In this week’s episode, we talk with Varun Kumar and Pranay Mohan from Hashflow, a new decentralized exchange that wants to unbundle Uniswap. What this means is, they want to keep the non-custodial side and the liquidity pools, but instead of finding prices with smart contacts and a formula, they use market makers applying their highly specialized strategies and algorithms behind the scenes. Anyone can become a market maker, and some may open their pools so that others will be able to share their capital in exchange for a portion of trading fees. Their bet is that they will combine machines and humans in just the right way, to provide cheaper rates at lower prices.

Big thanks to our sponsors:

• Balancer, one of the leading DeFi automated market makers (AMM) for multiple tokens. Dive into their pools at https://balancer.finance/!
• Enzyme provides an easy way to build, scale and monetize DeFi investment strategies
• Kraken, consistently rated the best and most secure cryptocurrency exchange, which can get you from fiat to DeFi
• Aave, an open source and non-custodial liquidity protocol where users can earn interest on deposits and borrow assets
• Kyber, whose Dynamic Market Maker, or DMM, is designed to react to market conditions to optimize fees, maximize returns