Hashflow
HFT
$0.34082865715026855
$72,026,958.71
Market capitalization(24h)
About Hashflow
Hashflow is a decentralized platform that connects cryptocurrency liquidity providers to traders with the aim of providing better price discovery and reducing slippage in trades.
About $HFT token
HFT is the native token of Hashflow, a decentralized exchange (DEX) aggregator that allows users to find the best prices and routes for their trades across multiple DEXs. The HFT token has multiple use cases within the Hashflow ecosystem, including staking for liquidity providers, governance voting, and receiving a share of the trading fees generated on the platform.
The HFT token is an ERC-20 token on the Ethereum blockchain and has a total supply of 1 billion tokens. As of March 2023, the circulating supply is 191,179,106 HFT tokens, with no maximum supply set. The current market capitalization of the token is approximately $123 million USD.
How to buy $HFT with a payment card
1. Enter the amount of $HFT and fiat currency that you wish to purchase.
2. Verify your phone and email.
3. Enter or create $HFT wallet
You are given the option to enter your $HFT wallet address or create one using the Swipelux widget.
4. Pass KYC flow
This verification process helps protect you from fraud and other malicious activities.
5. You're now ready to buy $HFT with a credit and debit card.
$HFT analytics
Market Position and Adoption: Hashflow is a decentralized exchange that enables traders to access various liquidity pools on different blockchains through a single interface. The platform aims to address the issue of liquidity fragmentation in the DeFi space by providing a one-stop-shop for traders to execute trades across multiple decentralized exchanges. The Hashflow exchange platform has gained popularity among DeFi traders, with over 22,951 watchlists, and its native token, HFT, has gained adoption on various decentralized exchanges and platforms.
Technology and Platform: Hashflow utilizes an innovative multi-chain routing engine, which allows users to access liquidity on various DeFi platforms, including Ethereum, Polygon, Binance Smart Chain, and Avalanche, through a single interface. The platform is built on a decentralized infrastructure, providing a non-custodial solution for traders to trade and manage their assets. Hashflow is compatible with various wallets, including MetaMask, WalletConnect, and Coinbase Wallet.
Team: Hashflow's team is made up of experienced professionals with expertise in blockchain technology, finance, and software development. The team comprises of members from companies like JPMorgan, Bridgewater Associates, and Polychain Capital. The founder and CEO of Hashflow, Anurag Bhatia, previously worked at Coinbase and has experience in the traditional finance industry.
Competition: Hashflow competes with various decentralized exchanges in the DeFi market, including Uniswap, Sushiswap, PancakeSwap, and Curve Finance. However, the platform's multi-chain routing engine provides it with an edge over its competitors, allowing users to access liquidity pools on different blockchains.
Supply: Hashflow's native token, HFT, has a maximum supply of 1 billion tokens, and its circulating supply is currently 191,179,106 HFT. The token's market capitalization is $123,182,485, and it has a fully diluted market capitalization of $644,396,871. The token has gained traction among DeFi traders, with a 24-hour trading volume of $28,488,270.
$HFT risks
1. Regulatory risk: The decentralized nature of Hashflow's platform and HFT token could make it vulnerable to regulatory crackdowns or restrictions, which could negatively impact the token's value.
2. Market risk: The cryptocurrency market is highly volatile, and the value of HFT token may be subject to sudden and significant price swings due to market factors such as supply and demand, news events, and market sentiment.
3. Technology risk: As a blockchain-based platform, Hashflow is dependent on the security and reliability of its underlying technology. Any technical issues or security breaches could harm user confidence and impact the token's value.
Adoption risk: Hashflow's success is dependent on the adoption of its platform and the widespread use of HFT token. If adoption is slow or fails to gain momentum, the token's value may be negatively affected.
4. Competition risk: Hashflow faces stiff competition from other decentralized exchanges and blockchain-based trading platforms. If competitors offer superior products or services, it could negatively impact HFT token's value and adoption.
5. Liquidity risk: HFT token may suffer from low liquidity on cryptocurrency exchanges, making it difficult for investors to buy and sell the token at fair market prices.
Potential market development triggers
Expansion of decentralized finance (DeFi) ecosystem: As the DeFi space continues to grow, there is an increasing demand for more efficient and interoperable decentralized exchanges (DEXs). Hashflow's technology can offer a solution to this problem, potentially leading to increased adoption of HFT token.
Integration with other blockchain networks: Hashflow is currently built on Ethereum, but it has plans to expand to other blockchain networks such as Polkadot and Binance Smart Chain. These integrations could increase the utility of HFT token, potentially leading to higher demand.
Partnerships with other projects: Hashflow has already partnered with several blockchain projects, such as Chainlink and Polygon. More partnerships with established projects could increase the visibility and credibility of Hashflow, potentially leading to increased adoption of HFT token.
Launch of new products and features: Hashflow has plans to launch new products and features, such as limit orders and derivatives trading. These new features could attract more users to the platform, potentially leading to increased demand for HFT token.
Market volatility: As with most cryptocurrencies, market volatility can have a significant impact on the value of HFT token. A sudden surge in demand or a sharp drop in the overall crypto market could lead to fluctuations in the price of HFT token.