HadeSwap (HADES) Research Report

HadeSwap's Positioning and Significance

HadeSwap (HADES) is a fully decentralized cryptocurrency trading protocol designed to bridge the gap between crypto, NFT, and DeFi ecosystems. As the most efficient and decentralized NFT trading platform, HadeSwap addresses the liquidity and trading experience challenges inherent in the NFT market.

The platform's core innovation is an Automated Market Maker (AMM) designed specifically for NFT trading, enabling users to trade and exchange NFTs through liquidity pools—similar to how Uniswap revolutionized cryptocurrency trading. Operating with a pioneering 0% platform fee model, HadeSwap removes traditional trading friction and democratizes NFT market access.

As of December 2025, HadeSwap maintains an active holder base of 48,368 addresses, demonstrating sustained community engagement. With a current market capitalization of $510,799.99 and a fully diluted valuation of $330,076.28, the project represents a focused specialized platform within the NFT trading infrastructure sector.

This report provides a comprehensive analysis of HadeSwap's technical architecture, operational model, market performance, and strategic positioning within the decentralized NFT economy.

Origin and Development History

Genesis and Vision

HadeSwap emerged as a specialized decentralized trading protocol targeting a critical market gap: the inefficiency and illiquidity of NFT trading mechanisms. Unlike traditional NFT marketplaces that rely on order books and external price discovery, HadeSwap introduced an AMM model specifically engineered for NFT assets.

The protocol's founding vision centered on enabling frictionless NFT liquidity provision, allowing users to participate in market-making through liquidity pools. This represents a paradigm shift from static NFT marketplaces to dynamic, user-empowered trading infrastructure.

The platform's zero platform fee commitment reflects its mission to maximize capital efficiency and remove intermediary costs—a foundational principle that distinguishes it within the NFT trading landscape.

Market Performance Milestones

Price History:

• All-Time High (ATH): $9.67 on January 27, 2023
• All-Time Low (ATL): $0.001737 on September 12, 2024
• Current Price (as of December 29, 2025): $0.005108

Recent Performance Trends:

• 1-Hour Change: +1.23%
• 24-Hour Change: +1.79%
• 7-Day Change: +0.18%
• 30-Day Change: -30.43%
• 1-Year Change: -92.91%

The significant year-over-year decline reflects broader market volatility and the competitive pressures faced by specialized NFT infrastructure protocols. However, recent daily performance (+1.79% in 24 hours) suggests potential stabilization and renewed market interest.

How HadeSwap Operates

Decentralized Architecture

HadeSwap operates on the Solana blockchain, leveraging Solana's high throughput and low-cost transaction environment to optimize NFT trading efficiency. The protocol runs across a distributed network of nodes and smart contracts, eliminating reliance on centralized intermediaries or order management servers.

This decentralized design ensures:

• Censorship Resistance: No single entity can block transactions or restrict market access
• Transparency: All transactions and pool states are publicly verifiable on-chain
• Resilience: Network continuity is maintained through distributed validator participation

AMM for NFTs

HadeSwap's core innovation is adapting the Automated Market Maker model—proven successful in DeFi token trading—to the unique characteristics of NFTs:

Traditional NFT Markets vs. AMM Model:

• Order Book Marketplaces: Require matching buyers and sellers; suffer from liquidity fragmentation
• HadeSwap AMM: Users deposit NFT collections into liquidity pools and receive trading fees proportional to their share

Key Mechanisms:

• Liquidity providers (LPs) deposit NFT collections and receive pool tokens representing their stake
• Traders interact directly with pools, executing transactions programmatically without counterparty discovery delays
• Prices are determined algorithmically based on pool composition and supply/demand dynamics
• LP participation generates passive income through accumulated trading fees

Zero Fee Model

HadeSwap's groundbreaking zero platform fee structure removes traditional marketplace economics:

• No protocol-level fees extracted on trades
• Liquidity providers capture full trading spreads and fee accrual
• Reduced cost barrier to market participation and liquidity provision

This fee structure contrasts sharply with traditional NFT marketplaces (typically 2-5% fees) and represents a competitive advantage in attracting liquidity providers and traders.

Smart Contract Security

HadeSwap's functionality is implemented through Solana-based smart contracts using the contract address: BWXrrYFhT7bMHmNBFoQFWdsSgA3yXoAnMhDK6Fn1eSEn

The protocol secures transactions through:

• Cryptographic Verification: Digital signatures ensure transaction authenticity
• Immutable On-Chain Records: All trades and liquidity events are permanently recorded on Solana's blockchain
• Program Logic: Smart contracts enforce AMM rules, preventing unauthorized transfers or manipulation
• Network Consensus: Solana validators confirm and finalize all transactions through Proof-of-Stake consensus

Market Data and Trading Information

Supply and Distribution

Market Valuation

Liquidity and Access

• Active Holders: 48,368 addresses
• Trading Availability: Available on Gate.com
• Blockchain: Solana (SOL)
• Explorer: Solana Explorer

Strategic Assessment and Positioning

Market Niche

HadeSwap occupies a specialized position within decentralized NFT infrastructure. Rather than competing as a general NFT marketplace, it provides fundamental trading infrastructure optimized for liquidity provision and efficient price discovery.

