Hegic offers on-chain options trading with a simplified experience, while Opium provides a universal protocol for creating and trading any decentralized derivative. Their key difference lies in scope: Hegic focuses on options, Opium supports diverse derivatives like swaps and forwards. Hegic suits users who want straightforward options, while Opium is better for those needing a broader derivative toolkit.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $9.1MDefiLlama | $130.5KDefiLlama |
| MCap Rank | #958 | #4742 |
| Total Raised | — | $3.3M |
| Founded | — | 2019 |
| Stage | — | — |
| X / Twitter | 25K | 11K |
| GitHub Stars | — | 37 |
| 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.
Opium is a decentralized derivative protocol that allows users to create, settle, and trade any type of derivative. It offers products like USDT de-pegging insurance and fixed interest rate investments, providing innovative risk management tools in DeFi.

