Hashflow — a decentralized exchange, designed for interoperability, zero slippage and MEV-protected trading.
Brief description of Hashflow
Most DEXs rely on automated market makers (AMMs) to buy and sell assets, and while important, they are far from perfect. AMMs are capital inefficient, typically subject to risk and cannot value non-spot assets.
By using a request for quote (RFQ) model that allows professional market makers to manage pools of liquidity, Hashflow solves these problems. In turn, traders and liquidity providers (LPs) gain access to increased efficiency, security and products, not previously possible in DeFi.
Instead of the fixed product pricing feature, typically used by AMMs, Hashflow allows market makers to obtain liquidity and price assets, using off-chain pricing features, backed by cryptographic signatures.
By moving off-chain pricing, market makers can use more sophisticated pricing strategies that take into account off-chain data such as historical asset prices, volatility and other real-world information that allows them to price assets efficiently.
Hashflow allows LPs to contribute assets to a liquidity pool (similar to AMM), but use professional market makers rather than asset pricing curves.
Main advantages:
| 1. | LPs can simply contribute liquidity to public pools and make profits by using smarter pricing strategies, based on real-world information. |
| 2. | Public pools are constantly monitored and rebalanced by market makers to prevent irreparable losses. |
| 3. | LPs can provide liquidity with just one asset and remain long while earning income. |
Traders can seamlessly exchange assets between chains within minutes without the need for external bridges, while enjoying all the benefits, described above.
Transactions on the project
Hashflow allows users to seamlessly exchange assets between chains within minutes without the need for external bridges. All Hashflow trades are fully protected from both slippage and MEV exploits, whether the trade occurs locally on the same chain or between chains. No matter where users initiate a trade, they can receive their assets anywhere without losing value.
Market makers are required to cryptographically sign quotes that remain unchanged throughout the duration of the transaction. This ensures that the price is guaranteed and cannot be attacked in advance or by a sandwich. It also protects traders from slippage if there is a significant price movement between the time it takes to validate a transaction on the source chain and the payload on the destination chain.