Hashflow

Halal Rating :
Questionable
Last Price $0.19 Last updated:
Rank 456
1D Change 5.75 %
Market Cap $88.98m
Circulating supply 471,317,871
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

Project Overview

Hashflow is a decentralized exchange (DEX) protocol that aims to provide efficient, MEV-protected trading without typical AMM (Automated Market Maker) drawbacks. The platform connects traders directly with professional market makers through a request-for-quote (RFQ) system.

Intended Utility

The HFT token serves multiple purposes within the Hashflow ecosystem: It provides governance rights over the protocol, enables fee sharing for token holders, and can be staked by market makers as collateral. The token's primary utility is aligned with legitimate business operations and does not inherently conflict with Islamic principles.

Actual Utility & Adoption

The platform has demonstrated genuine utility through substantial trading volume and integration with major blockchain networks including Ethereum, Arbitrum, and Avalanche. On-chain data shows active usage of the platform for its intended purpose, with real trading activity and market maker participation.

Token Distribution & Governance

The token distribution includes vesting schedules for team and investors, with approximately 20% allocated to the team, 30% to investors, and 50% to the community and ecosystem growth. The vesting periods are structured to prevent immediate dumps, showing commitment to long-term development.

Revenue Model

Hashflow generates revenue through trading fees, which are shared between market makers, token stakers, and the protocol treasury. This model is based on actual value exchange and does not rely on interest-bearing mechanisms.

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”.

We will review your contribution for accuracy before publication.

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

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating