Hotstuff (Prev. Syndr Protocol) Airdrop: tasks and status

updated 25 Sep 2026

Hotstuff is a Layer 1 blockchain built around financial trading. It features an on-chain order book for spot and derivative assets, plus support for real-world assets like forex and commodities. Participants earn points by trading, depositing liquidity, and completing community tasks, but note that trading operations were suspended as of October 1, 2026.

Blockchain

About the project

What Hotstuff is

Hotstuff is a Layer 1 blockchain designed for decentralized finance and trading. It includes a built-in on-chain order book where users can trade spot and derivative instruments directly on the blockchain. The network uses a consensus mechanism called DracoBFT to handle transactions and order execution.

The project has raised funding from 24 investors across multiple tiers, including Delphi Ventures and Mapleblock Capital, plus individual backers like Julien Bouteloup and Anton Bukov. Hotstuff also supports real-world assets through validators that can connect to external payment and fiat systems.

How the airdrop works

Participants earn points through several activities: trading perpetuals and spot markets on mainnet, participating in trading competitions, depositing liquidity into vaults, and completing quests on the Arkada platform. The project has run multiple themed events such as the Easter Golden Egg Hunt, Volume Championship, and RWA Week with point multipliers.

Some activities offer additional rewards. The Arkada Quest grants Pyramid SBT tokens and spins on a wheel of fortune with a chance to win ETH or project tokens. The Creator Program allows content creators and analysts to apply for a share of 1 million points. Ambassador roles offer early access, exclusive events, and boosted affiliate earnings.

What it takes and what to watch

The estimated cost is $51 and the time about 67 minutes. Most activities require a wallet connection and a deposit to trade or provide liquidity. Trading competitions have minimum deposits ranging from $50 to $100. The Liquidity Vault had a $500K capacity and required an access code. Testnet participation is free and uses test stablecoins from a faucet.

Important: Hotstuff suspended trading operations on October 1, 2026. If you participated before that date, you needed to close positions and withdraw assets. Check the current status of the platform before committing time or money. Rewards are not guaranteed, and rules for competitions and point distribution can change. Smart contract risks apply to any funds deposited on the platform.

Who it suits

Hotstuff suits experienced traders and active participants who are comfortable managing wallets, making deposits, and executing trades. It is less suited for people new to trading or those unwilling to take on the risks of a newer blockchain and smart contracts. Community builders and content creators may benefit from ambassador or creator programs if accepted.

Funding

  • Delphi Ventures
  • Mapleblock Capital
  • Outlier Ventures
  • Dialectic Capital
  • Red Beard Ventures
  • Stake Capital Group
  • Tykhe Ventures
  • Aniket Jindal
  • Julien Bouteloup
  • Anton Bukov
  • Stefan George
  • CoinDCX
  • Harsh Rajat
  • Rahul Dalmia
  • Sergej Kunz
  • Vaibhav Chellani
  • Farid Rached
  • Prashant Maurya
  • Tushar Aggarwal
  • Hitesh Bhardwaj
  • Mohak Agarwal
  • Wilson Withiam
  • Abhishek Singh
  • Roberto Talamas

Step-by-step checklist

How to qualify for the airdrop Open steps: 3 of 13
  1. 01 Trade and earn points on mainnet Starts 06 Feb 2026 Open
  2. 02 Complete Arkada Quest Open
  3. 03 Hotstuff Creator program Starts 26 May 2026 — Ends 08 Oct 2026 Open
  4. 04 Spot Equities PnL Cup Starts 15 May 2026 — Ends 15 Jun 2026 Completed
  5. 05 May Markets Mayhem: Perps competition Starts 12 May 2026 — Ends 22 May 2026 Completed
  6. 06 RWA Week point boost Starts 06 Apr 2026 — Ends 13 Apr 2026 Completed
  7. 07 Easter Golden Egg Hunt Starts 03 Apr 2026 — Ends 17 Apr 2026 Completed
  8. 08 Weekend points boost Starts 27 Mar 2026 — Ends 30 Mar 2026 Completed
  9. 09 Hotstuff Volume Championship Starts 16 Mar 2026 — Ends 30 Mar 2026 Completed
  10. 10 Hotstuff Volume Cup Event Starts 03 Mar 2026 — Ends 10 Mar 2026 Completed
  11. 11 Hotstuff Liquidity Vault Starts 25 Jan 2026 — Ends 02 Feb 2026 Completed
  12. 12 Ambassador program Starts 20 Jan 2026 Completed
  13. 13 Testnet Starts 05 Dec 2025 Completed

These tasks are available in the CoinDropster dashboard: exact links, progress tracking and deadlines — open the app to see the checklist.

Risks and what to watch for

  • Trading operations were suspended on October 1, 2026. Any ongoing participation or future restart depends on whether the platform resumes.
  • Rewards are not guaranteed. Competition outcomes, point multipliers, and event prizes depend on participation levels and rules that can change.
  • Deposits to the platform, liquidity vault, or trading accounts carry smart contract and market risks, including the possibility of loss.
  • The project is new and unproven. A Layer 1 blockchain network can face technical or adoption challenges that affect its viability.

Frequently asked questions

What is Hotstuff?

Hotstuff is a Layer 1 blockchain focused on trading. It has an on-chain order book for spot and derivative instruments, including real-world assets like forex and commodities. It runs on a custom consensus mechanism called DracoBFT.

What activities earn points?

You earn points by trading perpetuals and spot markets, participating in trading competitions, depositing funds into liquidity vaults, and completing quests. Some events offer point multipliers for trading specific asset types. The Creator Program and ambassador roles also provide point rewards.

How much does it cost and how long does it take?

The estimated cost is $51 and the time about 67 minutes. Trading and liquidity activities require deposits, typically $50 to $100 minimum for competitions. Testnet participation is free with test stablecoins.

Is the reward guaranteed?

No. Rewards depend on competition outcomes, trading volume thresholds, rule changes, and whether events still run. Note that Hotstuff suspended trading operations on October 1, 2026.

Can I use the testnet without risk?

The testnet is free and uses test stablecoins from a faucet, so there is no cost. However, it is still a test environment and does not guarantee that mainnet rewards will follow.