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Hegic (HEGIC) is the 306th largest cryptocurrency in the world by market cap, valued at $111,835,927. The current price of Hegic is $0.03713, which is 5.483% higher than yesterday. Prices have ranged between $0.0367783 and $0.03389566 over the past 24 hours. All prices are listed in US dollars and accurate as of February 07, 2023 07:02 UTC.
Hegic is a decentralized options trading platform. Traders can use Hegic to buy and sell options for ETH and wrapped BTC (an Ethereum token that can be converted into BTC and vice versa).
It allows traders to speculate on the future price of BTC and ETH on-chain without the need for KYC. HEGIC is the native token of the platform. By buying the native token, you provide liquidity to the options market and you can earn settlement fees from options buyers, which is paid in ETH. As a token holder, you also get voting rights.
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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