About

Heat Research is the public research arm of Heat, a trading terminal for onchain derivatives.

We publish notes, design work, and analysis on the markets we build and the broader space of onchain trading infrastructure — mechanism design, liquidity, execution, and the primitives that make new market types possible.

What you'll find here

Deep dives on new product designs and their tradeoffs
Post-mortems and write-ups of live experiments on Heat
Open questions we're working through

Stay in the loop

Follow @heat_fi on X.