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Flash Trade

avoid.net/flash-trade→48/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·4XQRue…say5

Summary

Flash Trade (flash.trade) is a non-custodial, asset-backed perpetuals and spot exchange built on Solana, founded in early 2023 by Anas Khader and Zoheb Shahzan (previously of the Investin project). The protocol is bootstrapped, has undergone multiple third-party security audits, publishes an open-source reference implementation, and has processed over $20 billion in cumulative trading volume. No exploits, regulatory actions, or fraud allegations have been identified; primary risk factors are a modest TVL (~$10.7M), a low-cap governance token (FAF, ~$3.7M market cap), oracle dependency on Pyth Network, and limited public background on the founding team.

Connected Entities

2 entities · 10 linked investigations
Wallets
◇FAFxVx…jFAF
Organizations
□Flash Trade
Relationships
  • FAFxVxnkzZHMCodkWyoccgUNgVScqMw2mhhQBYDFjFAF→mentioned with→Flash Trade(50%)
  • + 1 more
Also appears in
edgeX Exchange·28Saga EVM Blockchain·32Mach-O Man Malware Campaign (Lazarus / Chollima)·0Q2 2026 DeFi Record Hack Wave·0Leap Wallet·52Gamma Strategies·28Bunni Protocol·28BonkDAO Treasury Governance Attack (July 2026)·0Ledger·58Axiom DEX Insider Trading (Broox Bauer)·8
Have evidence about Flash Trade?

Timeline(10 events)

November 2022

FTX collapses. Flash Trade founders continued building on Solana while most projects halted operations.

The Flash Trade Origin Story — Flash Trade Docs

2023

Flash Trade protocol founded on Solana by Anas Khader and Zoheb Shahzan.

Flash Trade — Tracxn

3 April 2023

First Halborn security audit completed (seven-week engagement covering Solana smart contracts).

Flash Trade Audits — GitHub

October 2023

Flash Trade presents at Solana Breakpoint 2023 on asset-backed perpetuals and composability.

Reviving DeFi on Solana — Solana Compass / Breakpoint 2023

December 2023

Flash Beast NFT launch: 5,555 NFTs sold raising approximately $1.27 million for protocol development.

The Flash Trade Origin Story — Flash Trade Docs

20 March 2024

Second Halborn security audit completed covering updated flash contracts.

Flash Trade Audits — GitHub

September 2024

Anas Khader presents at Breakpoint 2024. Protocol reports $11 billion in cumulative trading volume and $10M+ in fees, fully bootstrapped.

Breakpoint 2024: Product Keynote — Flash Trade — Solana Compass

22 April 2025

Offside Labs security audit completed (engagement March–April 2025).

Flash Trade Audits — GitHub

September 2025

Anas Khader presents at Breakpoint 2025. Roadmap includes ephemeral rollup integration with MagicBlock, permissionless order books, and real-world asset trading.

Flash Trade Breakpoint 2025 — Solana Compass

25 December 2025

Co-Founder Anas Khader appears on Solana Foundation's Sol Brothers podcast discussing Flash Trade's growth to become Solana's fastest and cheapest DEX.

Sol Brothers Podcast — Solana Foundation
Provenance & Audit Trail
Anchored on SolanaVerify on-chain13 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (5 events). 13 of 16 cited source URLs have an Internet Archive snapshot.

full audit log →version history →

model: claude-sonnet-4-6

generated: 6/1/2026, 3:22:27 AM

last updated: 7/26/2026, 4:53:42 AM

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