Logo of HegicHegic(HEGIC)
Total Value Locked$9.5m

TVL by Chain

Arbitrum$8.57m

Ethereum$925,409.05

Key Metrics

Fees 30d-$65,697.35
Fees 30d by chain

Arbitrum$30,439.92

Fees 7d$2,330

Arbitrum$6,139

Fees 24h-$989

Arbitrum$0

Cumulative Fees$3.46m

Arbitrum$8.3m

Revenue 30d-$65,697.35
Revenue 30d by chain

Arbitrum$30,439.92

Revenue 7d$2,330

Arbitrum$6,139

Revenue 24h-$989

Arbitrum$0

Cumulative Revenue-$222,526.81

Arbitrum$5.31m

Holders Revenue 30d-$65,697.35
Holders Revenue 30d by chain

Arbitrum$30,439.92

Holders Revenue 7d$2,330

Arbitrum$6,139

Holders Revenue 24h-$989

Arbitrum$0

Cumulative Holders Revenue-$222,526.81

Arbitrum$5.31m

Options Premium Volume 30d$64,501.28

$16,142

$1,603

$11.3m

Options Notional Volume 30d$2.63m

$899,638

$58,402

$370.04m

Market Cap$16m

$HEGIC Price$0.015

All Time High$0.64

All Time Low$0.0048

View $HEGIC token page

$16m

$HEGIC Volume 24h$4.66

CEX Volume$0

DEX Volume$309.43(6,640.13% of total)

Treasury$74.89m

$47.85m

Stablecoins-$1.04m

Own Tokens$2.17m

Others$25.91m

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's TVL?

Hegic currently has $9.5m in total value locked. TVL has increased 4.3% 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 90.3%.

How much has Hegic generated in fees and revenue?

Over the past 30 days, Hegic generated -$65,697.35 in fees. Of that, -$65,697.35 was protocol revenue. Based on the trailing year, the annualized rate is $143,690.98 in fees and $143,690.98 in revenue.

What is the HEGIC token price and valuation?

HEGIC is currently trading at $0.015. Its circulating market capitalization is $16m, ranking it #1,197. Its fully diluted valuation is $16m. Supply currently stands at 1.078b circulating, 1.078b total supply, 1.078b maximum supply.

How has HEGIC performed recently?

HEGIC is up 0.2% over the past 7 days and up 5.4% over the past 30 days. Its all-time high is $0.64, reached on Feb 13, 2021. The token is currently 97.7% 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 $34.75m across 68 protocols, and Hegic accounts for 27.3% of that total. Other leading protocols include SOFA.org, Siren, Pods Finance, Cega V1, TYMIO, GammaSwap Open Interest, Premia V2, Derive V1, Cega V2, and Opium.

Does Hegic have a treasury?

Hegic has a tracked treasury currently valued at $74.89m. Its holdings include $47.85m in major assets, $2.17m in its own tokens, $25.91m 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.