Competitive Advantages

1. Zero Platform Fees: Removes traditional marketplace intermediation costs
2. Solana Efficiency: Leverages Solana's high-speed, low-cost infrastructure
3. AMM Innovation: Applies proven DeFi mechanisms to NFT markets
4. Decentralization: Eliminates single points of control or censorship

Current Challenges

The significant year-over-year price decline (-92.91%) reflects several market headwinds:

• NFT Market Contraction: Broader industry decline in NFT trading volumes
• Competition: Established NFT marketplaces maintain user incumbency
• Adoption: Limited liquidity pool depth compared to centralized alternatives
• Market Sentiment: Reduced retail interest in NFT investments

Getting Started

Users interested in trading HADES tokens can access the token on Gate.com, which provides comprehensive trading pairs, real-time price data, and secure custody options.

For detailed acquisition guidance, refer to the How to Buy HADES Guide.

Official Resources:

• Website: https://www.hadeswap.com/
• Twitter: https://twitter.com/hadeswap
• Solana Explorer: https://explorer.solana.com/account/BWXrrYFhT7bMHmNBFoQFWdsSgA3yXoAnMhDK6Fn1eSEn

Conclusion

HadeSwap represents an important experimentation in decentralized NFT trading infrastructure, introducing AMM mechanics and zero-fee models to a traditionally gatekept market. While current market valuation reflects broader industry challenges, the protocol's technical foundation and innovative fee structure position it as a meaningful contributor to NFT market democratization.

Success for HadeSwap will depend on sustained liquidity provider participation, technical reliability, and the broader recovery of NFT market fundamentals. Investors should carefully assess NFT market dynamics and liquidity provision risks before participation.

HadeSwap Market Performance

Market Overview

HadeSwap (HADES) is a fully decentralized cryptocurrency trading protocol designed for exchanging, earning, and building with a perfect fusion of crypto, NFTs, and DeFi. As the most efficient and decentralized NFT trading platform, HadeSwap operates as an automated market maker (AMM) NFT market that significantly improves NFT liquidity and trading experience. The platform enables users to trade and exchange NFTs through liquidity pools, similar to how users trade cryptocurrencies on traditional DEXs. Notably, HadeSwap distinguishes itself by maintaining a platform fee of 0% from inception.

Circulation Overview

As of December 29, 2025, HADES has a circulating supply of 100,000,000 tokens, with a maximum supply capped at 100,000,000 tokens. The circulating supply represents 100% of the maximum supply, indicating that all tokens are currently in circulation. The token operates on a fixed supply model with no additional inflation mechanisms.

Price Volatility

HADES reached its all-time high of $9.67 on January 27, 2023, reflecting significant market enthusiasm during a favorable market period. Conversely, the token experienced its all-time low of $0.001736 on September 12, 2024, marking a substantial decline from its peak.

As of December 29, 2025, HADES is trading at $0.005108, reflecting a dramatic -92.91% decline over the past year. The token has experienced significant price pressure, with the 30-day performance showing a -30.43% decrease. However, short-term momentum remains mixed:

• 1-hour change: +1.23%
• 24-hour change: +1.79%
• 7-day change: +0.18%

View current HADES market price on Gate.com

Market Metrics

• Current Price: $0.005108
• Market Capitalization: $510,799.99
• Fully Diluted Valuation: $330,076.28
• 24-hour Trading Volume: $8,498.44
• Market Rank: #3,187
• Token Holders: 48,368

Network Information

HADES operates on the Solana (SOL) blockchain. The contract address is: BWXrrYFhT7bMHmNBFoQFWdsSgA3yXoAnMhDK6Fn1eSEn

Users can verify transactions and holdings through the Solana blockchain explorer.

Resources

• Official Website: https://www.hadeswap.com/
• Official Twitter: https://twitter.com/hadeswap
• Trading: Available on Gate.com

HadeSwap (HADES) Comprehensive Analysis Report

Overview

HadeSwap (HADES) is a fully decentralized cryptocurrency trading protocol that seamlessly combines crypto, NFT, and DeFi functionalities. As the most efficient and decentralized NFT trading platform, HadeSwap operates on the Solana blockchain and leverages an automated market maker (AMM) architecture to revolutionize NFT liquidity and trading experiences.

