Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Just noticed Hot Protocol is quietly becoming a powerhouse across multiple chains. It's now the top dapp by active users according to DappRadar, beating out Particle Network and even outpacing Uniswap V3 in terms of user engagement. The numbers are pretty wild actually - 2.98M unique active wallets in the past week with $30.74M in transactions.
What's interesting is where most of the action is happening. Hot Protocol is live on eight different blockchains including Ethereum, BNB Chain, Arbitrum, Optimism, Polygon, Base, NEAR, and Aurora. But here's the thing - the real traffic isn't spread evenly. NEAR Protocol is where Hot Protocol is absolutely dominating with about 1.97M weekly active users. It's basically become the go-to wallet solution for the NEAR ecosystem.
The growth story makes sense when you look at what they're actually doing. Hot Wallet, their main product, is built specifically for Telegram mini-apps. They opened up their SDK for mini-app developers in October, which gave them a massive traffic boost. It's essentially a multi-chain wallet toolkit for app creators - works with EVM chains, Solana, NEAR, and Toncoin. So you're seeing a lot of bridging activity and cross-chain movement, which explains the transaction volume.
Honestly though, there's definitely some airdrop farming happening here. The eligibility form went live in October with expectations of a native HOT token launching somewhere between $3-$10. That's been driving a chunk of the activity for sure. Some users are already reporting confusion about the airdrop criteria, and there's been some drama around eligibility forms and delayed announcements.
So here's the real question - how much of this activity sticks around after the airdrop hype settles? Hot Protocol is relatively new, started in 2024, so it's still proving whether it has real utility beyond the token incentives. The multi-chain wallet infrastructure is solid and the Telegram integration is clever, but we'll see if the numbers hold when the farming season ends. Worth keeping an eye on either way.