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Hedget Stock

Hedget

HGET

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Hedget Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateHGET/USDT0.04173.42.6180,370.40cex27/9/2025, 6:23 AM
AscendEXHGET/USDT0.040049,835.10cex17/9/2025, 6:18 AM
Gate.ioHGET/ETH0.030000cex14/8/2025, 6:32 AM
BitbnsHGET/INR0.120000cex17/9/2025, 6:21 AM
BitrueHGET/USDT0.060000cex16/19/2025, 9:33 AM
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Hedget FAQ

What is Hedget (HGET)?

Hedget, introduced in September 2020, is a decentralized and non-custodial cryptocurrency options protocol. The project boasts a wide array of strategic investors and partners, including Chromia, FTX/Alameda Research, Orion Protocol, NGC Ventures, and FBG Capital. The Hedget team asserts that the evolution of global decentralized options markets is a natural progression for DeFi platforms and lenders. By enabling hedging against market volatility in both directions, these platforms, as well as casual users, can protect themselves against liquidation and insolvency risks. Moreover, Hedget options serve as a straightforward trading tool to capitalize on market price movements. The team has prioritized harnessing the capabilities of multiple blockchains. Hedget offers an implementation for Binance Smart Chain and a separate one on Ethereum. Additionally, Chromia is being integrated as a Layer 2 enhancement for the Ethereum platform. The long-term vision of the Hedget foundation is to develop and steward the platform over the coming years, with the ultimate goal of establishing a DAO that will govern the platform's rules and mechanics. ___ The Hedget Token (HGET) functions as the native utility and governance token of the Hedget platform. It is issued on the Ethereum network as an ERC-20 contract and will have representation on both a Chromia sidechain and Binance Smart Chain. HGET serves as the governance token for the Hedget platform. Token holders can participate in governance by voting (either directly on the blockchain or through the UI at https://hedget.com/proposals/) on the addition of new assets, default options parameters, and UI enhancements. A Testnet platform is available at https://hedget.com/demo/ (hosted on Chromia testnet), which requires users to stake HGET tokens for access. On this demo site, users trade with testnet tokens that bear no real value. However, the top-performing traders will be automatically rewarded with real HGET tokens by the Hedget protocol upon the mainnet release on the Chromia blockchain in Q1 2021. The HGET token will serve several roles on the platform. HGET tokens must be staked to interact with the platform, and all trading commissions on Hedget are collected in HGET tokens. Furthermore, HGET is utilized to prevent order spamming that could lead to API overloads and order book manipulation. Staking requirements will scale with the monetary value and frequency of a user's interactions. In the future, the HGET token will also act as a security measure and reputation mechanism when margined options are implemented. Options writers intending to offer options without providing 1:1 collateral will need to stake HGET tokens, which will be used to buy fully collateralized options as a hedge against capital insufficiency risks. This mechanism ensures that end users are protected from the insolvency of an options writer. As the platform progresses, a DAO will be established, and HGET tokens will play a role in determining transaction fees, reserve requirements, and the general functions and features of the platform.

Hedget Protocol Fee Structure:

- Taker fee: 0.04% of the underlying asset - Maker fee: 0.02% of the underlying asset - The 0.02% differential between the Taker and Maker fees will be allocated to a special Reserve Fund. This fund will remain locked until the establishment of a DAO, which will then govern the utilization of these funds. - A settlement fee of 0.02% plus Ethereum fees (if settled on the Ethereum network) will be the responsibility of the option buyer. - During the initial 3-4 years, this 0.02% settlement fee will be compensated by the system from the liquidity mining pool. This approach benefits option writers and concurrently reduces the total fees incurred by the option buyer.

HGET Token Circulation:

The protocol features a capped maximum token supply of 10,000,000 HGET. A total of 1,717,170 tokens were generated during the Token Generation Event (TGE) and allocated among private and public sale purchasers, as well as the team, in alignment with the stipulations outlined in the Whitepaper. A quantity of 88,888 ERC20 HGET were permanently removed from circulation on the Ethereum Mainnet and will be reissued on the Binance Smart Chain in January 2021. The remaining tokens are scheduled for issuance over time, as specified in the Whitepaper. The majority of these will be distributed through a Liquidity Mining Program designed to reward both market makers and users of the Hedget protocol.

Investors interested in Hedget are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.