WHAT IS HASHFLOW (HFT)?
Hashflow is a decentralized crypto exchange that is interoperable with multiple blockchains, offers zero slippage and protection against MEV (Maximal extractable value) MEV has been a major concern for DeFi users on the Ethereum blockchain. The MEV attacks include failed transactions and security concerns for DeFi protocols. Hashflow trades are commission free and all trades are executed at the price displayed to make sure users get optimum value through trading on Hashflow. Hashflow scores big on the security part as users do not have to transfer any funds. They simply need to connect their crypto wallet to the platform to start trading.
| Launch Date | August, 2021 |
| Founder | Varun Kumar and Victor Ionescu |
| Blockchain Protocol | Ethereum Blockchain |
| Native Token | HFT |
| Market Cap | ₹11,075,771,739 |
| Token Type | DEX, DeFi |
| Circulating Supply | 187,821,872 HFT |
| Max Supply | NA |
| Consensus Method | Proof of Stake |
WHO ARE THE FOUNDERS OF HASHFLOW (HFT)?
Hashflow is co-founded by Varun Kumar and Victor Ionescu. Varun worked as an aerospace engineer for the German Aerospace Center, Udacity, and NASA. He pursued PhD in Aeronautics and Astronautics at Stanford University.
Victor Ionescu is the co-founder and CTO of Hashflow. He has worked with some of the esteemed organizations like Facebook, AirBnb and Google. He has also managed cross functional departments independently. He holds a Bachelors in Science degree from Oxford University.
Vinod Raghavan is the COO and co-founder of Hashflow. Raghavan has worked as a consultant and has drawn C-Suite strategies for firms like Morgan Stanley, JPMorgan Chase, Goldman Sachs, Counsyl, and a16z – Andreessen Horowitz, a venture capital firm.
HOW DOES HASHFLOW (HFT) WORK?
Hashflow applies an hybrid approach to fetch both on chain and off chain crypto data set forth by market makers. Hashflow uses the RFQ engine – A request for quotation (RFQ) is a feature in oracles that fetches the price of assets across platforms. The price quotes are cryptographically signed by market makers to ensure that the trader or investor gets the same quote and does not change irrespective of the time of the trade made by the user. The platform also ensures that there is zero slippage to ensure that any price movement of the asset chosen by the user does not affect the trade price locked.
WHAT MAKES HASHFLOW (HFT) UNIQUE USE CASES?
Bridgeless Cross-Chain Swaps: Hashflow allows users to swap assets across chains without the need of a blockchain bridge.
MEV protection: Cryptographic signatures eliminates front-running which means users can trade at the entry price.
Zero Slippage: Hashflow ensures zero slippage thanks to its RFQ engine and cryptographic signing by market makers that allows users to trade at the price
The Hashverse: The Hashverse is a unique narrative driven gamified DAO and governance platform where users can stake their HFT tokens and participate in quests as well as help in implementing protocols for Hashflow.
HASHFLOW (HFT) PRICE ANALYSIS
- The trading price of Hashflow (HFT) is ₹59.00 at the time of writing. The token is up by 3.81%.
- The 24 hour low of HFT was ₹56.56 and 24 hour high was ₹63.75. In addition to this, the trading volume of HFT soared by 144.64%.
- The RSI of Hashflow stands at 59.39 indicating a neutral position and the 200 day Simple Moving Average accounted for ₹43.37. The moving averages have created buying pressure since the token is gearing for a bullish trendline.
Source: TradingView
| MEASURABLE DATA TOKEN (MDT) Price Today | ₹63.75 |
| Price Change <Yearly> | NA |
| Market Dominance | 0.01% |
| Market Rank (as per CMC) | 240 |
| Market Cap | ₹11,070,228,616 |
| Fully Diluted Market Cap | ₹58,939,047,728 |
| ATH | ₹213.96 |
| ATL | ₹22.94 |
HOW TO BUY HASHFLOW TOKEN (HFT) IN INDIA?
If you are looking to buy Hashflow token (HFT), You can invest in HFT through CoinDCX – India’s leading crypto exchange. To begin with, all you have to do is,
- Download the CoinDCX App on your smartphone
- Enter the details required for registration
- Complete KYC
- Once your profile is verified, fund your CoinDCX wallet and buy Hashflow (HFT)
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