call option. Across about 40 public DAO deals, loans ran at 1% to 5% of circulating supply for 12 to 24 months, with the strike set 25% to 100% above the TGE price, median 50% (WuBlockchain and the Wallfacer deal tracker, grade 4). A second source puts loans at 0.5% to 2% of supply; we show both, because the market has no agreed norm.
Want to see what an option is worth to the desk? Try the option calculator, or read our sample term sheet review. How rarely launches disclose these deals at all: 4 of 57.
Offered terms by Flowdesk or another desk? We put your term sheet next to the public deals, value the option and list the clauses to negotiate, in writing within 48 hours.
Allegations are reported as allegations, with the outcome where one exists. A written comparison against public data, not legal or investment advice. We take no money from market makers.