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COINTURK NEWS > Altcoin News > Positive Steps on Cryptocurrencies Continue in Singapore
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Positive Steps on Cryptocurrencies Continue in Singapore

In Brief

  • The excitement in the cryptocurrency markets has grown with the increase in BTC price, and there are consecutive major announcements.

  • HFT Coin team made the expected announcement today, causing the price to exceed $0.35.

COINTURK NEWS
COINTURK NEWS 2 years ago
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Hashflow 2.0

The DeFi protocol, which started its activities in 2021, has reached a volume of $17 billion so far. The “2.0” launch, representing the transformation of the exchange, was announced a few minutes ago. In addition to the previous version, the team aims to improve the user experience by introducing Smart Order Routing (SOR). The announcement included the following:

“By introducing Smart Order Routing (SOR) and doubling our commitment to providing the best prices through Hashflow, we present Hashflow 2.0. Supported by SOR, Hashflow 2.0 will direct investors to the best prices regardless of where they come from. Initially, Hashflow will try to provide efficient and competitive priced quotes from market makers through the RFQ engine. If for any reason they do not provide the best price, Hashflow will also receive quotes from AMMs and direct investors to the best price.”

“Smart Order Routing is a natural extension of Hashflow’s original purpose-centered design. SOR focuses on the philosophy that a trader does not need to know the background of an RFQ engine or an AMM in this regard. It is unnecessary information, and traders only care about one thing: price.”

Additionally, shortly after the 2.0 launch, the team announced that the protocol will be implemented in Solana as well.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 5 December, 2023 - 5:39 pm 5 December, 2023 - 5:39 pm
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