Hashflow (HFT) is a decentralized exchange (DEX) that stands out for its seamless trading across various blockchain platforms without the need for bridges, ensuring interoperability, zero slippage, and maximal extractable value (MEV)-protected trades.
Unlike many DEXs that rely on automated market makers (AMMs), Hashflow adopts a request-for-quote (RFQ) model. This model allows direct quotations from market makers, ensuring that trades are executed at the displayed price without any commission. The RFQ system also ensures price stability and prevents potential front-running and sandwich attacks by requiring market makers to cryptographically confirm quotes.
Since its launch in August 2021, Hashflow has rapidly gained traction in the DeFi space, with over $11 billion in total trade volume and more than 170,000 unique users engaging with the platform. The platform supports cross-chain trades in a secure and efficient manner, offering users the flexibility to trade any asset on any chain by simply connecting their wallets. This feature has significantly contributed to its growing user base and trade volume.
The native token of Hashflow, HFT, serves several critical functions within the ecosystem, including governance and in-DAO health and rewards. The Hashverse, a gamified governance platform, utilizes HFT for staking, which in turn determines users' health metrics and eligibility for rewards within the ecosystem.
The token distribution is structured to support ecosystem development, with allocations for the core team, early investors, future hires, and various community incentives. Hashflow's unique approach to decentralized exchange, combining the benefits of cross-chain interoperability, zero slippage trades, and MEV protection, positions it as a noteworthy project in the DeFi landscape.
