Hive DEX in the Spotlight

What we often refer to as the internal market, in fact, a decentralized exchange with only one pair - HIVE-HBD -, has seen some focus from the Hive developers lately, which is great news.

Their efforts haven't yet converged into finite products, but they are coming along nicely, and we are talking about multiple developers or teams tackling the DEX aspects on the base layer for Hive.

Candles for Internal Market

On the blockchain core development, in the latest dev meeting (or at least in @howo's post summarizing it), there is a mention of Hive version 1.27.1 (a couple of weeks away?), where a bug discovered and fixed by @engrave should make the use of candles on the views of the internal market possible. That's a standard option for any financial chart, and the backend for using candles was there for a long time from what I understood from the dev talk, it was a bug that made that feature unusable.

Open-Source Front-Ends by PeakD

PeakD has a number of open-source projects funded by the DHF through the same proposal (#223). Among them is HiveHub.dev, which includes a block explorer for Hive, Hive-Engine and Splinterlands, a witness page for Hive and Hive-Engine, a proposal page, and a front-end for our DEX with a swap view instead of an order book. When completed, this should be a feature-rich interface that anyone can use for free and, even more important, build upon for free, since the code is publicly available.

Hive DEX API Beta

This especially caught my attention today.

Developed by @imvatsi - a regular in Hive core dev meetings from what I've seen -, this is the beta public release of an API interface for our DEX (based on the new HAF) meant to smoothen the way of integrating the relevant information from our Hive DEX onto Coingecko.

I designed this API according to Coingecko’s guidelines for possible inclusion on their platform.

Here's the post with the details:
@freebeings/hive-dex-api-beta-version-is-live

I also remarked what was the wording he used here:

This returns the list of available market pairs. (Currently, only HIVE-HBD is available)

I wonder if that means there are some serious talks to add other pairs on the base layer. Or if that's left for the second layers to implement.

Conclusion

Things are developing on the Hive DEX front, and I believe that's a great thing. The financial aspect is one of the core components of Web 3.0 and we need to keep building up this infrastructure.