MEXC to List Hashflow (HFT) on Binance on November 7, 2022

MEXC Global will list Hashflow with Binance at 13:00 (UTC) on November 7th, and users can trade its native token HFT (HFT/USDT). At the same time, MEXC launched the HFT deposit competition with a total prize pool of 5000MX.

Hashflow (HFT) is a decentralized exchange that supports cross-chain interoperability. It connects users with professional market makers and aims to provide a trading experience with zero slippage, low GAS fees, and MEV protection. At present, Hashflow has supported public chains such as Ethereum, Avalanche, Polygon, Arbitrum, Optimism, and BNB.

The core advantages of Hashflow include zero slippage, no permanent loss, no bridge cross-chain swap, and MEV (Miner Extractable Value) resistance.

Hashflow adopts a Request for Quotation (RFQ) model that allows professional market makers to manage liquidity pools, unlike AMMs that generate high slippage during trading. The RFQ includes off-chain pricing functionality and on-chain settlement. Professional market makers can connect CeFi prices with DeFi via Hashflow in a trustless and easy-to-use way. At the same time, users can get the same price on DeFi as they see on MEXC.

Hashflow enables native-to-native exchange functionality, and users no longer need to rely on problematic cross-chain bridges. It should be noted that Hashflow does not rely on external bridges, nor does it require users to host their own assets on the source chain to mint bridge assets on the target chain.

According to public information, Hashflow has raised $3.2 million from investors including Dragonfly Capital, Electric Capital, Alameda Research, Metastable Capital, Galaxy Digital, etc.

According to public information, MEXC was established in April 2018 and is one of the top ten cryptocurrency trading platforms in the world. Core products include spot trading, leveraged ETFs, futures, NFT indices, Staking, etc. As of September 2022, the number of platform users has exceeded 10 million, and the platform’s cryptocurrency liquidity has ranked first in the world. In addition to supporting more than 160 cryptocurrency futures transactions, it also supports more than 1,600 cryptocurrency spot transactions and more than 400 cryptocurrency ETF transactions. MEXC is the trading platform with the fastest listing speed and the most abundant trading assets.

Among the top 10 cryptocurrencies for 2021, according to M-Research, MEXC lists the top five: SHIB, GALA, FTM, and MANA. Since 2019, nearly 100 projects including DOT, OP, UNI, APT, GLMR and other public chains, DeFi, GameFi, Layer2, Metaverse, DAO, and Meme have been listed on Binance. MEXC is “the first stop for quality projects”.

As of October 27, among MEXC’s 2022 debut projects, 150 projects have increased by more than 10%. Among them, 65 projects have an increase of 10%-100%, 86 projects have an increase of more than 100%, and a single project has an increase of 166% to 479,900%.

Source of information: Compiled from CRYPTONEWSZ by 0x information.The copyright belongs to the author and may not be reproduced without permission

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