Options Trading Protocol Hegic Completes Hegic Herge Upgrade on Arbitrum

Options trading protocol Hegic announced that its Hegic Herge Protocol Upgrade is live on Arbitrum. Through the upgrade, Hegic merged its Ethereum mainnet architecture with HardCore, a new architecture that had been tested on Arbitrum for eight months, into a Arbitrum-based architecture. After the upgrade, Hegic is only available on Arbitrum. In addition, users can use $HEGIC for collateralizing options and option strategies by depositing $HEGIC into Hegic's Stake & Cover model.

According to TokenInsight data, $HEGIC price has gone up by 237.66% over the last 24 hours, trading at $0.024508 now.