Hashflow is a decentralized exchange designed to enable zero slippage trading and protect users from MEV (Miner Extractable Value). Currently, Hashflow is available on Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, and Optimism. Since its launch in 2021, the trading volume on Hashflow has surpassed $10 billion.
HFT is the native token of both the Hashflow protocol and the Hashverse (Hashflow’s gamified governance platform). Users can use HFT to unlock features within the Hashflow ecosystem, such as:
Governance: Hashflows governance will follow a staked-token model, where voting power is determined by the amount of HFT staked and the duration for which it is locked. Staked tokens grant users the ability to vote and manage the protocol, including decisions related to protocol fees, marketing, and code development.
Health Metrics and Rewards within the DAO: The Hashverse is the first-ever story-driven, gamified DAO and governance platform. Staked tokens determine users health metrics within the Hashverse. Users must continuously adjust the number and duration of tokens they hold to maintain their health in the Hashverse. The protocol rewards the most active members of the community, with their participation in the Hashverse determining how much reward they can claim.
The Hashflow exchange allows users to trade assets cross-chain within minutes without the need for external token bridges.
All Hashflow trades are fully protected, ensuring no slippage or MEV whether trades occur on-chain or cross-chain.
Hashflow uses a hybrid on-chain/off-chain quoting engine to fetch off-chain quotes from market makers managing liquidity in on-chain pools. Smart contracts require market makers to cryptographically sign quotes that remain unchanged during the trade process. This ensures that the price offered to users is guaranteed and cannot be front-run or arbitraged by MEV bots.
Hashflow also protects traders from slippage caused by cross-chain MEV, which refers to significant price fluctuations that occur between transaction validation on the source chain and information forwarding to the destination chain.
The project has raised $28.2 million across three private token sales rounds, with 25% of the token supply sold at prices of $0.02/HFT, $0.10/HFT, and $0.40/HFT.