Hedget protocol is a decentralized protocol for option trading. By providing collateral, users can create and trade different options series on the chain. Decentralized option products allow users to hedge against price fluctuations and the risk of mortgage positions. The protocol also adds the second layer support for existing blockchains (such as Ethereum) to achieve faster, cheaper and more complex transactions. Hedget believes that as the decentralized financial sector grows and matures, DeFi agreements such as decentralized options to reduce risk are necessary cornerstones.The Hedget Foundation uses the HGET token as a local token on the platform for governance and other practical purposes. Users need to purchase a small amount of HGET tokens to create and trade option products, and they can also earn tokens proportional to the transaction size during this process. If users need to suggest updating the protocol, it can also be used in the governance process.
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