What is Hegic?
Hegic is a decentralized on-chain options trading platform deployed on Arbitrum. It enables users to buy call and put options for ETH and WBTC, allowing them to express directional views or hedge exposure directly from their self-custodied wallets.
Hegic's trading model is fully non-custodial and built on smart contracts, with no sign-ups or intermediaries involved. Options contracts are settled transparently on-chain and can be purchased with flexible strike prices and durations. Users simply choose their parameters and execute trades through a clean interface.
Unlike traditional options platforms or order book-based DEXs, Hegic abstracts away complexity—there are no liquidity pools, underwriting roles, or external market makers. All options are issued and settled via smart contract logic based on the protocol's internal pricing engine.
Traders can visualize positions, monitor open contracts, and manage their options via an intuitive trading dashboard—ideal for users looking for a permissionless way to speculate or hedge with crypto-native options.
