Trading platform Hotstuff says it is winding down perpetual and spot operations as it works toward a strategic acquisition of Hotstuff Labs, subject to final agreements and approvals. The deal would move its engineering team, trading products, financial infrastructure and custom Layer 1 to the acquiring company, with plans to relaunch product lines under the new brand. Perpetual markets close September 25, 2026, 10:30 a.m. ET; open positions will auto-settle at market price. Vault withdrawals open afterward. Spot trading and in-app withdrawals run until September 30, 2026, 11:59 p.m. ET; later withdrawals require a Discord support ticket.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
4 accounts 1 report thread quiet

First post (Leviathan 28 min before Elfa saw any post) · @CryptoTeluguO · @quang250802 · @mfardecrouz

Social-monitoring data, not investment advice Elfa post text from Xas of

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…