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
$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
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 $9.5m 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.

