Hashflow (HFT)

• Hashflow is a decentralized exchange designed for interoperability, zero slippage, and MEV-protected trades. Hashflow is currently available on Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, and Optimism, and has traded over $10B in volume since launch in 2021.

• HFT is the native token for the Hashflow protocol as well as the Hashverse, Hashflow’s gamified governance platform. Users can stake HFT to unlock features within the Hashflow ecosystem, such as:

  • Governance: Hashflow governance will follow a vote-escrow (ve) token model where voting rights are determined based on the amount of HFT staked as well as the duration for which HFT is locked. Staking tokens will grant users the right to vote and manage the future of the protocol. This includes decisions relating to protocol fees, marketing, and code development.

  • In-DAO Health & Rewards: The Hashverse is the first-ever storyverse-driven, gamified DAO and governance platform. Staked tokens will be used to determine users’ health metrics within the Hashverse. Users must continuously adjust the amount and duration of their staked tokens in order to maintain their health within the Hashverse. The protocol will continue to reward the most active members of the community and their Hashverse presence will play a major role in redeeming these rewards.

• The Hashflow exchange allows users to seamlessly swap assets across chains within minutes without the need for external token bridges:

  • All Hashflow trades are fully-protected from both slippage and MEV exploits whether the trade happens locally on one chain or across chains.

  • Hashflow uses a hybrid on-chain / off-chain RFQ (Request for Quote) engine to fetch off-chain quotes from market makers who manage liquidity in on-chain pools. Market makers are required by smart contracts to cryptographically sign quotes that remain unchanged for the duration of the trade. This ensures that the prices offered to users are guaranteed and cannot be front-run and arbitraged by MEV bots.

  • Hashflow also protects traders against slippage occurring due to cross-chain MEV, i.e. if there is significant price movement between the time it takes to validate the transaction on the source chain and relay the payload on to the destination chain.

• The project has raised $28.2MM from three rounds of private token sales, with 25% of the token supply sold at $0.02 USD/HFT, $0.10 USD/HFT, and $0.40 USD/HFT.

• As of October 31st 2022, the total supply of HFT is 1,000,000,000 and the circulating supply upon listing will be 175,229,156 (~17.52% of the total token supply).

Key metrics (as at October 31st 2022)

1. What is Hashflow?

• Hashflow is a decentralized exchange that allows users to trade any asset on any chain in seconds simply by connecting their wallet. All trades are commission-free, and all price quotes are executed at their displayed price.

• Hashflow allows users to trade with zero slippage and full MEV protection.

• 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.

• Hashflow’s RFQ model allows Market Makers to price any asset class and is no longer limited to stable coins or blue chip assets. This means Hashflow can offer seamless trading of products (i.e. options, ETFs) that were previously impossible in DeFi.

1.1 Hashflow's Key Highlights

• Bridgeless cross-chain swaps: Hashflow allows users to seamlessly swap assets across chains within minutes without the need for external bridges. All Hashflow trades are fully protected from both slippage and MEV exploits whether the trade happens locally on one chain or across chains.

• Zero Slippage: All Hashflow quotes are executed at the displayed price.

• MEV protected trades: Cryptographic signatures make front-running impossible. Traders can keep what they earn.

• The Hashverse: The Hashverse is the first-ever storyverse-driven, gamified DAO and governance platform. With an immersive storyverse developed by leading Hollywood creative agency, Superconductor, the Hashverse represents the collective of token holders that will decide the future of the Hashflow protocol.

Since inception in August 2021 until October 2022, Hashflow has seen:

• over $10B in total trade volume

• over 150K unique wallets trading on the platform

• an average aggregate daily volume of $25-30MM

• an average of 1,800 DAU (daily active users)

• over $1B in total trade volume on Polygon and Avalanche within six months

The Hashflow trading terminal.

Source: Hashflow

Multi-chain and wallets support.

Source: Hashflow

Hashflow’s request-for-quote (RFQ) model.

Source: Hashflow

2. Token sales and economics

2.1 Token Distribution

HFT token allocation

3. Roadmap and Updates

3.1 Completed Milestones

3.2 Current Roadmap

• The Hashverse DAO Launch

• Non-EVM chain deployments (Solana, Aptos, Sui)

• Smart Order Routing

• Limit Orders

• Structured Products including options and ETFs

• Public pools (enables delayed settlement for Market Makers and improves capital efficiency)

3.3 Commercial and Business Development Progress

1. 1inch Network (Link): Aggregator, Partnership

2. Open Ocean (Link): Aggregator, Partnership

3. Odos (Link): Aggregator, Partnership

4. Zerion (Link): Aggregator, Partnership

5. Wintermute (Link): Market Maker, Market Making on Hashflow

6. GSR (Link): Market Maker, Market Making on Hashflow

7. LedgerPrime (Link): Market Maker, Market Making on Hashflow

8. Kronos (Link): Market Maker, Market Making on Hashflow

4. Community

• Twitter | 156K followers

• Discord | 116K followers

• Telegram | 4K followers

5. Appendix

• Website

• Hashverse Website

• Documentation