Hegic(HEGIC)
Total Value Locked$9.9m
TVL by Chain
Arbitrum$8.92m
Ethereum$988,177
Key Metrics
Fees 30d-$32,231
Fees 30d by chain
Arbitrum$37,667
Fees 7d-$1,194
Arbitrum$7,859
Fees 24h-$2,453
Arbitrum$0
Cumulative Fees$3.41m
Arbitrum$8.31m
Revenue 30d-$32,231
Revenue 30d by chain
Arbitrum$37,667
Revenue 7d-$1,194
Arbitrum$7,859
Revenue 24h-$2,453
Arbitrum$0
Cumulative Revenue-$267,469
Arbitrum$5.33m
Holders Revenue 30d-$32,231
Holders Revenue 30d by chain
Arbitrum$37,667
Holders Revenue 7d-$1,194
Arbitrum$7,859
Holders Revenue 24h-$2,453
Arbitrum$0
Cumulative Holders Revenue-$267,469
Arbitrum$5.33m
Options Premium Volume 30d$67,314
$8,404
$14.99
$11.34m
Options Notional Volume 30d$3.06m
$382,165
$4,273
$371.27m
Market Cap$16.82m
$HEGIC Price$0.016
$16.82m
$HEGIC Volume 24h$4,070
CEX Volume$0
DEX Volume$4,080(100.24% of total)
Treasury$81.55m
$52.25m
Stablecoins-$1.19m
Own Tokens$2.29m
Others$28.2m
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's TVL?
Hegic currently has $9.9m in total value locked. TVL has increased 3.3% over the past 30 days.
What chains does Hegic operate on?
Hegic operates on 2 chains: Arbitrum and Ethereum. Arbitrum holds the largest share at 90%.
How much has Hegic generated in fees and revenue?
Over the past 30 days, Hegic generated -$32,231 in fees. Of that, -$32,231 was protocol revenue. Based on the trailing year, the annualized rate is $99,657 in fees and $99,657 in revenue.
What is the HEGIC token price and valuation?
HEGIC is currently trading at $0.016. Its circulating market capitalization is $16.87m, ranking it #1,220. Its fully diluted valuation is $16.87m. Supply currently stands at 1.078b circulating, 1.078b total supply, 1.078b maximum supply.
How has HEGIC performed recently?
HEGIC is down 3.1% over the past 7 days and up 4.1% over the past 30 days. Its all-time high is $0.64, reached on Feb 13, 2021. The token is currently 97.6% 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 $31.69m across 70 protocols, and Hegic accounts for 31.3% of that total. Other leading protocols include SOFA.org, Siren, Pods Finance, Cega V1, TYMIO, Premia V2, GammaSwap Open Interest, Thetanuts Finance, Derive V1, and Cega V2.
Does Hegic have a treasury?
Hegic has a tracked treasury currently valued at $81.55m. Its holdings include $52.25m in major assets, $2.29m in its own tokens, $28.2m 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.

