Ready for high volatility season? ๐ข
Daily limits for Call / Put options are increased to $350,000 per day!
Place your massive bets or hedge your perpetual positions on Hegic โก
ODTE Contest Season 2 is LIVE! ๐ข
Buy 0DTE options on Hegic and receive a guaranteed share of the $25,000 prize pool!
๐ป See more details and check your personal statistics in the app (0DTE โ> Trading Contest)
Deadline: May 3, 2025, 15:00 UTC
๐ง Just like before, the higher the total amount of premiums paid โ the bigger the prize
๐ Premium requirements for upgrading to the next tier have been reduced (top tier = $30,000)
๐ Security report on 02/23/2025 incident mentioned by BlockSec is published on our Discord server.
TL;DR: hacker emptied an old (Jan 2022) test contract that was holding 1.1 WBTC sent from the Deployer address, the new architecture (Oct 2022 โ now) is safe, bug bounty is on.
โ ๏ธ DISCLAIMER: Although the protocol has been internally tested and externally audited, it's still in alpha, so bugs may occur. Do your own research and never risk funds you can't afford to lose.
Congratulations! To support such deep integration with our protocol, Hegic adds ~$100,000 to Sharwa LPs.
๐ฅ Hegic traders are now able to buy options using portfolio margin, which means having CEX-like capital efficiency while maintaining DeFi fundamentals! ๐ฅ
A year ago, the Sharwa team built an auto-exercising module for Hegic that has been running smoothly all this time. In the new version of their aggregator, Hegic has become the primary options protocol within an on-chain portfolio margin account.
Try it and share your thoughts!
0DTE Contest Prizes are distributed ๐ฆ
7,835 ARB ($5,000) were sent to the participants:
https://t.co/NczTx7ckGo
Thanks for the journey!
Final metrics attached ๐
That's exactly what 0DTE options are designed for:
๐ฅ +1,427% in less than a day.
Congrats, well played!
And we remind all day traders that the 0DTE Contest will end in 24 hours, so you have a last chance to get an additional bonus on your gigaprofits โ
Do you miss the incentives on Hegic?
๐ฎ Then welcome to join the 0DTE Trading Contest!
Those who make a trade within the next 30 days will share a Prize Pool of up to $50,000. Rewards will be distributed pro rata, based on the premiums paid.
Details ๐
3/4
โฑ๏ธ 0DTE Contest starts at 16:00 UTC on Oct, 10 and ends at 16:00 UTC on Nov, 9. Prizes will be distributed in 48 hours after the Contest ends.
Current stats and the leaderboard can be found on a dedicated page in the app.
So @HegicOptions just released 0DTE options, starting with 600K $ of liquidity available daily. Let's see when and how we should use them, and what is so special about 0DTE on Hegic.
https://t.co/1kDuguQyML
As announced earlier, 0DTE limits are increased ๐คฉ
$600K per day is evenly distributed between different assets (BTC/ETH), strategies (CALL/PUT) and strikes (0โ4%).
Values are updated every day when previously purchased options are exercised or expire โ๏ธ
Enjoy the volatility!
[4/7] PRICING: NEW SYSTEM
๐ New mark-to-market pricing system updates options prices more frequently than ever before, providing a fair price at any moment.
[7/7] RISKS WARNING
โ ๏ธ The release just happened, so bugs may occur. Please contact our support on Discord server if you encounter any.
๐ก๏ธ Any losses caused by these bugs will be covered by the Hegic Development Fund.