DeFi Trading Platform Hashflow Introduces Bridgeless Cross-Chain Swaps

2 years ago

Sam is simply a newsman astatine CoinDesk focused connected decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC.

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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Sam is simply a newsman astatine CoinDesk focused connected decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC.

Sam is simply a newsman astatine CoinDesk focused connected decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC.


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