10% Discount on Hegic's Call + Put Bundle (aka Straddle)
10% Discount on Hegic's Call + Put Bundle (aka Straddle)
Hegic is currently offering a 10% discount on their Call + Put Bundle, also known as Straddle. This discount is applicable to both bullish and bearish traders and can be found on the High Volatility platform.
🏷️ 10% DISCOUNT is still active for Hegic's Call + Put Bundle (aka Straddle). Bullish, bearish — no matter when you have the benefits of both 🧠 Look for it on hegic.co/app: Trade → High Volatility
Hegic Charts Alternative Path for Decentralized Options Trading
Hegic is developing an alternative approach to on-chain options trading that avoids reliance on centralized oracles, private chains, or institutional liquidity. **Key Points:** - The protocol aims to create a fully decentralized options trading infrastructure - Team acknowledges the viability of this path remains uncertain - Development continues despite challenges in the space The project operates as a peer-to-pool options protocol on Arbitrum, positioning itself as a counterpoint to more centralized approaches in DeFi derivatives.
Hegic Increases Daily Options Trading Limits to $350k
Hegic has raised its daily trading limits for Call and Put options to $350,000, preparing for anticipated market volatility. This update follows previous limit increases from August 2024, when 0DTE limits were set at $600k per day across BTC/ETH assets. The protocol maintains balanced distribution between: - Different assets (BTC/ETH) - Strategy types (Call/Put options) - Strike prices (04%) Values are dynamically adjusted daily based on option exercises and expirations.
Hegic Launches Season 2 of 0DTE Options Trading Contest
Hegic has launched Season 2 of its 0DTE options trading contest with a guaranteed $25,000 prize pool. Running until May 3, 2025 (15:00 UTC), the contest rewards traders based on their premium payments. Key updates: - Reduced premium requirements for tier upgrades - Top tier now requires $30,000 in premiums - Prizes distributed proportionally to premium payments Traders can track their performance and contest statistics directly in the app under the 0DTE > Trading Contest section.
1.1 WBTC Stolen from Legacy Test Contract
A security incident occurred on February 23, 2025, where a hacker exploited an old test contract from January 2022, successfully extracting 1.1 WBTC. The compromised contract was a legacy test deployment and not part of the current protocol architecture implemented in October 2022. **Key Points:** - Current protocol architecture confirmed safe - Bug bounty program active - Detailed security report available on Discord *For context: December 2024 saw 27 security incidents in Web3 with total losses of $4.11M, marking a significant decrease from November.*
Hegic Adds $100k to Sharwa LPs, Launches Portfolio Margin Trading
Hegic has integrated portfolio margin trading into their protocol through Sharwa, enabling CEX-like capital efficiency while maintaining DeFi principles. Key updates: - $100,000 added to Sharwa liquidity pools - Integration of auto-exercising module running for past year - Hegic becomes primary options protocol in Sharwa's on-chain portfolio margin system The protocol has been audited but remains in alpha stage. Users should exercise caution and conduct thorough research before participating. Previous milestone: Protocol achieved $200M+ notional trading volume on Hegic Herge, averaging $380k daily on Arbitrum.