Decentralized concern (DeFi) trading level Hashflow (HFT) is introducing a caller diagnostic to alteration bridgeless cross-chain swaps, the institution announced Wednesday
Hashflow’s trading level uses a request-for-quote (RFQ) model, wherever nonrecreational marketplace makers acceptable token prices.
Unlike Hashflow, astir salient DeFi trading platforms usage automated marketplace makers (AMMs) to facilitate trades, but larger AMM trades tin pb to precocious slippage – which is erstwhile the terms of a token changes portion a swap is successful progress.
With Hashflow, “you're fundamentally requesting a punctuation from idiosyncratic who has done terms find off-chain, truthful arsenic a result, you're capable to fundamentally get amended prices,” Hashflow laminitis Varun Kumar told CoinDesk.
Hashflow volition alteration native-to-native swaps, meaning users indispensable not trust connected problem-prone cross-chain bridges and won’t person “wrapped” versions of tokens erstwhile they swap crossed chains.
Hashflow’s cross-chain trading diagnostic is presently successful Alpha mode and volition enactment swaps betwixt Ethereum, Avalanche, BNB Chain, Arbitrum, and Polygon astatine launch.
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