Hotstuff is a DeFi-native Layer 1 protocol built for self-custodial perpetuals trading, tokenized-asset markets, and fiat rails, co-founded by Madhur Kumar Sharma and Vyom Sharma. Hotstuff's Twitter Score is 34 out of 1000 as of September 2026, ranking #28,433 (top 10%) among 486,037 tracked accounts.
Hotstuff launched an invite-only mainnet beta in February 2026, offering BTC-USDC, ETH-USDC, and SOL-USDC perpetual markets with leverage up to 50x. The project previously operated under the name Syndr, an institutional-grade decentralized derivatives exchange built on an application-specific Layer 3 rollup on Arbitrum. Per an April 2022 industry report, Syndr was founded in 2021 and had raised $500,000 from CoinDCX Ventures and crypto-industry angel investors at that time.
Hotstuff is affiliated with Hotstuff Labs and Syndr LLC. The project is backed by Delphi Ventures, Dialectic, Stake Capital, Tykhe Ventures, Outlier Ventures, and CoinDCX Ventures, with additional support from founders associated with 1inch, Gnosis, Socket, and Biconomy. Hotstuff has published 472 posts on the platform and has been mentioned by 92 accounts a total of 532 times.
Who follows Hotstuff on X?
The accounts that follow Hotstuff include 124 founders, 40 angel investors, 121 influencers and 6 VCs, among them Matthew Graham, Julien B, dcbuilder.eth, Pyth Network, Blocmates and Drew Austin.