MoonPay Acquires DFlow

We’re pleased to announce the acquisition of DFlow, the fastest-growing trading infrastructure platform on Solana.

Since April 2025, DFlow has processed more than $50 billion in cumulative trading volume — with over $12 billion in Q1 2026 alone — and serves over 1 million active traders across more than 500 applications. The platform processes ~10 million transactions per month with 99.9% token coverage on Solana, and powers major platforms including Coinbase, Phantom, Solflare, and Kamino. 

In November 2025, DFlow became the first aggregator ever to surpass Jupiter in daily trading volume on Solana. During peak periods, more than 85% of Solana blocks include a DFlow-powered transaction. 

“DFlow has become one of the most important pieces of trading infrastructure on Solana in just a year,” said Ivan Soto-Wright, Founder and CEO of MoonPay. “By bringing their execution layer into MoonPay, we’re adding the speed, reliability, and scale needed to support everything from high-volume trading to the next generation of agent-driven financial applications.”

DFlow’s rapid adoption was driven by a technical breakthrough: just-in-time routing. Traditional aggregators compute the optimal route before a transaction is submitted to the network, but on a high-throughput chain like Solana, where prop AMMs update prices at high frequency, conditions can shift between the moment a route is calculated and the moment it executes onchain. 

DFlow was the first aggregator to re-optimize trades dynamically during onchain execution itself, checking venue prices at the point of settlement and rerouting within the same transaction if conditions have changed. The result is better pricing, fewer failed transactions, and a system that improves under load rather than degrading.