Hotstuff

Hotstuff Airdrop Details

Hotstuff is closing perpetual markets on September 25, 2026 at 14:30 UTC and ending spot trading and app withdrawals on October 1, 2026 at 03:59 UTC (September 30, 11:59 PM ET). The team is shutting down current trading as it works toward an acquisition of Hotstuff Labs, with plans to relaunch its products under the acquiring company’s brand.

Latest Update: Hotstuff Winds Down Trading Operations

Hotstuff is closing perpetual markets on September 25, 2026 at 14:30 UTC and ending spot trading and app withdrawals on October 1, 2026 at 03:59 UTC (September 30, 11:59 PM ET). The team is shutting down current trading as it works toward an acquisition of Hotstuff Labs, with plans to relaunch its products under the acquiring company’s brand.

Users with funds on the platform should:

  1. Close open perpetual positions before 14:30 UTC on September 25. Positions still open at the cutoff settle automatically at the market price.
  2. Withdraw from vaults once perpetual markets close, as vault withdrawals only open after that point.
  3. Sell spot holdings or move supported assets to an external wallet before the October 1, 03:59 UTC deadline.
  4. Withdraw all remaining funds through the app before the same deadline.

After the app withdrawal window closes, withdrawals can only be requested by opening a support ticket in the official Hotstuff Discord.

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What is Hotstuff?

Hotstuff is a performance-optimized Layer-1 blockchain built specifically for high-speed on-chain trading. The protocol features 75-millisecond block times with 150-millisecond finality, capable of processing over 200,000 transactions per second. The platform addresses common DeFi trading issues including slow finality, unpredictable gas costs, and MEV through its fully on-chain order book system and deterministic fair-ordering mechanism.

The blockchain’s architecture includes DracoBFT consensus derived from the HotStuff protocol and CLH state commitments. A key differentiator is the platform’s gasless core actions for placing and cancelling orders, which eliminates transaction costs for basic trading operations. This design aims to deliver centralized exchange-grade performance and user experience while maintaining decentralization and transparency in execution.

Hotstuff raised $500,000 in a pre-seed funding round in January 2022, with backing from CoinDCX Ventures, Anton Bukov (1inch co-founder), Sergej Kunz (1inch co-founder), Julien Bouteloup, and Stefan George (Gnosis co-founder). The project was originally founded in 2021 under the name Syndr and is currently preparing for testnet launch with an active waitlist for early access.

Funding

$500K

Difficulty

Easy

Cost to Farm

Medium

Overview