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Hedget
HGET

$0.12
Market Cap
-0.67% $215,815
Fully diluted market cap
$215,815
Circulating supply
1,751,448 HGET
Total supply
1,751,448 HGET
Max. supply
-
Volume 24h
-0.24% $135,181
Volume/Market cap (24h)
+62.64%

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

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Hedget
HGET

$0.12
1D
7D
1M
3M
1Y
ALL
Market Cap
-0.67% $215,815
Fully diluted market cap
$215,815
Circulating supply
1,751,448 HGET
Total supply
1,751,448 HGET
Max. supply
-
Volume 24h
-0.24% $135,181
Volume/Market cap (24h)
+62.64%

HGET Price Calculator

HGET
USD
1 HGET equals $0.12 United States Dollar
Last updated 2024/11/13 15:00:18 (UTC)

Official Links

Ratings

Average ratings from the community
4.5
100 Ratings
Average ratings from the community
This content is for informational purposes only

HGET Market

HGET Market Stats

24h Low & High
Lowest Price
$0.12
Highest Price
$0.12
All Time High
$11.65
Price Change(1h)
-0.84%
Price Change(24h)
+0.09%
Price Change(7d)
+0.12%

HGET Price Live Data

The live price of Hedget is $0.12 per (HGET/USD) today with 24-hour trading volume is $135.18K USD. HGET to USD price is updated in real-time. Hedget is +0.09% in the last 24 hours.

HGET Price Performance

24DAYS
$-0.0(3)11
-0.09%
30DAYS
$-0.010
-8.03%
90DAYS
$0.023
+22.98%
1YEAR
$-0.038
-23.76%

About Hedget (HGET)




The Hedget team believes that the development of global decentralized options markets are the logical next step for DeFi platforms and lenders. With the ability to hedge against volatility in both directions, these platforms (as well as casual users) will be able to insure themselves against liquidation and insolvency. In addition, Hedget options can also be used as a straightforward trading tool to profit from price movement in the market.

The team has placed priority on leveraging the capabilities of several different blockchains. Hedget has an implementation developed for Binance Smart Chain, as well as a separate implementation on Ethereum. In addition, Chromia is being incorporated as a Layer 2 enhancement for the Ethereum platform.

The long-term vision of the Hedget foundation is to provide development and stewardship of the platform over the next several years, eventually establishing a DAO which will govern the rules and mechanics of the platform.

___

The Hedget Token (HGET) is the native utility and governance token of the Hedget platform. It is issued on the Ethereum network as an ERC-20 contract and will have representation on a Chromia sidechain as well as Binance Smart Chain.

HGET serves as the governance token of the Hedget platform. The token holders can vote (directly on the blockchain or via UI https://hedget.com/proposals/) on adding new assets, default options parameters and UI improvements.

There is a Testnet platform https://hedget.com/demo/ (hosted on Chromia testnet) that users must stake HGET tokens to access. On the demo site, users will trade with testnet tokens with no real value, but the best performing traders will be rewarded automatically by Hedget protocol with real HGET tokens upon mainnet release on the Chromia blockchain in Q1 2021.

The HGET token will fulfill several functions on the platform. HGET tokens will need to be staked to interact with the platform, and all trading commissions on Hedget are taken in HGET tokens. HGET is also used to prevent spamming of orders which can lead to API overloads and order book manipulation. Staking requirements will increase as the monetary value and frequency of a user's interactions increase.

In the future, the HGET token will also be used as a security measure and reputation engine when margined options are implemented. Options writers who wish to offer options without providing 1:1 collateral will need to stake HGET tokens which will be used to purchase fully collateralized options as a hedge in case of Capital insufficiency risk. This mechanism ensures end users cannot be adversely affected by the insolvency of an options writer.

As the platform is further developed, a DAO will be established and HGET tokens will be used to determine transaction fees, reserve requirements, and general functions and features of the platform.

## Hedget Protocol Fee Structure:

* Taker fee 0.04% of underlying
* Maker fee 0.02% of underlying
* The 0.02% difference between Taker and Maker fees will go to special Reserve which will be locked until a DAO is established, at which time the DAO will govern the use of the funds
* A settlement fee of 0.02% + ETH fees (if settled on Ethereum) will be paid by option buyer
* In the first 3-4 years this 0.02% settlement fee will be paid by the system from the liquidity mining pool, thus rewarding option writers, and reducing total fees for the option buyer



## HGET Token Circulation:

The protocol has a fixed maximum token supply of 10,000,000 HGET

1,717,170 tokens were created during the TGE and were distributed between private and public sale buyers as well as the team in accordance with the Whitepaper.

88,888 ERC20 HGET were burned on the Ethereum Mainnet and will be issues on Binance Smart Chain in January 2021

The remaining tokens will be issued over time as outlined in the Whitepaper. The majority of these will be distributed via a Liquidity Mining Program that rewards both market makers and users of the Hedget protocol.

HGET To Local Currency

Last updated 2024/11/14 00:00:03 (UTC)

How To Buy Hedget

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Hedget and help you discover other cryptocurrencies similar to Hedget.

How to buy?

FAQ

Q
What is the current price of Hedget?
A
We update our Hedget to USD price in real-time. Get the live Price of Hedget on CoinMapAi.
Q
What is the 24 hour trading volume of Hedget?
A
Over the last 24 hours, the trading volume of Hedget is $135.18K.
Q
What is the all time high of Hedget?
A
The all-time high of Hedget is $11.65. This all-time high is highest price paid for Hedget since it was launched.
Q
Where can I buy Hedget?
A
Hedget can be purchased on multiple centralized exchanges. Please check our buying guide: buy Hedget guide.
Cryptocurrency investment activities, including actions done to buy Hedget online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Hedget instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Hedget purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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