Key Metrics
Fees (Annualized)$230,539.08
Fees 30d-$11,008.73
Arbitrum$16,049.85
Fees 7d-$19,830.27
Arbitrum$1,688
Fees 24h-$15,062
Arbitrum$0
Cumulative Fees$3.49m
Arbitrum$8.27m
Revenue (Annualized)$230,539.08
Revenue 30d-$11,008.73
Arbitrum$16,049.85
Revenue 7d-$19,830.27
Arbitrum$1,688
Revenue 24h-$15,062
Arbitrum$0
Cumulative Revenue-$188,932.51
Arbitrum$5.28m
Holders Revenue (Annualized)$230,539.08
Holders Revenue 30d-$11,008.73
Arbitrum$16,049.85
Holders Revenue 7d-$19,830.27
Arbitrum$1,688
Holders Revenue 24h-$15,062
Arbitrum$0
Cumulative Holders Revenue-$188,932.51
Arbitrum$5.28m
Options Premium Volume 30d$21,927.88
$7,912.58
$4,590
$11.25m
Options Notional Volume 30d$700,137.91
$303,736.91
$108,415
$367.82m
Market Cap$17.45m
$HEGIC Price$0.016
$17.45m
$HEGIC Volume 24h$41,381
CEX Volume$0
DEX Volume$41,402.79(100.05% of total)
$HEGIC Liquidity$5.09m
Uniswap V3$5.07m
SushiSwap$16,930
Treasury$70.74m
$45.06m
Stablecoins-$1.02m
Own Tokens$2.37m
Others$24.34m
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 $9.98m in total value locked. TVL has increased 9.3% 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 91.4%.
How much has Hegic generated in fees and revenue?
Over the past 30 days, Hegic generated -$11,008.73 in fees. Of that, -$11,008.73 was protocol revenue. Based on the trailing year, the annualized rate is $230,539.08 in fees and $230,539.08 in revenue.
What is the HEGIC token price and valuation?
HEGIC is currently trading at $0.016. Its circulating market capitalization is $17.4m, ranking it #1,109. Its fully diluted valuation is $17.4m. Supply currently stands at 1.078b circulating, 1.078b total supply, 1.078b maximum supply.
How has HEGIC performed recently?
HEGIC is up 15.1% over the past 7 days and up 17% 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 $28.03m across 68 protocols, and Hegic accounts for 35.7% 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 $70.74m. Its holdings include $45.06m in major assets, $2.37m in its own tokens, $24.34m 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.
