The Hashbeats: Inaugural Issue
Need your weekly dose of Hashflow? Here’s a quick recap of progress on our product, growth initiatives, and all the latest news across our ecosystem! 👇
TL;DR
- Hashflow onboards leading market maker Wintermute
- HFT trading and LP rewards for August have been distributed!
- The DeFi State features Haseeb @ Dragonfly and Avichal @ Electric
- Follow @hashflow and @galxeHQ for a chance to win 100 $GAL
Winter(mute) Has Arrived
WINTER(MUTE) IS COMING TO HASHFLOW
— hashflow.hft (@hashflow) August 31, 2022
We’re delighted to announce the addition of @wintermute_t, with over $1.9T in trading volume, to our ecosystem!
You can now access deeper liquidity while trading at the best prices with zero slippage & MEV protection 👇https://t.co/cLsaQJ7bQT pic.twitter.com/vPi4y2Op36
Wintermute’s support in market making enhances Hashflow’s capabilities and enables us to keep providing you a better trading experience - including scaling liquidity to allow you to execute larger trades.
For example, here’s a $5M $USDC ➡️ $ETH trade with no slippage or front running:
Liquidity has been enhanced for all chains that we support. Hashflow now routes nearly all of the stables swaps and the majority of blue chip trades on 1inch!
Product Upgrades & Technical Progress
New feature - You can now bookmark your favorite trading pairs and chains on the trading app. Based on the assets and chains you select on the UI, the app now generates a permalink URL which you can save as a shortcut to auto-select the same pairs and chains next time you visit:
With these URLs, you can now share a direct link to your frens with the trading pair and chains pre-selected if you want to trade the same assets together. Sharing is caring, after all.
Other technical progress:
- First round of audits on the new contracts are looking good!
- Contracts were upgraded to comply with LayerZero’s latest security upgrade
The Stats
Weekly volume continues to top $120M+ with healthy activity across all chains. The hashgang ain’t nothing to f*ck with!
The DeFi State
In last week’s episode, we had an epic discussion with Haseeb Qureshi from Dragonfly Capital and Avichal Garg from Electric Capital on the future of compliant DeFi - with surprise cameos from Ajit Tripathi and the founder of dYdX, Antonio Juliano. Catch the replay because you don’t want to miss this one! 👇
And ICYM the previous week’s episode - we had Balaji Srinivasan, the author of “The Network State”, sharing how we can turn a startup society into a network state and boosting all our IQs with green candles. Make sure to give it a listen!
Community Updates
First, shout-out to @RK_Gunti for an informative tweet thread on how Wintermute deepens the liquidity available on Hashflow!
Wintermute, a Global market maker, joins decentralized exchange Hashflow.
— RahulKiran.G (@RK_Gunti) September 2, 2022
Here is a short thread on it 🧵#wintermute #hashflow #decentralized #exchange #defi #bitcoin #cryptocurrency #crypto #blockchain #ethereum #nft #btc #eth #binance #cryptonews #cryptotrading #cardano pic.twitter.com/wJY95PdCwf
Secondly, 中秋快乐 to the hashgang around the world who celebrated the Mooncake Festival this weekend! Not a bad way to moon.
And did we mention that we now have an office in Miami??
It surely feels good to be a hash-gangsta. And yes, Fridays will be Hawaiian Shirt Day.
That’s a wrap for now - more exciting news to come. If you haven’t yet, follow Hashflow on Twitter and join the hashgang on Discord to stay plugged in!