• Hegic

  • On-chain options trading protocol
Hegic - On-chain options trading protocol

Hegic is an on-chain options trading protocol on Ethereum powered by hedge contracts and liquidity pools.

Use non-custodial hedge contracts to protect your ETH from losses and drawdowns in any market conditions.

Hedge contract is an Ethereum smart contract that gives the holder a right to swap their ETH to DAI stablecoins at a fixed rate during a certain period. Holding a hedge contract is similar to having a drawdown insurance or holding a put option contract. Hedge contract's execution is guaranteed by the code, which in turn is executed by Ethereum Virtual Machine (EVM), not by a centralized organization. You can think of a hedge contract as of a non-custodial, trustless and censorship-resistant version of a put option contract with on-chain settlement.

Status: Live

Author

Molly Wintermute

Software license

GPL-3.0

Last updated: Mar 3rd, 2020
Submitted: Mar 3rd, 2020

Development activity?

26 events  -57.38% (30d)

87 events (90d)

Active users ?

  • Daily 13
  • Weekly 27
  • Monthly 65

Transactions

  • 1 day 18
  • 7 days 46
  • 30 days 152

Volume (ETH)

  • 1 day 1.69
  • 7 days 3.332
  • 30 days 97.865
  • Mainnet contracts (Ethereum)

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