The Hashbeats: Issue #32
Want your bi-weekly helping of all things Hashflow? Here's a quick recap of progress on our product, growth, and all the latest news you can use 👇
TL;DR
- Peep the Trades 👀
- Messari’s State of Hashflow Q2’23 Report 📚
- Basic Degenomics Heats Up 🥵
- Liquidity Optimizations 🔥
- The Shop Coming Soon 💧
Peep the Trades
The tradooors were a little distracted hunting for alt gems last week, but ETH and ARB continue to snag the titles for 1st and 2nd. 🖤🤍
Messari’s State of Hashflow Q2’23 Report
+60% - That’s the growth in DAUs (Daily Active Users) the Hashflow protocol saw last quarter, according to the Messari Q2 report on Hashflow. 🔋🖤🤍
Look under the hood at what fueled this rapid growth:
- DAUs UP 🕺: Hashflow was up 60% in DAUs as Q1 efforts to onboard and partner with DEX aggregators and wallets proved fruitful. Driven by this investment and integrations like Moonpay, trades on Hashflow became even more popular in Q2.
- ARBINAUTS UNITE 💙🧡: Arbitrum’s traders were the main drivers of this growth, making up 43% of total active users. Hashflow also saw substantial growth across Binance and Polygon.
- WELCOME NEW TRADOOORS 👋: Unique, new tradooors drove Q2 growth (+47% QOQ), with over 135K new addresses trading for the first time on Hashflow. Welcome frens!
- VOLUME BOOMIN’ 💣: Hashflow exchanged over $1.5 billion in volume (+7.4% QOQ)!
- ENTER THE HASHVERSE🪐: With early access to the Hashverse underway, the number of Hashflow stakers jumped 20% to 2,558 wallets.
Read the full report and dive deeper here
Basic Degenomics Heats Up
Hashflow hosted two Twitter Spaces with DeFi buildooors DegenMiami (Founder of AlphaScan) and Thade (Co-Founder of Primapes DAO) as DeFi summer continues. Join us on Twitter every Thursday at 12pm ET (16:00 UTC) to get the inside scoop and valuable alpha from top gigabrains and DeFi degens.
Missed the convos? All episodes also live on our YouTube channel here.
Liquidity Optimizations
Updates to the DEX’s liquidity have been made with new data pipelines for trades and maker pricing data. Daily reports have been implemented for closer internal monitoring, along with new analytics integrations with key partners.
The Shop, Coming Soon
An exclusive preview for our Hashbeats subscribers! Hashflow’s The Shop is coming sooner than you think anon… get ready to rep the Hashgang IRL. Limited Drops are gonna be movin’ fast…
That’s a wrap for now. More new product features, announcements, and Hashverse updates are coming - make sure to follow @hashflow and @hashverse to stay plugged-in anon 👀