GammaSwap offers perpetual options using DEX liquidity, allowing continuous trading without expiration. Hegic provides on-chain options with portfolio margin, enabling users to write and buy options with collateralized positions. GammaSwap suits traders seeking perpetual exposure, while Hegic is for those who prefer traditional options with margin flexibility.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $1.4MDefiLlama | $9.2MDefiLlama |
| MCap Rank | #2292 | #959 |
| Total Raised | — | — |
| Founded | — | — |
| Stage | — | — |
| X / Twitter | 27K | 25K |
| GitHub Stars | 9 | — |
| Chains | arbitrumbaseethereum | arbitrumethereumfantom |
| Tags | Decentralized Finance (DeFi), Perpetuals, Arbitrum Ecosystem | Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi) |
GammaSwap is a decentralized options protocol that enables perpetual options trading using DEX liquidity. It operates on Arbitrum, Base, and Ethereum, offering a unique matching engine for onchain settlement.
Hegic is an on-chain peer-to-pool options trading protocol on Arbitrum and Ethereum, enabling users to trade ETH and WBTC ATM/OTM calls and puts, as well as one-click option strategies. It provides a decentralized alternative for options trading within the DeFi ecosystem.