The DeFi protocol, which started its operations in 2021, has now reached a volume of $17 billion. Just a few minutes ago, the launch of “2.0” representing the exchange’s transformation was announced. The team aims to improve the user experience by introducing the Smart Order Routing (SOR) feature in addition to the previous version.
In the announcement, it was stated that with SOR support, Hashflow 2.0 will direct investors to the best prices regardless of their resources. Initially, Hashflow will try to provide efficient and competitive price quotes from market makers. If market makers do not offer the best price, Hashflow will also receive quotes from AMMs and direct investors to the best price.
It was stated that Smart Order Routing is a natural extension of Hashflow’s original purpose. SOR focuses on the philosophy that a trader does not need to know the background of an RFQ engine or an AMM. This information is considered unnecessary, and the only thing that matters to traders is the price.
Shortly after the 2.0 launch, the team announced that the protocol will also be implemented on Solana.
These innovations and advancements strengthen Hashflow’s position in the DeFi space and indicate important steps taken to provide users with the efficiency and competitive pricing they need.