Total Value Locked$9.54m
TVL by Chain
Arbitrum$8.57m
Ethereum$968,887
Key Metrics
Fees 30d-$63,105
Fees 30d by chain
Arbitrum$30,099
Fees 7d-$14,966
Arbitrum$12,209
Fees 24h$7,729
Arbitrum$7,729
Cumulative Fees$3.4m
Arbitrum$8.33m
Revenue 30d-$63,105
Revenue 30d by chain
Arbitrum$30,099
Revenue 7d-$14,966
Arbitrum$12,209
Revenue 24h$7,729
Arbitrum$7,729
Cumulative Revenue-$275,975
Arbitrum$5.35m
Holders Revenue 30d-$63,105
Holders Revenue 30d by chain
Arbitrum$30,099
Holders Revenue 7d-$14,966
Arbitrum$12,209
Holders Revenue 24h$7,729
Arbitrum$7,729
Cumulative Holders Revenue-$275,975
Arbitrum$5.35m
Options Premium Volume 30d$51,510
$13,578
$9,069
$11.36m
Options Notional Volume 30d$1.63m
$285,679
$156,545
$371.71m
Market Cap$15.91m
$HEGIC Price$0.015
$15.91m
$HEGIC Volume 24h$188.85
CEX Volume$0
DEX Volume$217.13(114.97% of total)
Treasury$76.11m
$48.59m
Stablecoins-$1.19m
Own Tokens$2.16m
Others$26.56m
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 $9.54m in total value locked. TVL has decreased 0.2% 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 89.8%.
How much has Hegic generated in fees and revenue?
Over the past 30 days, Hegic generated -$63,105 in fees. Of that, -$63,105 was protocol revenue. Based on the trailing year, the annualized rate is $28,506 in fees and $28,506 in revenue.
What is the HEGIC token price and valuation?
HEGIC is currently trading at $0.015. Its circulating market capitalization is $15.91m, ranking it #1,242. Its fully diluted valuation is $15.91m. Supply currently stands at 1.078b circulating, 1.078b total supply, 1.078b maximum supply.
How has HEGIC performed recently?
HEGIC is down 7.2% over the past 7 days and down 1.9% 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 #2 by TVL. The category holds $139.57m across 72 protocols, and Hegic accounts for 6.8% of that total. Other leading protocols include SOFA.org, Siren, Pods Finance, Cega V1, Premia V2, TYMIO, Thetanuts Finance, Derive V1, Cega V2, and Opium.
Does Hegic have a treasury?
Hegic has a tracked treasury currently valued at $76.11m. Its holdings include $48.59m in major assets, $2.16m in its own tokens, $26.56m 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.

