FLOW: THE AGENTIC AUCTION PROTOCOL

Summary from the TLDR Crypto newsletter

Flow is a token launch protocol built on Uniswap's Continuous Clearing Auction (CCA) mechanism designed to eliminate MEV and sniper dynamics in traditional bonding curve launches by aggregating bids over time rather than rewarding execution speed. Operating on Base with Uniswap V4 as the liquidity backend, auctions run in 9-minute windows where demand is aggregated to determine a single clearing price before liquidity is deployed, mirroring the batch auction model used by Aztec, which raised $60M in ETH via CCA.