Current Market Position (as of December 29, 2025):

• Current Price: $0.005108
• 24-Hour Change: +1.79%
• Market Cap: $510,799.99
• Fully Diluted Valuation: $330,076.27
• Circulating Supply: 100,000,000 HADES
• Total Supply: 64,619,474.90 HADES
• Trading Volume (24H): $8,498.44
• Market Ranking: 3,187

Project Description

HadeSwap enables users to trade and exchange NFTs using liquidity pools, mirroring the experience of trading cryptocurrencies on platforms like Uniswap. The protocol stands out with its distinctive feature of charging zero platform fees from inception, with a default fee structure of 0% for each transaction.

Core Technology

• Blockchain: Solana
• Contract Address: BWXrrYFhT7bMHmNBFoQFWdsSgA3yXoAnMhDK6Fn1eSEn
• Architecture: Automated Market Maker (AMM) for NFT markets
• User Base: 48,368 token holders

Price Performance Analysis

Historical Price Movements

• All-Time High: $9.67 (January 27, 2023)
• All-Time Low: $0.001737 (September 12, 2024)
• 24-Hour Range: $0.005018 - $0.005402

Price Trends

Market Sentiment

The token demonstrates significant volatility with a substantial year-over-year decline of 92.91%, reflecting the challenging market conditions in the NFT and DeFi sectors. However, short-term movements show marginal recovery with positive 24-hour and 1-hour gains.

Network Statistics

• Total Market Cap: $330,076.27
• Circulating Supply Ratio: 100%
• Market Share: 0.000010%
• Exchange Listings: 1 (available on Gate.com)
• 24-Hour Trading Volume: $8,498.44

How to Participate in HadeSwap

Trading Channels

Purchase HADES tokens on Gate.com, where the token is actively traded with consistent liquidity.

Security and Storage

For token storage, consider using standard cryptocurrency wallets compatible with Solana blockchain assets.

Ecosystem Participation

Users can:

• Participate in NFT trading through HadeSwap's AMM protocol
• Provide liquidity to NFT pools
• Benefit from the zero-fee transaction structure
• Engage with the growing Solana-based DeFi ecosystem

Official Resources

• Official Website: https://www.hadeswap.com/
• Blockchain Explorer: Solana Explorer - HadeSwap Contract
• Social Media: Twitter/X - @hadeswap

Market Challenges and Considerations

HadeSwap faces several headwinds:

• Market Volatility: The token has experienced a 92.91% decline over the past year, reflecting broader challenges in the NFT market segment.
• Liquidity Constraints: Trading volume remains relatively modest at $8,498.44 in 24-hour volume, suggesting liquidity challenges.
• Competitive Landscape: The NFT trading platform sector faces intense competition from established players and emerging platforms on multiple blockchain networks.
• Sector Headwinds: The broader NFT market has experienced significant contraction, impacting user adoption and trading activity.

Summary

HadeSwap represents an innovative approach to NFT trading through its decentralized AMM protocol on the Solana blockchain. The platform's zero-fee structure and user-friendly liquidity pool mechanism position it as an interesting alternative for NFT traders seeking efficient, decentralized trading solutions.

However, potential participants should note the project's significant price decline and the current challenges facing the NFT market segment. The token's performance metrics and market position suggest it remains a niche asset within the broader cryptocurrency ecosystem.

For those interested in NFT trading infrastructure and decentralized finance innovation, HadeSwap offers a unique value proposition. Nevertheless, investors should carefully assess risk tolerance and conduct thorough due diligence before participation, particularly given market volatility and sector-specific challenges.

Last Updated: December 29, 2025

FAQ

What is the Hades in the Bible?

In Biblical context, Hades refers to the Greek underworld or the realm of the dead in New Testament writings. It represents the place where souls reside after death, often translated as hell or the grave, symbolizing separation from divine presence and eternal consequences for sin.

Do Christians go to Hades?

HADES is a cryptocurrency token, not a religious concept. In Christian theology, believers go to Heaven, while Hades refers to the underworld in Greek mythology. The HADES token operates independently from religious doctrine.

What is the real meaning of Hades?

Hades represents a decentralized cryptocurrency protocol designed for secure transactions and smart contract functionality. It combines advanced cryptographic mechanisms with blockchain technology to enable transparent, immutable, and efficient digital asset management within the web3 ecosystem.

Why did Jesus go to Hades?

In Christian theology, Jesus descended to Hades (the underworld) after his crucifixion to triumph over death and lead the righteous to salvation. This event, known as the Harrowing of Hell, represents Jesus's victory over sin and death before his resurrection.

What is the difference between Hades and Hell in Christian theology?

In Christian theology, Hades refers to the Greek underworld or the abode of the dead, while Hell specifically denotes the place of eternal punishment for the wicked. Hades is more neutral, housing all deceased souls, whereas Hell emphasizes divine judgment and torment for sinners.