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Hegic can be traded using Coinbase Wallet, your key to the world of crypto.

About Hegic

Hegic is a decentralized trading protocol based on the Ethereum blockchain that creates, maintains, and settles Hedge contracts in a trustless manner. The hedge contracts are options-like on-chain contracts that allow traders to trade their assets at a pre-decided price on a future date. The prices of options are automatically set lower on the Hegic platform than that on the centralized exchanges.

This platform makes it an easy to trade option as it provides many features:

The ETH pool of Hegic is non-custodial, and liquidity providers can earn ETH in exchange for their services. The entire amount of ETH placed in this pool is utilized for trading ETH call options, and holders of these options can exchange their DAI for ETH at the strike price after the options expire. The DAI pool is reserved for DAI liquidity providers to trade ETH put options. This pool is for traders who seek to purchase puts from providers who deliver their portion of DAI in exchange for writeDAI tokens.

HEGIC is an ERC-20 coin that serves as the platform's utility and governance token. The HEGIC token is utilized to distribute settlement fees among token holders and in the protocol's on-chain governance. The HEGIC token is utilized in HIPs (Hegic Improvement Proposal). The Hegic Token holders have the right to vote on the issues like hedge contract assets and rates, strike price suppliers, settlement fee size, and more.

The Hegic protocol was founded by Molly Wintermute. The whitepaper of Hegic was launched on February 20, 2020.

Market

Portugal Market Stats

Market cap

€12.4M

Volume (24h)

€69,451.89

Circulating supply

703.7M HEGIC

All time high

€0.60

Price change (1h)

-0.79%

Price change (24h)

-1.65%

Price change (7d)

-5.14%

Portugal News about Hegic

Unchained • Apr 30, 24

A16z Makes $90 Million Private Purchase of Optimism’s OP Token

Prominent venture capital firm a16z has snapped up about $90 million of Optimism’s native OP token, according to two sources familiar with the matter, marking the latest institutional bet on the Ethereum Layer 2.  The investment, said to be executed under a two-year vesting period, follows a flur...

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Decrypt • Apr 30, 24

Hong Kong's Bitcoin and Ethereum ETFs a 'Message From China': OSL CEO

After the first day of trading, the CEO of sub-custodian OSL reflects on what the Hong Kong Bitcoin and Ethereum ETFs rollout really means.

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The Block • Apr 30, 24

Prospective stablecoin bill unlikely to be attached to upcoming FAA reauthorization: Democratic aide

A prospective stablecoin bill will likely not be included in the upcoming must-pass FAA bill as lawmakers try to get the bill passed.

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The Block • Apr 30, 24

Read the Runes: Bitcoin’s market cap to transaction fee ratio briefly falls below Ethereum’s

Earlier this month, the moving average of Bitcoin’s ratio was 2,400 compared to just 118.33 for Ethereum, but on April 25, Bitcoin’s ratio had fallen down to 220.77, lower than Ethereum’s 227.12.

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BeInCrypto • Apr 30, 24

Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify

Vitalik Buterin introduces new cryptographic methods, Plonky2 and Binius, utilizing smaller and binary fields to significantly speed up blockchain proof verifications.The post Vitalik Buterin Reveals Cryptographic Proofs That Are Fast and Easy to Verify appeared first on BeInCrypto.

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The Block • Apr 30, 24

BlackRock’s USD Institutional Digital Liquidity (BUIDL) Fund hits $375 million AUM

BlackRock's BUIDL hit $375 million assets under management, beating out Franklin Templeton's on-chain mutual fund FOBXX by nearly $7 million.

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Hegic is on the decline this week.

The price of Hegic has decreased by 0.79% in the last hour and decreased by 1.65% in the past 24 hours. Hegic’s price has also fallen by 5.14% in the past week. The current price is €0.0176 per HEGIC with a 24-hour trading volume of €69.45K. Currently, Hegic is valued at 97.08% below its all time high of €0.60. This all-time high was the highest price paid for Hegic since its launch.

The current circulating supply of Hegic is 703,727,349.196 HEGIC which means that Hegic has as total market cap of 703,727,349.196.

FAQ

What is the current price of Hegic?

We update our Hegic to EUR currency in real-time. Get the live price of Hegic on Coinbase.

What is the market cap of Hegic?

The current market cap of Hegic is €12.36M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Hegic?

The all-time high of Hegic is €0.60. This all-time high is highest price paid for Hegic since it was launched.

What is the 24 hour trading volume of Hegic?

Over the last 24 hours, the trading volume of Hegic is €69.45K.

How many Hegic are there?

The current circulating supply of Hegic is 704 million.

Can I buy Hegic on Coinbase?

Yes, Hegic is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Hegic guide.