Hummingbot HBOT

1. Summary

Ranks

Liquidity

52

Developer

90

Social

44

Momentum (beta)

0

Stack Rank™

-

Price

$0.002996140000 -9.1%

Market Cap

$1.66M (#2454)

Supply

552.50M / 1.00B

Tags

Avalanche Ecosystem Ethereum Ecosystem

More Metrics

Price
52W High price	$0.007847360200
52W High date	28th Dec 2023 (6 months ago)
All Time High (ATH) Date	28th Dec 2021 (2 years ago)
ATH Price	$0.33
% From ATH	-98.99%
All Time Low (ATL) Date	1st Aug 2022 (1 year ago)
ATL Price	$0.000628570000
% From ATL	425.53%

Supply & Trading Volume
Trading Volume (24h)	$293.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	552.50M

Less Metrics

Description

The Hummingbot Governance Token, known as HBOT, is an ERC-20 Ethereum token. It is designed to allow holders to govern how the Hummingbot codebase evolves over time. This governance includes voting on proposals, including pull requests and improvement proposals, to guide the platform’s development and maintenance.

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The Hummingbot Governance Token, known as HBOT, is an ERC-20 Ethereum token. It is designed to allow holders to govern how the Hummingbot codebase evolves over time. This governance includes voting on proposals, including pull requests and improvement proposals, to guide the platform’s development and maintenance.

Hummingbot itself is an open-source framework that facilitates the creation and deployment of automated crypto trading strategies. It supports various types of exchanges, including centralized exchanges like Binance and Kucoin, as well as decentralized exchanges like Uniswap and PancakeSwap. The Hummingbot codebase is publicly available under the Apache 2.0 open-source license.

The Hummingbot Foundation is a not-for-profit organization that oversees the governance and maintenance of the Hummingbot codebase. HBOT token holders play a crucial role in the foundation’s governance, deciding on the allocation of maintenance bandwidth and development bounties for different connectors and strategies. This ensures the project remains community-driven and responsive to the needs of its users.

Key Features

• Modular Architecture: Hummingbot allows for the building and maintenance of custom connectors, strategies, and scripts, giving users flexibility and control.
• Community Focus: The platform is driven by a community of traders, developers, and HBOT token holders who contribute to the codebase and participate in governance decisions.

Installation

Hummingbot can be installed in multiple ways:

Via Docker

• Requires: Docker Compose
• Supports: MacOS 10.12.6+, Linux (Ubuntu 20.04+, Debian 10+), Windows 10+
• Requirements: 4 GB RAM, 5 GB HDD (per instance)

From Source

• Requires: Git, Anaconda or Miniconda
• Supports: MacOS 10.12.6+, Linux (Ubuntu 20.04+, Debian 10+)
• Requirements: 4 GB RAM, 3 GB HDD (per instance)

Usage

Hummingbot strategies can be constructed using controllers and position executors for advanced strategy creation. Scripts are available for lighter and more straightforward trading strategies. The platform supports multiple market types, including spot, perpetual swap, and AMM markets.

Governance

HBOT tokens are used to vote on proposals and participate in quarterly polls that decide which components to prioritize. Token holders can decide how to allocate bounties, elect the foundation’s Board of Directors, and influence the direction of the entire project.

Other Resources

• Other Repos: Links to additional project repositories, including the dashboard, gateway, deployment examples, and botcamp.
• Sponsors: Information on the project’s sponsors and partners.
• Contributions: Guidelines for contributing to the project and submitting proposals.
• Legal: Details on the licensing, data collection, and other legal aspects of the project.

Conclusion

Hummingbot, with its HBOT token, aims to democratize high-frequency trading by empowering its community to govern the platform's development and maintain the Hummingbot codebase.

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