Hashflow will source quotes for trade execution from third-party DEXes and pro market makers<\/p>\n
Hashflow, a decentralized exchange offering trade execution via professional market makers, launched the initial stage for its 2.0 iteration on Dec. 5, introducing DEX aggregation services for the first time.<\/p>\n
Hashflow 2.0 debuts Smart Order Routing\u201d (SOR), allowing traders to access more than $8B worth of liquidity across top decentralized exchanges including Uniswap, Curve, Sushi, and Balancer, in addition to its network of institutional market makers.<\/p>\n
Hashflow will execute transactions using third-party decentralized exchanges when the network of market makers cannot provide a better quote than rival DEXes. The protocol offers user orderflow to market makers via its Request-for-Quote (RFQ) process.<\/p>\n
\u201cOther cross-chain aggregation services in DeFi will directly route to external liquidity, while Hashflow will use SOR to leverage its RFQ technology to offer better prices,\u201d Varun Kumar, Hashflow\u2019s co-founder and CEO, told The Defiant. \u201cWith this core update, we provide traders access to the deepest liquidity and best rates in decentralized trading.\u201d<\/p>\n
Hashflow drove more than $10M worth of trades over the past 24 hours, ranking it as the 32nd most-active DEX, according to DeFi llama. Ethereum hosted 83.5% of volume over the past 24 hours. The platform has settled more than $17.6B worth of trades since its April 2021 launch.<\/p>\n
Hashflow\u2019s RFQ-based trading offers the platform a point of difference within the saturated decentralized exchange sector, which is largely populated by forks<\/a> of the pioneering automated market-maker DEX, Uniswap.<\/p>\n Hashflow full 2.0 release will launch via a staged rollout. Initially, SOR aggregation will exclusively be available on the Ethereum mainnet, before deployment to Solana and Ethereum L2s Arbitrum, Optimism, and Polygon. The exchange is also live on the alternative Layer 1s BNB Chain and Avalanche.<\/p>\n The Solana launch will comprise Hashflow\u2019s first deployment on a non-Ethereum Virtual Machine (EVM) network. The launch will facilitate cross-chain trades for \u201cblue-chip\u201d assets between Ethereum and Solana without incurring the third-party risks<\/a> associated with cross-chain bridging protocols.<\/p>\n Hashflow\u2019s RFQ mechanism fetches quotes from market makers who manage the liquidity pools on the Hashflow platform. Market makers cryptographically sign quotes to ensure they remain unchanged to protect against slippage, also preventing front-running and sandwich attacks from MEV bots<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Hashflow will source quotes for trade execution from third-party DEXes and pro market makers Hashflow, a decentralized exchange offering trade execution via professional market makers, launched the initial stage for its 2.0 iteration on Dec. 5, introducing DEX aggregation services for the first time. Hashflow 2.0 debuts Smart Order Routing\u201d (SOR), allowing traders to access […]<\/p>\n","protected":false},"author":2,"featured_media":206729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-206728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/206728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=206728"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/206728\/revisions"}],"predecessor-version":[{"id":206730,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/206728\/revisions\/206730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/206729"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=206728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=206728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=206728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}