Vyom
1.2K posts

Vyom
@VCrizpy
co-founder & ceo @tradehotstuff




Hotstuff Volume Competition is coming back with bigger rewards this Monday 🏆 Top 25 traders share up to $16,000 in rewards. One lucky trader wins a bonus trip to Amsterdam/Thailand 🗓️ Mar 16, 10:00 UTC - Mar 30, 10:00 UTC 🕙 Duration: 14 Days More details 👇

gHotstuff built two free tools for @tradehotstuff traders 🔥 📊 #Hotlytics - live leaderboard, fee tiers, portfolio tracker, pnl, points, volume dashboard and more ... hotlytics.vercel.app 🤖 Copy Trading Bot - auto-copy top traders on-chain github.com/omgmad/hotstuf… both free & open source @hotstuff_intern @hotstuff @mks_hot @VCrizpy @Tradingperps

Hotstuff Volume Competition is coming back with bigger rewards this Monday 🏆 Top 25 traders share up to $16,000 in rewards. One lucky trader wins a bonus trip to Amsterdam/Thailand 🗓️ Mar 16, 10:00 UTC - Mar 30, 10:00 UTC 🕙 Duration: 14 Days More details 👇







Hotstuff Points are live. 1,400,000 points have been retroactively distributed to 1,800+ early users, based on the snapshot taken on Feb 26, 2026.


Hotstuff Points are live. 1,400,000 points have been retroactively distributed to 1,800+ early users, based on the snapshot taken on Feb 26, 2026.

how HLV works: users are issued a share based on HLV's instantaneous state across all subvaults. same for withdrawals where the redeemed shares are burnt. Users who deposit when the vault is profitable essentially buy it at a premium, and conversely, users who deposit when the vault is down may get it cheaper. HLV deploys capital in different subvaults, which is used for backstop liquidations as well as market making on hotstuff’s books. At the time of withdrawals, the value of redeemed shares is a function of available capital as well as HLV perp positions. This value can fluctuate depending on trading flows. HLV earns in 4 major ways - market making APR, trading fee rebates, exchange trading fee share(which is 100% of exchange fees), as well as liquidation APR, which are all based on a rolling window calculation. For platform fees as an APR, which can be gamed, platform fees are distributed on a gradual basis to prevent share value spikes. So far, @tradehotstuff has had no backstop liquidations on all markets where HLV is providing liquidity (which we consider highly positive for a new venue such as ours). HLV today is also currently the primary liquidity provider for most trades on Hotstuff so far, and accounts for a large portion of trading volumes on our venue. HLV’s primary goal is liquidity provisioning with minimal risk via hedge mode until more makers are onboarded. If we were to optimize only for yield, the easiest way would be to offer non-competitive liquidity and spreads. The best way to think about this would be to compare the TVL to the volume/liquidity ratio for any vault in space. HLV does a good amount of volume w/t relatively small TVL and unparalleled capital efficiency. For the Pnl chart and why it was removed - this was a deliberate action for a completely different reason, the team is days away from shipping a network upgrade which will enable HLV to act as a multi-venue market maker for non-crypto assets w/t hyperliquid as the secondary venue. This will be a major update, which will unlock deeper liquidity on hotstuff leveraging @HyperliquidX 's books, especially for HIP-3 assets. This update also completely breaks the pnl calculation flows, as now it accounts for multiple venues as well as rebalancing funds & CCTP costs. The pnl chart will be added back after this upgrade goes live. We’d rather show less than show a chart that confuses people. HLV is not principle protected or an up-only thing. Depositors have withdrawn profitably as well as negatively, depending on the vault’s state. Another fact is that we aggressively restrict bot accounts on our platform to democratize access for all users, and prevent it from becoming a whale-only thing. Lastly, HLV depositors will have dedicated alloc and will be rewarded handsomely in our upcoming points program, which will be graded on a time and pnl curve.










