Hegic offers a simplified on-chain options trading experience through a liquidity pool model, prioritizing ease of use. SIREN provides a decentralized, fully-collateralized options market, using an order book to ensure each option is backed by collateral. Hegic suits casual traders seeking simplicity, while SIREN appeals to users who prioritize security and full collateralization.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $9.2MDefiLlama | $286.8KDefiLlama |
| MCap Rank | #959 | #6477 |
| Total Raised | — | $5.2M |
| Founded | — | 2020 |
| Stage | — | — |
| X / Twitter | 25K | 0 |
| GitHub Stars | — | 41 |
| Chains | arbitrumethereumfantom | arbitrumbnb-chainethereum |
| Tags | Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi) | AI Agent, AI, MEME |
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.
SIREN is a decentralized protocol for creating, trading, and redeeming fully-collateralized options on any ERC-20 token. It operates without oracles, using a MarketsRegistry contract to coordinate individual markets.