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: 45.77%(-0.14%/24h)
ETH Dominance: 20.02%(+0.14%/24h)
Defi Market Cap: $44.3B(+75.32%/24h)
Total Market Cap: $1085.65B(-5.52%/24h)
Total Trading Volume 24h: $43.81B(+116.39%/24h)
ETH Market Cap: $217.47B
Defi to ETH Ratio: 20.37%
Defi Dominance: 3.91%
Altcoin Market Cap: $588.72B
Altcoin Volume 24h: $24.71B
Total Cryptocurrencies: 25458
Active Cryptocurrencies: 10401
Active Market Pairs: 64679
Active Exchanges: 636
Total Exchanges: 5913
BTC: 25620.64$(-0.74%/1H)
ETH: 1807.41$(-0.23%/1H)
AVAX: 13.87$(-1.13%/1H)
BNB: 277.26$(-1.33%/1H)
MATIC: 0.84$(-0.65%/1H)
FTM: 0.29$(-1.78%/1H)
ADA: 0.35$(-1.71%/1H)
DOT: 5.02$(-0.37%/1H)
UNI: 4.73$(-0.04%/1H)
CAKE: 1.55$(-1.29%/1H)
SUSHI: 0.77$(-0.96%/1H)
ONE: 0.01$(-1.31%/1H)