Heat is an onchain derivatives trading terminal that launched as the rebranded successor to Perpflow, a project previously focused on delta-neutral yield strategies on Hyperliquid using funding-rate approaches. Heat's Twitter Score is 15 out of 1000 as of August 2026, ranking #64,861 among 482,922 tracked accounts.
Heat was founded by 0xkocha and launched as a dedicated onchain derivatives terminal in March 2026, building on the groundwork laid by the bootstrapped, token-free Perpflow project. The platform has since expanded its feature set to include an options-oriented interface designed to make options trading more accessible, pair trading powered by Bounce. Tech, and integrated 15-minute crypto outcome markets sourced from Polymarket. Heat also maintains an affiliation with Derive as part of its broader derivatives ecosystem integrations.
Heat received backing from the Circle 2025 USDC Developer Grant Program, signaling early institutional recognition of its approach to onchain derivatives infrastructure. The project remained active through at least July 2026, with product updates around pair trading continuing to be published. Heat has published 320 posts and has been mentioned by 5 accounts a total of 6 times.
Who follows Heat on X?
The accounts that follow Heat include 61 founders, 19 angel investors, 36 influencers and 1 VCs, among them DeFi Dad defidad.eth, 0xMaki, DFarmer, smartestmoney.hl, Kel and Jenn.