Hegic Quarterly Report #2

Published on: 11.04.2021
Hegic Quarterly Report #2

Hegic has achieved steady results in the second quarter since v888 beta launch. The protocol has surpassed the total amount of 3,200+ ETH options and 1,500+ WBTC options acquired (calls and puts combined) in the first six months after the launch. All these options contracts were bought by 1,368 unique users (options buyers).
A new DeFi-scale record has been set this quarter: Hegic had a daily options trading volume of $22,000,000+ on February 19, 2021.

Hegic’s TVL (total value locked) at the moment of writing this report is sitting around ~$59,000,000 in ETH and WBTC liquidity pools combined.

What is Hegic?

Hegic is an on-chain options trading protocol on Ethereum.



Market Stats:
BTC Dominance: 41.23%(-0.21%/24h)
ETH Dominance: 18.85%(+0.12%/24h)
Defi Market Cap: $0B(+19.14%/24h)
Total Market Cap: $1073.64B(+0.32%/24h)
Total Trading Volume 24h: $66.83B(+33.54%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $630.95B
Altcoin Volume 24h: $38.01B
Total Cryptocurrencies: 22485
Active Cryptocurrencies: 8951
Active Market Pairs: 59748
Active Exchanges: 547
Total Exchanges: 4793