Hegic is an options protocol designed to create and trade options in a whole new way. The protocol allows clients to construct options with "custom strike prices" and "expiry dates," reminiscent of over-the-counter (OTC) platforms. Selling options on Hegic is easier than on any previous platform due to the protocol's use of a common liquidity pool that generates passive income. Both option holders and liquidity providers can receive Hegic token rewards from their liquidity mining projects. Hegic is an option trading protocol built on the Ethereum blockchain. Users can use Hegic to buy or sell call options and put options. Hegic functions and services are completed on the chain, and it is license-free and unregulated.

Hegic is an automated market maker and options trading platform based on Ethereum.
HEGIC is the platform's native ERC-20 utility token and has the following use cases:
Platform governance voting.
Liquidity provisioning and trading rewards.
Mortgage tokens to obtain platform fee sharing.