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Hashflow

HFT

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About Hashflow

HFT is the ERC-20 governance token of the Hashflow protocol, which features a decentralized exchange that supports MEV-protected, bridgeless cross-chain token swaps with zero slippage. The protocol also includes a unique, gamified governance platform known as 'The Hashverse'.

Hashflow (HFT) is a decentralized exchange (DEX) that aims to provide users with the ability to trade digital assets on various blockchains including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, and Polygon. Unlike Automated Market Makers (AMMs), Hashflow employs a request-for-quote (RFQ) model, which strives to provide traders with price quotes directly from professional market makers (PMM). This model seeks to eliminate common inefficiencies in decentralized finance (DeFi) such as slippage and Miner Extractable Value (MEV). Hashflow's native token, HFT, is used within the Hashflow protocol and the Hashverse, a gamified trading platform and Decentralized Autonomous Organization (DAO) experience.

Hashflow operates using a hybrid on-chain/off-chain RFQ engine to fetch off-chain quotes from market makers who manage liquidity in on-chain pools. This system aims to protect Hashflow trades from slippage and MEV exploits, whether the trade occurs on one chain or across multiple chains. By moving pricing off-chain, market makers can employ more sophisticated pricing strategies that factor in off-chain data like historical asset prices, volatility, and other real-world information. This allows them to effectively price assets. For traders, off-chain pricing can lead to tighter quotes, zero slippage, and MEV-resistance.

Hashflow's unique approach to decentralized trading opens up a range of potential use cases. Its RFQ model allows market makers to price any asset class, not just stable coins or blue-chip assets. This means Hashflow can facilitate seamless trading of products such as options and ETFs that were previously challenging to trade in DeFi. Additionally, Hashflow offers fully-native cross-chain swap functionality without the use of bridges or synthetic assets, enabling seamless trading across one or more chains with guaranteed price execution. HFT holders can also participate in the Hashverse to increase their HFT compensation from completing single-player quests.

Hashflow was launched in April 2021 by a team of experts from various fields including aerospace engineering, computer science, and strategic consulting. The founders, Varun Kumar, Victor Ionescu, and Vinod Raghavan, brought their experience from organizations like NASA, Airbnb, Google, and Goldman Sachs to the project. Since its launch, Hashflow has processed a significant number of transactions, making it a known player in the DEX space. In 2023, Hashflow introduced the Hashverse, a first-of-its-kind gamified DAO, in collaboration with Superconductor, a company founded by the creative minds behind top Hollywood franchises.

HashflowHFT aims to provide a network for cryptocurrency trading that is both efficient and scalable. It uses a unique pricing model that aims to eliminate slippage, a common issue in decentralized exchanges (DEXs) that can lead to price discrepancies and potential losses for traders. This model strives to allow for zero slippage and fast trades without compromising security. HashflowHFT also addresses the problem of high gas fees, a common issue in other DEXs, by leveraging an advanced blockchain network and a fee structure without commissions. This could potentially reduce trading costs. HashflowHFT introduces an interface designed for ease of navigation, aiming to make the onboarding process easier. Users can find everything they need to manage their favorite assets without any registration or KYC requirements. This not only aims to simplify the trading process but also could potentially improve privacy. Lastly, HashflowHFT has the capability to handle a wide range of digital assets, and aims to contribute to the liquidity of the DeFi market.

HashflowHFT distinguishes itself in the realm of algorithmic trading with several key features. It is designed with the intention of facilitating interoperability, reducing slippage, and mitigating MEV-related risks. Unlike automated market makers, Hashflow operates conventionally much like the order-book method. The pricing is done off-chain and the transaction is executed on-chain. To initiate a transaction, the user is required to connect their wallet to HashflowHFT, specify the volume they intend to transact, and then view a quote. Once the user accepts, the order is submitted, validated, and added to the Hashflow network. The market makers within the network are responsible for generating price quotations. After the market maker signs it, the transaction is then completed without slippage. HashflowHFT has implemented a 'chain-weighted' structure with the intention of fostering a more balanced distribution system. The distribution structure remains volume-oriented, with more frequently transacted assets assigned larger relative weights.

HashflowHFT adapts to changing market conditions and aims to facilitate efficient order execution through its unique request-for-quote (RFQ) model. Unlike many decentralized exchanges (DEXs) that rely on automated market makers (AMMs), Hashflow uses this RFQ model to allow users to receive quotes directly from market makers. This model strives to minimize slippage and maximize extractable value (MEV) protection. Instead of pricing assets on-chain, Hashflow's RFQ model handles the settlement and swapping of assets on-chain, but enables market makers to price assets off-chain. This approach aims to facilitate efficient order execution as all trades are processed without commission and price quotes are intended to be executed as quoted. Hashflow provides fully native cross-chain swap functionality without the use of bridges or synthetic assets, aiming to facilitate seamless trading across one or more chains with the intention to execute prices as quoted.

