Hashflow Volume Drops to $36M as Trading Activity Stabilizes
Hashflow Volume Drops to $36M as Trading Activity Stabilizes
馃搲 Hashflow's quiet week
Hashflow's weekly trading volume fell to $36M as the platform focused on system refinements rather than growth.
The DEX maintained 1,600+ active traders with more balanced trade sizes across stables, ETH, and BTC pairs. This consistency allowed market makers to calibrate more effectively.
Key Trading Metrics:
- BTCUSDC/USDT: P95 at $139.6k, P50 at $7.4k
- USDCUSDT: P95 at $75.6k, P50 at $3.0k
- ETHUSDC/USDT: P95 at $32.9k, P50 at $0.878k
Aggregator Rankings:
- Jupiter Exchange leads weekly volume
- CoWSwap and OKX follow
- Biggest growth from WowmaxExchange, Navi Protocol, and Bluefin
The data shows small trades dominate the market, with larger transactions concentrated in BTC pairs. Hashflow positioned this quieter week as foundational work for more durable future flow.
Hashbeats: Nov 28 Activity held steady this week with 1,600+ active traders and a well-distributed band of mid-range flow across major pairs. Trade sizes in stables, ETH, and BTC settled into a more balanced range, giving makers clearer signals to calibrate against. That
Hashbeats: November 7 This week we saw clear results from our recent maker optimizations, with improved efficiency and more sustainable volume across markets.
Hashbeats: November 14 We鈥檙e seeing the compounding effects of our maker improvements, driving steadier flow and sustained growth, and we鈥檙e continuing to double down from here.
Hashbeats is here! The team was in Buenos Aires for Devconnect, meeting with existing and upcoming partners, on both sides of the RFQ engine. Here鈥檚 your update: Hashbeats: November 21 Volumes softened this week as we worked through some early issues with a few market makers.
Hashflow Releases December HashBeats Report
**Hashflow published its latest HashBeats report** covering recent developments in the multi-chain DEX ecosystem. The report provides updates on: - Platform performance across supported chains - Trading metrics and user activity - Recent protocol developments Hashflow continues operating as a **slippage-free DEX** across major blockchains including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, and Polygon. [Read the full HashBeats report](https://news.hashflow.com/hashbeats-december-5-2/)
USDC Trading Surges Past BTC as Market Structure Shifts
**USDC trading volumes overtook BTC** as the dominant venue this week, marking a significant shift in market structure. **Key Trading Metrics:** - USDCUSDT emerged as largest venue with P95 at 678.7k - BTCUSDC/USDT dropped to second place at 164.6k P95 - ETHUSDC/USDT remained smallest at 25.7k P95 **Notable Changes:** - USDC volumes increased dramatically from previous weeks - BTC maintained strong position but lost top spot - ETH trading stayed consistent at lower levels The **tiered structure** shows most activity still concentrated in smaller trades, with median sizes ranging from 1.3k to 3.0k across pairs.
Jupiter Maintains DEX Aggregator Lead as Wowmax Exchange Posts Major Growth
**Jupiter continues its dominance** in the DEX aggregator space, leading weekly trading volume for another consecutive period. **Top performers by volume:** - Jupiter holds the #1 position - CowSwap secures second place - OKX Dex rounds out the top three **Biggest growth winners** this week include: - Wowmax Exchange posting standout gains - Navi Protocol showing strong expansion - Bluefin delivering notable week-over-week increases The aggregator landscape shows **consistent leadership** from established players while newer protocols demonstrate significant momentum in trading activity.