Accessible DeFi with Hashflow

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Hashflow’s decentralized trading platform comes to zkSync

At Matter Labs, we believe that increasing personal freedom is one of the most effective ways for crypto to drive positive change. zkSync was founded on the belief that making Ethereum scalable and accessible will enable self-sovereignty at a mass scale.

“Our long-term mission is to make self-sovereign participation in the digital economy — i.e. maintaining true control over one’s digital assets — affordable for anyone in the world.” Alex Gluchowski, Co-Founder and CEO, Matter Labs

To make this dream a reality, crypto cannot be a closed ecosystem; we must increase accessibility by removing the barriers that prevent participation. Users must have the freedom to manage their digital assets in the way they choose — including accessing the benefits of DeFi — without sacrificing on accessibility.

That’s where Hashflow comes in. Their decentralized trading platform directly connects users with professional market makers with a request-for-quote model that provides direct quotes from market makers, zero slippage, and full MEV protection. Their project also enables fully-native cross-chain swapping without the use of bridges or synthetic assets, allowing users to access the rest of the crypto ecosystem seamlessly.

Hashflow is already live on zkSync 2.0 testnet, and will come to mainnet in due course. We’re excited to work with projects like Hashflow to bring the dream of global crypto accessibility to end users, taking another step towards making ‘self-sovereign participation in the digital economy… affordable for anyone in the world.’

More on Hashflow’s integration, and why they chose zkSync, below.

About Hashflow

Hashflow is a decentralized trading platform that connects traders directly with professional market makers. Unlike automated market makers such as Uniswap which rely on bonding curves to price assets, Hashflow’s request-for-quote model allows users to receive quotes directly from market makers and trade with zero slippage and full MEV protection.

Hashflow also offers fully native cross-chain swap functionality without the use of bridges or synthetic assets, enabling seamless trading across one or more chains with guaranteed price execution.

Since its inception in August 2021, Hashflow has:

  • Cleared $9B+ in total trade volume with over 140,000 unique wallets trading on the platform, making it a top-10 DEX by volume
  • Averaged aggregate daily volume of $25–30M
  • Averaged almost 1,800 daily active users
  • Surpassed $1B in total trade volume on Polygon and Avalanche in less than six months
  • Integrated with aggregators including 1inch Network, Open Ocean, Odos, and Zerion
  • Onboarded top crypto market makers including Wintermute, GSR, Ledger, Prime, and Kronos

Scaling Ethereum’s Network and Values on zkSync

ZK technology and zkSync are both very important for EVM and L2 scaling, and we are excited to become early collaborators and support the ecosystem with highly capital-efficient, zero-slippage, MEV-free markets.

“The production release of a zkEVM will be the biggest milestone toward scaling Ethereum, and we are beyond excited to be part of it” Victor Ionescu, Hashflow Co-Founder

The values of DeFi are core to Hashflow as we work to make financial products decentralized and accessible to everyone. This aligns with zkSync’s goal to make it possible for anyone in the world to have true freedom and control over their assets, and we’re delighted to integrate with their platform.

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