HashflowHFT employs a variety of risk management mechanisms to mitigate potential market volatility impacts. These include algorithmic trading strategies, back-testing, take-profit orders, risk limits, contingency plans, post-trade analysis, and vendor risk management. Algorithmic trading strategies involve the use of high-frequency trading (HFT) methods, which are characterized by fast speeds, high turnover rates, and high order-to-trade ratios. Back-testing is the process of testing a trading strategy against past data to identify potential risks and ensure the strategy is functional in various market scenarios. Take-profit orders automatically sell a position if the security’s price moves in the trader’s favor by a defined amount, helping to lock in favorable outcomes. Risk limits set the maximum amount a trader is willing to lose on a single trade or over a period of time. Contingency plans and failover techniques address system outages, network difficulties, or data stream interruptions. Post-trade analysis examines trading behaviors after the fact to detect any inconsistencies between expected and actual results. Vendor risk management evaluates the risks associated with third-party technologies or services.

Hashflow is a decentralized exchange (DEX) that seeks to offer potential improvements in the efficiency and security of cryptocurrency trading. It utilizes a Request-for-Quote (RFQ) model, connecting users with private market makers who provide liquidity and price quotes for any token pair on any chain. This model allows Hashflow to present traders with potential enhancements in efficiency and security, with an intention to address price execution (zero slippage) and Miner Extractable Value (MEV) exploits such as front-running and sandwich attacks. Hashflow is compatible with multiple blockchain platforms, enabling efficient token trading across a variety of blockchains. Through its features, Hashflow seeks to present an alternative trading experience for crypto users, with a focus on addressing slippage and trade execution efficiency.

Hashflow enables traders to access liquidity pools and execute trades efficiently, providing an open and transparent environment for trading. Hashflow's platform can handle a large volume of transactions, making it suitable for high-frequency trading strategies. It also provides real-time market data, advanced analytics, and risk management tools to help traders make informed decisions. Hashflow's decentralized architecture seeks to reduce dependency on a central authority in the trading process, ensuring that trades are executed in a fair and transparent manner. Hashflow employs a Request-for-Quote (RFQ) model, which connects users with private market makers to streamline trading. This approach seeks to simplify trading processes and manage associated risks.

HashflowHFT employs blockchain technology to foster transparency and auditability in trading. It operates as a decentralized platform, reducing the dependency on a central authority to oversee the trading process. This decentralization strives to ensure that trades are executed in a fair and transparent manner, mitigating the risk of manipulation or fraud. HashflowHFT uses cryptography and consensus mechanisms to protect the platform against cyber threats. It also offers real-time market data, analytics, and risk management tools to assist traders in making informed decisions. The platform's blockchain-based structure allows for the execution of trades in milliseconds, facilitating the execution of trades in response to market conditions. This blend of speed, transparency, and security seeks to foster a trading environment for institutional clients.

Market

Market stats

Market cap

$114.6M

Volume (24h)

$8.2M

Circulating supply

392.7M HFT

Typical hold time

9 days

Popularity

#394

All time high

$1.26

Price change (1h)

+0.03%

Price change (24h)

-1.45%

Price change (7d)

-6.82%

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Social

Some highlights about Hashflow on social media

8 unique individuals are talking about Hashflow and it is ranked #1,090 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Hashflow has an average sentiment score of 3 out of 5. Finally, Hashflow is becoming more newsworthy, with 0 news articles published about Hashflow. This is a 0% increase in news volume compared to yesterday.

On Reddit, Hashflow was mentioned in 0 Reddit posts and there were 0 comments about Hashflow. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

8 people

Volume rank

#1,090

Average Sentiment

3 out of 5

Coinbase Bytes

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Hashflow is on the decline this week.

The price of Hashflow has increased by 0.03% in the last hour and decreased by 1.45% in the past 24 hours. Hashflow’s price has also fallen by 6.82% in the past week. The current price is $0.29 per HFT with a 24-hour trading volume of $8.20M. Currently, Hashflow is valued at 76.81% below its all time high of $1.26. This all-time high was the highest price paid for Hashflow since its launch.

The current circulating supply of Hashflow is 392,676,047.615 HFT which means that Hashflow has as total market cap of 392,676,047.615.

FAQ

What is the current price of Hashflow?

We update our Hashflow to USD currency in real-time. Get the live price of Hashflow on Coinbase.

What is the market cap of Hashflow?

The current market cap of Hashflow is $114.56M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Hashflow?

The all-time high of Hashflow is $1.26. This all-time high is highest price paid for Hashflow since it was launched.

What is the 24 hour trading volume of Hashflow?

Over the last 24 hours, the trading volume of Hashflow is $8.20M.

What other assets are similar to Hashflow?

Assets that have a similar market cap to Hashflow include Guild of Guardians, STASIS EURO, Keep Network, and many others. To see a full list, see our comparable market cap assets.

How many Hashflow are there?

The current circulating supply of Hashflow is 393 million.

What is the typical holding time of Hashflow?

The median time that Coinbase customers hold Hashflow before selling it or sending it to another account or address is 9 days.

What is the relative popularity of Hashflow?

Hashflow ranks 260 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Hashflow?

Currently, 50% of Coinbase users are buying Hashflow. In other words, 50% of Coinbase customers have increased their net position in Hashflow over the past 24 hours through trading.

Can I buy Hashflow on Coinbase?

Yes, Hashflow is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Hashflow guide.

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