Dex Aggregator · Review
ActiveHashflow Review 2026: RFQ Trading With Market Makers
Hashflow is an RFQ-based trading platform that routes swaps through professional market makers on six EVM chains. Its listed TVL is small and no audits are listed, so check current details before relying on it.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.0/10
Mixed
Our verdict on Hashflow
6.0/10Hashflow suits traders and integrators who want fixed quotes from professional market makers instead of pool-based pricing. Its main strength is the RFQ design, which the project says gives guaranteed pricing and MEV protection. The main caveats are that no audits are listed, TVL is small, and fees are not stated publicly. Treat the large volume figure as a project claim and confirm details on the official site before trading.
Score breakdown
How Hashflow scores
- Security
- 5.0/10
- Ease of use
- n/a
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Hashflow?
Hashflow is an RFQ trading platform that DefiLlama classifies as a DEX aggregator. It says it powers one of DeFi's largest RFQ liquidity sources, with over $20 billion in volume through professional market makers. It has been listed since February 2022.
DefiLlama shows it live on Ethereum, Arbitrum, Polygon, BNB Chain, Avalanche and Optimism. It lists a token, HFT, and a current TVL of roughly $263,695, up about 1% over seven days.
The project describes itself as having grown from a decentralized exchange into a trust benchmark for the exchange ecosystem, anchored by its xOS zk-settlement layer. Its homepage pitches integration to partners who want access to market maker liquidity.
How Hashflow works
Hashflow uses a request-for-quote model. When a user asks to trade, professional market makers provide a firm price. The user accepts the quote and the trade settles on-chain at that price. This differs from an automated market maker, where the price moves with a pool's balance as you trade.
Because quotes are fixed before execution, Hashflow says it can offer guaranteed pricing and protect against MEV exploits. Market makers take on the pricing risk instead of liquidity providers in a shared pool.
Hashflow also describes xOS, a zk-settlement layer meant to give provable trust across exchanges. The project does not say how xOS works or how widely it is used, so treat it as a stated direction.
6 features
Key features
01
RFQ trading model
Prices come from professional market makers who quote trades directly, rather than from a passive AMM curve.
02
Guaranteed pricing
Hashflow says quotes are guaranteed, so the price shown is the price a trader gets.
03
MEV protection claim
The project says its design protects trades from MEV exploits such as sandwich attacks.
04
Multi-chain support
Available on Ethereum, Arbitrum, Polygon, BNB Chain, Avalanche and Optimism per DefiLlama.
05
xOS settlement layer
Hashflow xOS is described as a universal zk-settlement layer intended to provide provable trust across exchanges.
06
Integration for partners
The homepage invites partners to integrate Hashflow to give their users access to its market liquidity.
Pros and cons
What we like
- Quotes come from professional market makers, which can give fixed prices before a trade.
- The project claims protection against MEV exploits such as sandwich attacks.
- Supports six major EVM chains.
- Listed since 2022, so it has a multi-year presence.
- Offers integration for apps that want RFQ liquidity.
Watch out for
- DefiLlama lists no audits for the protocol, and none are named.
- Listed TVL is about $263,695, which is small for a project that cites over $20 billion in cumulative volume.
- Pricing depends on professional market makers, so liquidity and quote quality rest on a small set of counterparties.
- Fee schedules are not published publicly, so users cannot compare costs in advance.
- Its homepage is nearly empty, so product details need checking on the official site.
- The xOS settlement layer is described only in marketing terms and its adoption is not shown publicly.
Hashflow fees
Fee details are not published. Hashflow does not list trading fee rates there, so none are stated here.
Users would see the quoted price and any network gas cost in the trading interface before confirming a swap. Check the official site and documentation for current fee information.
Is Hashflow safe?
DefiLlama lists no audits for Hashflow, and none are named. That does not prove the code is unaudited, but it means readers should look for audit reports in the project's documentation before using it with large amounts.
RFQ trading means you depend on market makers honoring quotes and on Hashflow's contracts settling correctly. Funds stay in your wallet until a trade executes, but you still carry smart-contract and counterparty risk. The project does not describe past incidents or regulatory status.
6 steps
How to get started with Hashflow
- 1
Open the official Hashflow site and confirm the URL before connecting a wallet.
- 2
Connect a compatible EVM wallet and choose a supported network such as Ethereum or Arbitrum.
- 3
Select the tokens to swap and enter an amount.
- 4
Review the quoted price, network gas cost and any listed fees.
- 5
Confirm the transaction in your wallet and check the result on a block explorer.
- 6
Start with a small amount while you get familiar with the interface.
Who Hashflow is for
Hashflow is for DeFi traders who care about price certainty and MEV exposure, and for developers or platforms that want to add RFQ liquidity. Newcomers should confirm fees and audits on the official site first.
Hashflow FAQs
What is Hashflow?
Hashflow is a trading platform that uses a request-for-quote model. Professional market makers supply prices, and traders or integrating apps execute against those quotes instead of a traditional liquidity pool. DefiLlama files it under DEX Aggregator.
Which chains does Hashflow support?
DefiLlama lists Ethereum, Arbitrum, Polygon, BNB Chain, Avalanche and Optimism. Support may change, so confirm the current network list in the app.
What is the HFT token?
HFT is the token DefiLlama associates with Hashflow. Public sources provided do not describe its utility or tokenomics, so check the project's own documentation for details.
Does Hashflow protect against MEV?
Hashflow says its RFQ design gives guaranteed pricing and protection against MEV exploits. That is a project claim from its description, not something verified here. Quotes are provided by market makers, so you rely on their pricing.
Has Hashflow been audited?
DefiLlama lists zero audits for Hashflow, and none are named. Check the project's documentation for any audit reports before depositing significant funds.
Can developers integrate Hashflow?
Hashflow says it can be integrated so other platforms can offer users access to its market maker liquidity. The details of the integration process are not public, so see the official site.
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How we checked
Sources
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