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Hotstuff (ex Syndr Protocol)

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Hotstuff L1 is a DeFi-native Layer 1, powered by DracoBFT, built from the ground up as a financial routing layer rather than another general-purpose EVM chain.

Angel round: $500K

Hotstuff White Paper Whitepaper

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What is Hotstuff

At its core, Hotstuff L1 is an opinionated state machine: an on-chain orderbook powering spot, perpetuals, and eventually options across crypto and traditional instruments including FX, commodities, and equities indices.

Like HyperLiquid or Lighter, it is vertically integrated for trading performance. But that is only the first layer.

Hotstuff is a purpose‑built, exchange‑grade Layer‑1 optimized for on‑chain order books, margining, and custody. It combines a pipelined, two‑round BFT protocol (DracoBFT) with deterministic execution, modular side‑consensus loops, and a “change‑log hash” (CLH) commitment scheme that replaces heavyweight global state‑root computation. The result is sub‑second finality, high throughput, and a developer experience that treats trading and settlement as first‑class primitives. A dual‑block roadmap, Engine‑API compatibility, and trustless proof ingestion (SP1, zkTLS/zkFetch) connect Hotstuff to the broader EVM and real‑world rails.

Funding Details

Funds Raised (as of now) 500,000 USD

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