HEGIC Hegic Rank #957

Hegic is a decentralized, on-chain options trading protocol that operates as an automated market maker (AMM) for cryptocurrency derivatives. Built primarily on the Arbitrum network, with a presence across the Ethereum, Fantom, and Energi ecosystems, it enables users to trade American-style call and put options on assets such as BTC and ETH. The platform supports both at-the-money (ATM) and out-of-the-money (OTM) strikes, giving traders flexibility in selecting their exposure and risk profile. Beyond single-leg options, Hegic offers a range of one-click strategies designed to reflect different market conditions, including bullish, bearish, high-volatility, and low-volatility outlooks. These packaged strategies allow users to take positions aligned with their market view without manually structuring each trade. As an exchange-based DeFi protocol, HEGIC serves as the native utility token of the ecosystem, supporting governance and participation within the platform's options marketplace.