Which Magic in Hegic?

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Garry Kabankin
Nov 12, 2020

Assets covered: Hegic (HEGIC)

Metrics used: Age Consumed, Transaction Volume, Top Transactions, Supply on Exchanges, Network Profit/Loss, Holders Distribution, Trading Volume, Active Addresses



Hegic is back. A demand for the protocol, which temporarily suspended activity after a bug earlier this year, is soaring on partnership with Andre Cronje.


Hegic is positioning itself as the largest DeFi options protocol with a native governance token which has doubled in price over the past month.


The non-custodial options protocol has $41M in available liquidity with $18M deposited last week as another sign of climbing interest.


Concerning tricks


1. Age Consumed

A huuuge spike in Age Consumed happened just recently and indicates a solid amount of dormant coins moved a couple of hours prior to writing this.


What happened? Let's explore HEGIC transactions.


2. Transaction Volume

3. Top token transactions

We can see a lot

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Assets from this insight

Hegic logo

HegicHEGIC

$ 0.363462

40.92%in last 7d
1