Real-time LLM interactions demand streamed token generations, where text tokens are progressively generated and delivered to users while balancing two objectives: responsiveness (i.e., low time-to-first-token) and steady generation (i.e.,required time-between-tokens). Standard LLM serving systems suffer from the inflexibility caused by non-preemptive request scheduling and reactive memory management, leading to poor resource utilization and low request processing parallelism under request bursts. Therefore, we present TokenFlow, a novel LLM serving system with enhanced text streaming performance via preemptive request scheduling and proactive key-value (KV) cache management. TokenFlow dynamically prioritizes requests based on real-time token buffer occupancy and token consumption rate, while actively transferring KV cache between GPU and CPU memory in the background and overlapping I/O with computation to minimize request preemption overhead. Extensive experiments on Llama3-8B and Qwen2.5-32B across multiple GPUs (RTX 4090, A6000, H200) demonstrate that TokenFlow achieves up to 82.5% higher effective throughput (accounting for actual user consumption) while reducing P99 TTFT by up to 80.2%, without degrading overall token throughput.

We present TokenFlow, a novel unified image tokenizer that bridges the long-standing gap between multimodal understanding and generation. Prior research attempt to employ a single reconstruction-targeted Vector Quantization (VQ) encoder for unifying these two tasks. We observe that understanding and generation require fundamentally different granularities of visual information. This leads to a critical trade-off, particularly compromising performance in multimodal understanding tasks. TokenFlow addresses this challenge through an innovative dual-codebook architecture that decouples semantic and pixel-level feature learning while maintaining their alignment via a shared mapping mechanism. This design enables direct access to both high-level semantic representations crucial for understanding tasks and fine-grained visual features essential for generation through shared indices. Our extensive experiments demonstrate TokenFlow's superiority across multiple dimensions. Leveraging TokenFlow, we demonstrate for the first time that discrete visual input can surpass LLaVA-1.5 13B in understanding performance, achieving a 7.2\% average improvement. For image reconstruction, we achieve a strong FID score of 0.63 at 384*384 resolution. Moreover, TokenFlow establishes state-of-the-art performance in autoregressive image generation with a GenEval score of 0.55 at 256*256 resolution, achieving comparable results to SDXL.