Hummingbot Bi-weekly #21

v0.17.0 release, crypto liquidity report, partnership with Liquid.com, SFBW, and more

Hummingbot Bi-weekly #21

Welcome to the Hummingbot Bi-weekly, your regular dose of updates about new features ๐Ÿค–, upcoming events ๐ŸŽ‰, and announcements from our rapidly expanding community ๐Ÿ‘ช!


๐Ÿ”‘ NEW Bittrex connector in Hummingbot v0.17.0

Hummingbot version 0.17.0 is live! This release adds support for Bittrex International, our 8th supported exchange. We also improved the accuracy of performance calculations and how log files are handled, in addition to fixing more bugs.


๐ŸŒŠ Crypto liquidity report - new research from hummingbot

Recently, we conducted a first-of-its-kind analysis to measure the liquidity of crypto assets using high-resolution Binance order book data. In this report, we assess and rank the 159 cryptocurrencies on Binance based on their liquidity in August 2019.

To measure liquidity, we use slippage, which measures the price impact of a buy or sell order. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. We believe slippage is a more robust indicator of liquidity than trading volume.

TL;DR

  • The most liquid asset is 600x more liquid than the least liquid asset.
  • Higher market cap assets and stablecoins have better liquidity.

๐Ÿค Partnership with Liquid by Quoine

We are extremely excited to announce that Hummingbot has partnered with Liquid to create an exchange integration for Liquid.com that will enable users to deploy Hummingbotโ€™s automated trading strategies on Liquid as well as pave the way for future liquidity rewards programs on the Liquid platform.

What makes us so excited about this partnership is the alignment of our companiesโ€™ core mission: enabling crypto to realize its potential by solving liquidity. We believe that Hummingbotโ€™s ability to decentralize market making and Liquidโ€™s single globally-sourced trading platform (its โ€œWorld Bookโ€) are highly complementary, benefiting Hummingbot users, Liquid users, and the general liquidity landscape for the crypto market.

Working together, we are one step closer to achieving our mission of increasing market efficiency and democratizing finance; efficient trading and liquidity should be available to all, not just the largest digital assets or projects with the deepest pockets.


๐ŸŽ™๏ธ Interview with RigoBlock

As mentioned in the previous newsletter, we are rolling out an Interview Series in Hummingbot Live to introduce interesting crypto projects, and learn experience from seasoned Hummingbot users.

The second project featured in Hummingbot Live Interview Series is Rigoblock, a crypto asset management protocol. In this show, we interviewed Gabriele Rigo, Founder of Rigoblock to learn more about his project and his experience using Hummingbot!

Donโ€™t forget to tune in the next episode of Hummingbot Live here this Thursday at 9:30 am (PDT)!


๐Ÿฅ‚ Meet us during San Francisco Blockchain Week

0x meetup | The road to v3.0 and ZRX staking

Oct 30, 2019

We will be making an exciting announcement at 0x meetup during SFBW. So donโ€™t miss out on this event! Come envision Hummingbotโ€™s future with us!

#DeFi night with open bar

Nov 1, 2019

We will join an amazing lineup of #DeFi super teams to discuss the latest progress in the #DeFi community. Good news is the venue provided by Solona is just two blocks away from SFBW. So come join us for a fabulous evening of engaging discussion, networking and open bar!


๐Ÿ‘‹ Hello Singapore!

Liquidity Mining Singapore meetup featuring Liquid, Bitcoin.com Exchange & Hummingbot

Nov 13, 2019

Will you be at The Capital conference held by CoinMarketCap this November in Singapore?

Hummingbot, Liquid by Quoine and Bitcoin.com Exchange invite you to this joint event to learn more about crypto algorithmic trading, the liquidity mining partnership, and how you can get started with algo trading.


๐Ÿฟ Crypto snacks

A curated list of recently-published content about crypto trading, #DeFi, and other topics that might be interesting for Hummingbot users and developers

๐Ÿน Missed DevCon5? No worries. Check out this 8-hour long replay of Defi.WTF event in Osaka to stay at the forefront of all the latest DeFi trends. In addition, if you are a Chinese reader, you can check out this summary compiled by DDEX co-founder Bowen Wang.

๐Ÿฅ— Interesting data visualization for centralized crypto exchange using ensemble algorithms by Jesus Rodriguez, CTO at IntoTheBlock.

๐Ÿฉ What are the challenges of running a crypto hedge fund? Jeff Dorman, CIO at Arca Funds, shares his thoughts and experience after running the fund for 365 days.


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