HurricaneSwap Bi-weekly Recap: Week 5&6

Published on: 22.11.2021

HurricaneSwap is the 1st cross-chain liquidity DEX based on Avalanche. With the innovative LP-Bridge mechanism (Roke Protocol), users can trade popular assets of other chains without leaving Avalanche.

Hurricane Major News

  • HurricaneSwap V2 is in final-stage testing, and will be launched soon!
  • Security Audit update
  • Partnership with Verso Finance, O3 and Lydia Finance
  • Rewards from Trading Competition have been claimed

Stats:

  1. $ 38,341,080 Total Value Locked (TVL, Peak Value)
  2. $28,698,245.83 Daily Trading Volume (Peak Value)
  3. 4,268 Interactive Addresses
  4. 31,445 $HCT Holders
  5. 1,921 Actively trading user

Product Updates

. Update Bug Bounty workflow

They submitted a new Bug Bounty Plan, which will list on Immunefi (http://immunefi.com/), a blockchain bug-bounty integration platform. The new bug bounty will be public in 1–2 weeks time.

2. HashEx audit update

HashEx is auditing the contract of HurricaneSwap V2. More information will be released after the audit is completed.

3. Add LP Token Bridge

Completed the PoC (proof of concept) of the LP token bridge to realize that LPs in the BSC station could cross-chain their HcSwap LP token to Avalanche C-chain and receive HCT rewards.

4. Design Update

Updated Migration, LP-Token Bridge, Stake, and Farm page designs. Bring in Proof of Reserve data display in the Info & Swap page.

5. Other

Public Peckshield audit report of HurricaneSwap V2 and Slowmist audit report of HurricaneSwap V2 released. View on: https://github.com/HurricaneSwap/AuditReport;

Open-sourced portion of V2 contract in GitHub: https://github.com/HurricaneSwap/v2-contract;

Fully open-sourced V1 contract on Snowtrace.io explorer (e.g. https://snowtrace.io/address/0x45c13620b55c35a5f539d26e88247011eb10fdbd) ;

DAO feature design and V3 flashloan-arbitrage function design.

Partnership, podcasts and AMAs

Upcoming

  • New Farm: VSO/HCT, O3/HCT, LYD/HCT
  • HurricaneSwap-Intro AMA at communities of Verso Finance, O3 and Lydia FinanceThanksgiving Event
  • HurricaneSwap V2 is coming

SOURCE

https://hurricaneswap.medium.com/hurricaneswap-bi-weekly-recap-week-5-6-3f1fc6068210

 

Market Stats:
BTC Dominance: 57.2%(-0.45%/24h)
ETH Dominance: 12.17%(+0.07%/24h)
Defi Market Cap: $115.03B(-20.56%/24h)
Total Market Cap: $3304.08B(-0.99%/24h)
Total Trading Volume 24h: $143.64B(-14.98%/24h)
ETH Market Cap: $401.12B
Defi to ETH Ratio: 28.68%
Defi Dominance: 3.34%
Altcoin Market Cap: $1414B
Altcoin Volume 24h: $95.96B
Total Cryptocurrencies: 32940
Active Cryptocurrencies: 10440
Active Market Pairs: 94947
Active Exchanges: 772
Total Exchanges: 9798
BTC: 95480.3$(1.68%/1H)
ETH: 3343.27$(3.23%/1H)
AVAX: 37.59$(4.91%/1H)
BNB: 661.45$(0.97%/1H)
MATIC: 0.48$(3.6%/1H)
FTM: 1$(6.26%/1H)
ADA: 0.9$(4.22%/1H)
DOT: 7.05$(5.15%/1H)
UNI: 14.28$(5.33%/1H)
CAKE: 2.4$(3.7%/1H)
SUSHI: 1.49$(5.4%/1H)
ONE: 0.03$(6.85%/1H)