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
$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
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 protocolHacks
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.
