Hummingbot

HBOT Price

About Hummingbot (HBOT)

Hummingbot is a community-owned, open-source Python framework designed to facilitate automated trading and market making across centralized and decentralized exchanges.

• The platform provides a modular architecture that allows users to build, customize, and maintain their own trading strategies and exchange connectors.
• Governance is managed by the Hummingbot Foundation, a not-for-profit entity where HBOT token holders vote on codebase updates and foundation initiatives.
• The framework supports a wide range of algorithmic activities, including liquidity provision, arbitrage, and directional trading through its various technical components.

What Is Hummingbot

Hummingbot serves as a technical infrastructure layer for algorithmic traders, providing the tools necessary to execute high-frequency and automated strategies. The project’s primary value proposition lies in its open-source nature, which lowers the barrier to entry for individual and institutional market makers who would otherwise need to build proprietary systems.

Value within the ecosystem is driven by the continuous improvement of the codebase, which is released under the Apache 2.0 license. The HBOT token is the primary mechanism for community participation, allowing holders to decide which exchange connectors and strategies are officially supported or prioritized. As the ecosystem scales, the token serves to decentralize the decision-making process, ensuring that the development of the framework remains aligned with the needs of its global user base of traders and developers.

What Makes Hummingbot Unique

• Modular Architecture: Users can independently develop and plug in new connectors for exchanges or technical strategies without altering the core codebase.
• DEX and CEX Interoperability: Through its Gateway middleware, Hummingbot enables high-performance trading on decentralized protocols while maintaining compatibility with traditional centralized exchanges.
• AI Integration: The framework includes a Model Context Protocol (MCP) server, allowing AI assistants to interface with the trading API for automated management.
• Community Ownership: Unlike many proprietary trading bots, the entire development roadmap and codebase maintenance are governed by a decentralized community of token holders.

What Can You Use Hummingbot for?

• Market Making: Users can provide liquidity to specific trading pairs on various exchanges to earn spreads or liquidity mining rewards.
• Cross-Exchange Arbitrage: The framework allows for the simultaneous monitoring of multiple platforms to capture price discrepancies between assets.
• Custom Strategy Development: Developers can use the Python-based framework to build bespoke trading logic tailored to specific market conditions.
• Protocol Governance: HBOT holders can participate in the governance of the Hummingbot Foundation by voting on proposals and technical improvements.

How Does Hummingbot Work?

Hummingbot operates as a local client or server-side application that connects to exchange APIs through a standardized interface. Its technical stack is primarily built on Python, utilizing Cython for performance-critical components. The system is divided into several repositories, including the Hummingbot Client for core trading logic and the Gateway middleware, which handles the complexities of interacting with different blockchain networks and decentralized exchanges.

As an application utility token, HBOT does not serve as network gas; instead, it is used to manage the protocol service fees and governance rights within the foundation's ecosystem. The modular design ensures that when a user executes a trade, the framework translates the strategy's instructions into the specific API calls required by the target exchange, whether it be a REST API for a centralized platform or an on-chain transaction for a decentralized one.

Team Info and Investors

Hummingbot was originally open-sourced by Coinalpha, a company focused on quantitative trading technology. The project is now overseen by the Hummingbot Foundation, a not-for-profit organization dedicated to the decentralized maintenance of the framework. Governance is handled through a decentralized structure where HBOT governance token holders make key decisions via a snapshot voting process. While specific individual investors are not detailed in the primary source material, the project is sponsored and supported by several major industry institutions, including Binance, OKX, and KuCoin.

Where can you buy Hummingbot?

HBOT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Hummingbot is Uniswap V3 (Ethereum), where the most active trading pair HBOT/USDC has a trading volume of $25.82 in the last 24 hours.

What is the daily trading volume of Hummingbot (HBOT)?

The trading volume of Hummingbot (HBOT) is $13.42 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Hummingbot (HBOT)?

Hummingbot (HBOT) reached an all-time high of $0.3266 and an all-time low of $0.0002921. It’s now trading -99.90% below that peak and 33.80% above its lowest price.

What is the market cap of Hummingbot (HBOT)?

Market capitalization of Hummingbot (HBOT) is $241,674 and is ranked #4777 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HBOT tokens (620 Million tokens are tradable on the market today).

What is the fully diluted valuation of Hummingbot (HBOT)?

The fully diluted valuation (FDV) of Hummingbot (HBOT) is $390,834. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion HBOT tokens are in circulation today. Depending on how the emission schedule of HBOT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Hummingbot compare against its peers?

With a price increase of 0.00% in the last 7 days, Hummingbot (HBOT) is underperforming the global cryptocurrency market which is up 4.20%, while underperforming when compared to similar Dex Aggregator cryptocurrencies which are up 19.20%.

How to add Hummingbot (HBOT) to MetaMask?

Adding Hummingbot (HBOT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HBOT as a token. You can copy HBOT’s contract address (0xe5097d9baeafb89f9bcb78c9290d545db5f9e9cb) and import it manually, or if you've installed MetaMask's chrome extension, add HBOT to MetaMask with one click on CoinGecko.

Add HBOT to MetaMask.