Hashflow

Halal Rating :
Comfortable
Last Price $0.21 Last updated:
Rank 464
1D Change 5.45 %
Market Cap $104.41m
Circulating supply 487,971,733
Maximum supply None

Crypto Overview

Categories
  • Decentralized Exchange (DEX) Token
  • DeFi
  • Interoperability
  • DAO
  • DEX
  • Binance Launchpool
  • Coinbase Ventures Portfolio
  • DCG Portfolio
  • DragonFly Capital Portfolio
  • Electric Capital Portfolio
  • Galaxy Digital Portfolio
  • Cross-Chain

Purpose and Utility

Hashflow is a decentralized exchange (DEX) protocol that enables users to trade cryptocurrencies without traditional automated market makers (AMMs). The HFT token serves as a governance token for the Hashflow protocol and provides utility through trading fee discounts and protocol governance rights.

Business Model

Hashflow's business model revolves around facilitating decentralized trading through professional market makers who provide liquidity. The protocol generates revenue through trading fees, with a portion distributed to HFT token holders who participate in governance. The core business activities involve legitimate asset exchange and do not inherently involve prohibited activities.

Real-World Adoption

Hashflow has demonstrated significant adoption within the DeFi ecosystem, processing substantial trading volumes across multiple blockchain networks including Ethereum, Arbitrum, and Optimism. The protocol has established partnerships with major market makers and continues to expand its supported trading pairs.

Platform Development

The project maintains active development, with regular updates to the protocol and trading infrastructure. The team consistently implements new features and blockchain integrations, showing commitment to long-term development.

Token Distribution

The HFT token distribution includes allocations for the team, investors, and community, with vesting schedules in place to align long-term incentives. Team tokens are subject to vesting periods, reducing the risk of sudden selling pressure.

Crypto Impact

To assign a comfort level investing in Hashflow from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Hashflow.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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