Logo of HegicHegic(HEGIC)
Total Value Locked$10.07m

TVL by Chain

Arbitrum$9.19m

Ethereum$881,257.14

Key Metrics

Fees (Annualized)$229,703.08
Fees 30d-$8,886.73

Arbitrum$18,171.85

Fees 7d-$16,511.64

Arbitrum$4,997

Fees 24h$3,309

Arbitrum$3,309

Cumulative Fees$3.51m

Arbitrum$8.28m

Revenue (Annualized)$229,703.08
Revenue 30d-$8,886.73

Arbitrum$18,171.85

Revenue 7d-$16,511.64

Arbitrum$4,997

Revenue 24h$3,309

Arbitrum$3,309

Cumulative Revenue-$167,252.51

Arbitrum$5.29m

Holders Revenue (Annualized)$229,703.08
Holders Revenue 30d-$8,886.73

Arbitrum$18,171.85

Holders Revenue 7d-$16,511.64

Arbitrum$4,997

Holders Revenue 24h$3,309

Arbitrum$3,309

Cumulative Holders Revenue-$167,252.51

Arbitrum$5.29m

Options Premium Volume 30d$24,423.88

$10,701.58

$5,499

$11.26m

Options Notional Volume 30d$777,187.91

$368,795.91

$127,174

$367.94m

Market Cap$17.59m

$HEGIC Price$0.016

All Time High$0.64

All Time Low$0.0048

View $HEGIC token page

$17.59m

$HEGIC Volume 24h$80,812

CEX Volume$0

DEX Volume$151,719.26(187.74% of total)

$HEGIC Liquidity$5.09m

Uniswap V3$5.07m

SushiSwap$16,930

Treasury$71.77m

$45.66m

Stablecoins-$1.02m

Own Tokens$2.38m

Others$24.74m

Protocol Information

Hegic is an on-chain peer-to-pool options trading protocol on Arbitrum. You can trade ETH and WBTC ATM / OTM Calls / Puts & One-click Option Strategies on Hegic

Category:Options

Audits:

Methodology

TVL: TVL for Hegic is calculated using the HEGIC tokens deposited into Stake & Cover pool on Arbitrum and pools liquidity in USDC, ETH and WBTCView code on GitHubFees: Net premiums retained by the Hegic Stake & Cover pool: everything users pay into the Operational Treasury to open options/strategies, minus everything the treasury pays out on settlement.View code on GitHubRevenue: The same as Fees, the Stake & Cover pool keeps all of its net premiums.View code on GitHubHolders Revenue: 100% of net premiums accrue to HEGIC Stake & Cover pool participants.View code on GitHubOptions Premium Volume: Sum of value paid buying and selling options on the exchangeView code on GitHubOptions Notional Volume: Sum of the notional value of all options that have been traded on the exchangeView code on GitHubTreasury: Value of tokens owned by the protocol

Hacks

Date: Apr 25, 2020

Amount: $28,537

Classification: Protocol Logic

Technique: Deposit Logic Flaw

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Hegic?

Hegic is an on-chain peer-to-pool options trading protocol on Arbitrum. You can trade ETH and WBTC ATM / OTM Calls / Puts & One-click Option Strategies on Hegic

What is Hegic's TVL?

Hegic currently has $10.07m in total value locked. TVL has increased 10.3% over the past 30 days.

What chains does Hegic operate on?

Hegic operates on 2 chains: Ethereum and Arbitrum. Arbitrum holds the largest share at 91.3%.

How much has Hegic generated in fees and revenue?

Over the past 30 days, Hegic generated -$8,886.73 in fees. Of that, -$8,886.73 was protocol revenue. Based on the trailing year, the annualized rate is $229,703.08 in fees and $229,703.08 in revenue.

What is the HEGIC token price and valuation?

HEGIC is currently trading at $0.016. Its circulating market capitalization is $17.6m, ranking it #1,104. Its fully diluted valuation is $17.6m. Supply currently stands at 1.078b circulating, 1.078b total supply, 1.078b maximum supply.

How has HEGIC performed recently?

HEGIC is up 16.2% over the past 7 days and up 18.1% over the past 30 days. Its all-time high is $0.64, reached on Feb 13, 2021. The token is currently 97.5% below that level.

How does Hegic's TVL compare to similar protocols?

Among Options protocols tracked by DefiLlama, Hegic ranks #1 by TVL. The category holds $28.28m across 68 protocols, and Hegic accounts for 35.6% of that total. Other leading protocols include SOFA.org, GammaSwap Open Interest, Pods Finance, Cega V1, Siren, TYMIO, Premia V2, Opium, Derive V1, and Cega V2.

Does Hegic have a treasury?

Hegic has a tracked treasury currently valued at $71.77m. Its holdings include $45.66m in major assets, $2.38m in its own tokens, $24.74m in other assets.

Has Hegic ever been exploited?

Hegic has 1 recorded security incident. The most recent incident occurred on Apr 25, 2020 and involved $28,537. It was classified as Protocol Logic.