Deep Dive
1. EVM Contracts & V2 Upgrades (2025)
Overview: Hashflow open-sourced its EVM smart contracts, laying the groundwork for V2’s decentralized trading upgrades. Users gain access to cross-chain swaps (EVM ↔ non-EVM) and limit orders.
The upgrade introduces:
- Cross-chain interoperability: Swap assets like SOL ↔ ETH without centralized bridges.
- Limit orders: Traders set predefined prices for automated execution, mimicking CEX functionality.
- Self-custody: Trades settle on-chain, reducing reliance on intermediaries.
What this means: This is bullish for HFT because cross-chain swaps broaden Hashflow’s user base, while limit orders attract professional traders. Enhanced transparency from open-sourced code could boost developer collaboration.
(Source)
2. Governance Model Update (2024)
Overview: Hashflow shifted to a vote-escrow (ve) model, where voting power depends on HFT staking amount and lock-up duration.
Key changes:
- Stakers govern protocol fees, marketing, and upgrades.
- 75% of team/partner tokens unlock linearly over 3–5 years to align incentives.
What this means: This is neutral for HFT because while decentralized governance strengthens community trust, long unlock periods may delay token liquidity.
(Source)
3. Solana Integration (June 2025)
Overview: Binance enabled HFT deposits/withdrawals on Solana, marking Hashflow’s first non-EVM chain integration.
Technical impact:
- Solana’s high-speed infrastructure complements Hashflow’s RFQ model.
- Market makers now serve liquidity across EVM and Solana ecosystems.
What this means: This is bullish for HFT because Solana’s user base adds volume, and multi-chain support positions Hashflow as a cross-chain liquidity hub.
(Source)
Conclusion
Hashflow’s codebase updates prioritize interoperability (V2), governance decentralization, and multi-chain reach. While these upgrades expand utility, adoption depends on user migration from rivals like Uniswap. Will Hashflow’s zero-slippage RFQ model outpace AMM-dominated DEXs in the next cycle?