Overview
What Hearth is, and what it is not.
Hearth is a perpetual futures protocol for housing price indices. Each market tracks the median price per square foot for a city. You deposit collateral, choose long or short, set leverage, and manage the position like any other perpetual.
There is no property transfer, no realtor, and no mortgage. You are trading exposure to an index — not a specific home, deed, or rental contract.
What you can do
- Express a view that Miami prices will rise or fall
- Hedge concentration risk if too much wealth sits in one housing market
- Pair housing exposure with equities or other risk assets when the stories diverge
What you cannot do
- Buy or sell a physical property through Hearth
- Claim ownership of any address or unit
- Avoid market, smart-contract, or liquidation risk
Protocol status
Hearth is in active development on Robinhood Chain. The marketing site and documentation are public. Trading, deposits, and staking are not live yet. $HEARTH launch is planned before city markets open.
Treat everything in these docs as a product specification that can still change before launch.