Hegic

Hegic

On-chain options trading protocol for ETH and WBTC with simple interface and peer-to-pool pricing

Launch Year
2020
Consensus
N/A (token on Arbitrum)
Max Supply
3,012,009,888 HEGIC
Block Time
~1 second (Arbitrum)
HEGIC
HEGIC
Hegic
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap HEGIC Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Hegic Price Chart

HEGIC / USD
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Data by CryptoCompare

About Hegic

Hegic is a decentralized options trading protocol that simplifies crypto options — notoriously complex financial instruments — into a streamlined on-chain experience. Users buy call or put options on ETH and WBTC with defined expiry dates and strike prices, without counterparty matching. Instead of pairing buyers with sellers, Hegic uses peer-to-pool pricing where liquidity pools (staked ETH or WBTC) collectively act as options writers. This creates instant option purchase without order book waiting. HEGIC token holders participate in revenue sharing from protocol option premiums. Running on Arbitrum provides low fees critical for cost-effective options strategies.

History

2020
Hegic v1 launches on Ethereum mainnet; first peer-to-pool options protocol in DeFi.
2021
Hegic v2 with improved pricing model; $1B+ options trading volume milestone.
2022
Hegic v8888 on Arbitrum with dramatically lower fees; improved liquidity pool design.
2023
Autocoupons feature for automated options strategies; expanded strike price selection.

How to Swap HEGIC

Swapping Hegic (HEGIC) on SyntheticSwap requires no registration or KYC. HEGIC operates across multiple chains including Ethereum, making it compatible with MetaMask, Trust Wallet, Ledger, and most major Web3 wallets. Open SyntheticSwap, select HEGIC as your source or destination asset, enter your receiving wallet address, and confirm the floating rate. After sending HEGIC to the provided deposit address, the destination asset is delivered directly to your wallet. No personal information is ever collected — fully non-custodial.

How to Store HEGIC

Store HEGIC in MetaMask configured for Arbitrum, Ledger hardware wallet, or any EVM-compatible wallet supporting Arbitrum assets.

Frequently Asked Questions