About Hegic
Market Stats
Market Cap
$24.85M
2.18%
FDV
$106.37M
Circ. Supply
704M HEGIC
Max Supply
3B HEGIC
Total Supply
3B HEGIC
Total Value Locked
$16.75M
Diluted Valuation
$38.14M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$3.08K
-63.56%
Volume (7D)
$35.53K
Volume (30D)
$100.76K
All time high
$0.64
Price Change (1Y)
107.41%
Additional details
Market details
HEGIC vs markets
↗ 24.45%
HEGIC vs BTC
↗ 22.3%
HEGIC vs ETH
↗ 27.84%
Tags
decentralized-exchange-dex-token
defi
derivatives
options
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x584bC13c7D411c00c01A62e8019472dE68768430 | |
Fantom | 0x44B26E839eB3572c5E959F994804A5De66600349 | |
Arbitrum | 0x431402e8b9dE9aa016C743880e04E517074D8cEC |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0354 | ↗ 1.87% |
1 Day | $0.0347 | ↗ 1.87% |
1 Week | $0.0337 | ↗ 4.85% |
1 Month | $0.0436 | ↘ 18.88% |
1 Year | $0.0170 | ↗ 107.41% |
FAQ
Hegic is a decentralized trading protocol based on the Ethereum blockchain that creates, maintains, and settles Hedge contracts in a trustless manner. The hedge contracts are options-like on-chain contracts that allow traders to trade their assets at a pre-decided price on a future date. The prices of options are automatically set lower on the Hegic platform than that on the centralized exchanges.
This platform makes it an easy to trade option as it provides many features:
The ETH pool of Hegic is non-custodial, and liquidity providers can earn ETH in exchange for their services. The entire amount of ETH placed in this pool is utilized for trading ETH call options, and holders of these options can exchange their DAI for ETH at the strike price after the options expire. The DAI pool is reserved for DAI liquidity providers to trade ETH put options. This pool is for traders who seek to purchase puts from providers who deliver their portion of DAI in exchange for writeDAI tokens.
HEGIC is an ERC-20 coin that serves as the platform's utility and governance token. The HEGIC token is utilized to distribute settlement fees among token holders and in the protocol's on-chain governance. The HEGIC token is utilized in HIPs (Hegic Improvement Proposal). The Hegic Token holders have the right to vote on the issues like hedge contract assets and rates, strike price suppliers, settlement fee size, and more.
The Hegic protocol was founded by Molly Wintermute. The whitepaper of Hegic was launched on February 20, 2020.
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Social stats
Popularity in posts
#4383
Contributors
8
Posts
8
% About Hegic
0.002%
Hold times
0 days
X (Twitter)
18.75% bullish
Sentiment
5.0 ★
Highlights
8 unique individuals are talking about Hegic and it is ranked #4,383 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Hegic has an average sentiment score of 5.0 out of 5. Finally, Hegic is becoming less newsworthy, with 0 news articles published about Hegic.
On Twitter, people are mostly neutral about Hegic. There were 23.08% of tweets with bullish sentiment compared to 23.08% of tweets with a bearish sentiment about Hegic. 76.92% of tweets were neutral about Hegic. These sentiments are based on 16 tweets.
On Reddit, Hegic was mentioned in 8 Reddit posts and there were 20 comments about Hegic. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.