As searches on Hegic Coin increase, the question of what it is has become the most popular one. This content will provide detailed information to those interested in its project, future, and more.
What is Hegic Coin?
Hegic is an on-chain, peer-to-peer options trading protocol built on Ethereum. With Hegic, you can trade in cash, on-chain ETH and BTC options 24/7 with no KYC or registration required for trading. A hedge contract is an option-like, on-chain contract that gives the holder or buyer the right to buy or sell any asset at a specified price, and also obliges the seller to buy or sell an asset. These hedging contracts are unattended, unreliable, and resistant to censorship. Hedge contracts are guaranteed by the locked-in liquidity and the Ethereum Virtual Machine (EVM), which independently executes the code.
There are 2,275 options traders on the Hegic platform, which has been serving users for 1.5 years, and 7,450 call and put options have been traded so far. There are 5,640 Hegic Token holders in total. As of March 28, the market value of the project is 37 million dollars, while the cumulative option volume on the platform is around 586 million dollars.
Hegic Project
Hegic project To answer the question of what is it, it offers a mechanism integrating a pool model for liquidity providers who want to develop unreliable options trading. Hegic was launched on January 28, 2020. It was founded by a pseudonymous DeFi developer known as Molly Wintermute. With her tweets, Molly Wintermute has focused on developments and upgrades to the Hegic platform and statistics highlighting daily volume records in derivatives.
Some of the key features of Hegic are ETH and DAI pools. The Hegic ETH pool is unattended, meaning offline, and liquidity providers can earn in ETH. All of the ETH invested in this pool is used for the sale of ETH options options, and holders of these options can exchange their DAI for ETH after it expires. In return, the person who buys the option pays a premium. This premium is prorated to the liquidity providers when the option expires in two days or up to four weeks. The DAI pool is for DAI liquidity providers and is often used to sell ETH put options. This pool is for merchants who want to buy places where providers provide their DAI shares for wDAI tokens.
Hegic Coin Future
Hegic Coin future Curiosity and cryptocurrency analysts hint that there will be a negative trend in the future and HEGIC is not a good investment to make money. Since this cryptocurrency has a negative outlook, he recommends looking for other projects instead of building a portfolio. However, experts say that if it will provide a day-trade opportunity, it should be evaluated and there is no point in keeping it long-term.
Hegic Coin Review
Hegic Coin reviews Although negative, it can find a good place for itself with the development of options markets. When it was first launched, Hegic was the best among decentralized options with the highest market capitalization and total value locked (TVL). There is great potential in the decentralized options market and although its current situation is not very good, it is always in a position to make a splash.
Hegic Coin Alma
Getting Hegic Coins can be traded on various centralized or decentralized exchanges. The world’s largest stock exchange Binance especially Gate.io, KuCoin, OKX, MEXC, Coinex, DigiFinex It can be bought and sold from decentralized exchanges such as Uniswap and Sushiswap rather than centralized exchanges such as The most traded pairs are USDT, BUSD, BTC and ETH.
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