HFT (Hashflow) rose 8.76% in 24 hours

Gate News Bot message, September 2, according to CoinMarketCap data, as of the time of writing, HFT (Hashflow) is currently priced at $0.08, having risen by 8.76% in the last 24 hours, with a peak of $0.08 and a low of $0.07. The current market capitalization is approximately $49.8 million, an increase of $4.02 million compared to yesterday.

Hashflow is the liquidity layer of DeFi, featuring the largest RFQ network in the cryptocurrency space, offering tight spreads, zero slippage, and top-tier market makers. Hashflow's RFQ engine ensures users receive accurate quotes, eliminating transaction failures, toxic liquidity, and detrimental user experiences. Through a single seamless integration, access to over 25 top market maker networks across multiple major chains is available. Hashflow customizes liquidity for users to match unique needs. Users can earn rewards by staking HFT tokens and participate in Hashflow's governance.

Important news about HFT recently:

1️⃣ Hashflow leads in DEX tokens performance In July, Hashflow (HFT) performed outstandingly among decentralized exchange (DEX) tokens, leading the market. This strong performance reflects the increased confidence of investors in the Hashflow platform and its HFT token, which may be one of the main driving factors behind the recent price rise.

2️⃣ The Application Prospects of HFT in the DeFi Field High-frequency trading (HFT) technology is gradually being applied in decentralized exchanges, and Hashflow, as an important player in the DeFi space, is expected to benefit from this trend. HFT technology can improve market efficiency and increase liquidity, which may attract more traders to use the Hashflow platform.

3️⃣ DeFi liquidity demand continues to rise As a liquidity layer for DeFi, the importance of Hashflow has increased with the expansion of the decentralized finance market. Its provision of tight spreads, zero slippage, and top-tier market maker networks perfectly meets the rising demand for DeFi liquidity, which could be a long-term factor supporting HFT prices.

From a technical perspective, HFT has broken through the $0.08 mark, demonstrating strong short-term upward momentum. However, considering the high volatility of the cryptocurrency market, investors still need to closely monitor market changes and carefully assess risks.

This message does not constitute investment advice; investors should be aware of market volatility risks.