Hotstuff Labs (N/A)

Hotstuff Labs is building a DeFi service-native blockchain infrastructure designed to break the paradigm of CeFi tools managing on-ramp and off-ramp services.

At its core stands a pioneering DracoBFT consensus mechanism built for DeFi apps, with a claimed 75ms block time and 150ms finality, while enabling validators to participate in processes that were previously conducted on-chain. These include payment routing, fiat on/off-ramps, API verification services, cross-chain bridge operations, and execution services for complex financial logic.

This way, Hotstuff crypto network turns "validators can also run side businesses" into a protocol-native model where users directly pay for these services on-chain, as currently most blockchain nodes are paid only for consensus mechanism services. As a result, validators can now compete not on the amount of stake held, but on the quality of services they can provide.

Read more about the Hotstuff technology stack here.

The blockchain has also built its first dapp on its network right at the launch of the chain - the Hotstuff CLOB Perp DEX. Launched in the Alpha stage, it provides users with 9 trading pairs on major cryptos, metals, US stocks (coming soon), and other popular assets across the Web3 and TradFi industries with up to 50x leverage.

As of March 2026, the Hotstuff Perp DEX boasts ~$400K in TVL in its Liquidity Provider Vault, with an offered 100%+ APR and ~$8M in daily trading volume.

🪙 Hotstuff token: As of March 2026, there are no clear plans regarding a potential token release or Hotstuff airdrop disclosed by the team. However, our team assumes that, as with most L1 blockchain networks, the project will eventually introduce its own token to power its chain's economic security via staking.

What's more, starting from February, 27, 2026, the Hotstuff Perp DEX launched a points farming campaign, which will most likely result in a Hotstuff airdrop to the most active Perp DEX traders.
 

Considering this, the CoinLaunch team conducted a comprehensive review of the Hotstuff crypto project and identified some of its pros and cons:
 

✅ Hotstuff pros:

• Presence of a clear roadmap provided by the team;
• Over 2K active traders within the first weeks of launch, according to the team’s post on X;
• Solid trading volume on Hotstuff perp DEX within the first weeks of launch (8M/24h or ~240M/30d);
• Security audit by Sherlock, with an unconfirmed security audit by ABDK (broken link);
• Above-average PR and Growth Marketing scores;
• Quality network of investors, with Delphi Digital the strongest among them;
• Team is publicly known, with one of the core team members having work experience at the Ethereum Foundation.
   

❌ Hotstuff cons:

• The market is oversaturated with L1 chains;
• Weak sentiment on DeFiLlama towards smart contract platforms;
• Very weak development ecosystem - in fact, the platform needs to build it from scratch;
• No information on the project's revenue and funding;
• No information about a potential token release;
• Below-average SMM, SEO, and influencer marketing scores;
• No top-tier partnerships announced.