Hegic is a platform for on-chain options trading with a focus on simplicity, allowing users to easily buy and sell options. Ithaca Protocol, described as 'the Uniswap of Options,' aims to create a decentralized exchange-like environment for options using automated market making. Hegic suits users who prefer straightforward options trading, while Ithaca is better for those seeking a more DeFi-native, liquidity-pool-based approach.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $9.1MDefiLlama | $13.6KDefiLlama |
| MCap Rank | #958 | #4985 |
| Total Raised | — | $2.5M |
| Founded | — | 2023 |
| Stage | — | — |
| X / Twitter | 25K | 66K |
| GitHub Stars | — | 1 |
| Chains | arbitrumethereumfantom | arbitrumbnb-chainethereum |
| Tags | Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi) | Derivatives, DeFi, Options |
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.
Ithaca is a non-custodial, composable options protocol on Arbitrum that uses an auction-based matching engine to provide deep liquidity for options, option strategies, and structured products. It consistently ranks among the top option protocols by volume and aims to become the leading cross-chain options infrastructure, akin to the Uniswap of options.