Haystack
HAY Rank #4959Price chart
What is Haystack?
Overview
Haystack provides a decentralized finance experience designed primarily for mobile users on the Algorand blockchain. It removes barriers to entry while maintaining principles of security and self-custody. The platform serves users seeking to trade, manage portfolios, and access yield opportunities on Algorand without compromising on ease of use or safety.
How it works
Haystack operates on the Algorand blockchain and uses Deflex's universal order router to aggregate liquidity across the Algorand ecosystem. This routing mechanism enables best-execution trades and provides real-time portfolio analytics. Users maintain self-custody of their assets throughout transactions.
Token and supply
HAY is the platform's utility token with a fixed maximum and total supply of 100 million tokens. The token unlocks fee discounts, enables access to enhanced yield opportunities, and funds an automated buy-and-burn mechanism that ties token value to platform activity. The token's design aligns the interests of holders with platform growth.
Where to trade HAY
1 exchanges · top 10
Live spot quotes from connected exchanges
HAY funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.