Hegic

Hegic is a decentralized peer-to-pool options trading protocol that reimagines options trading through a simplified and non-custodial interface. Operating on Arbitrum, the protocol supports both ATM (at-the-money) and OTM (out-of-the-money) call and put options for major assets like ETH and BTC. Unlike traditional platforms, users don’t need to interact with order books or complicated UIs — instead, they enjoy a seamless, gamified experience where strategies can be deployed with just one click.

At the core of Hegic's approach is simplicity and inclusivity. The platform offers intuitive options products like Bull Call Spread, Bull Put Spread, Strap, and more — each with built-in profit calculators and graphical overlays that show live expected returns based on market movements. These tools make Hegic ideal for beginners and DeFi-native traders alike.

With zero trading fees (users only pay the option premium), no KYC, and fully anonymous usage, Hegic stands out as a truly permissionless and community-aligned protocol. Option premiums are paid upfront, and in-the-money strategies are automatically paid out upon exercise, ensuring full transparency and trustless execution.

Hegic also prioritizes education and accessibility. Through its intuitive charts, one-click setups, and clearly illustrated P&L zones, the protocol removes the intimidation factor that typically surrounds derivatives trading. Additionally, Hegic has built a loyal base of traders who frequently share their positive experiences with the platform across social media.

In a DeFi landscape filled with complexity, Hegic carves out its niche by staying true to its mission — making options simple, fast, and censorship-resistant. Its model competes with platforms like Derive, Opyn, and Ribbon Finance, but with a sharper focus on user simplicity, complete fee transparency, and anonymous participation.

Hegic offers a range of innovative benefits that make it one of the most user-friendly options trading platforms in DeFi:

• One-Click Strategies: Trade options like calls, puts, straps, and spreads instantly with zero setup complexity.
• No Fees: There are no taker or platform fees — users only pay the premium of the option.
• Guaranteed Payouts: All in-the-money options are fully paid out upon exercise with no partial payouts or slippage.
• Peer-to-Pool Architecture: Options are traded directly with smart contract liquidity pools, removing the need for counterparties or order books.
• Anonymous Usage: Trade freely without KYC or account registration — all that’s needed is a connected wallet.
• Zero Liquidation Risk: There are no margin calls or liquidations since options are fully paid upfront.
• Beginner Friendly: Real-time profit calculators, P&L zones, and intuitive chart overlays make Hegic easy to use for newcomers.
• Fast & Cheap: Built on Arbitrum, Hegic enables near-instant execution with extremely low gas fees.

Getting started with Hegic is incredibly easy, even if you're new to DeFi or options trading:

• Visit the App: Go to hegic.co and click "Start Trading".
• Connect Wallet: Use MetaMask or any compatible Web3 wallet to connect — no sign-ups or KYC needed.
• Choose Asset & Strategy: Pick from ETH or BTC options, and select a one-click strategy like Bull Call Spread or Strap.
• Set Expectations: Choose your strike price and duration. The platform will display real-time P&L projections before confirming.
• Pay the Premium: Review the cost and confirm the transaction — there are no additional fees.
• Monitor Positions: Use the “My Strategies” tab to track and manage your open positions.
• Exercise or Let Expire: Profitable options are automatically settled when exercised. If they expire out-of-the-money, the only cost is the initial premium.