HEDGEHOG PROTOCOL
Modular Synthetic Blockspace. Hedge, trade, and make money on gas fees.
For rollups, blockchains, exchanges, account abstraction, and degens alike!
SYNTHETIC BLOCKSPACE
Blockspace is the oil of modular blockchain ecosystems: rollups, wallets, validators, exchanges. They all use gas and want to pay less. Don't you?
We mirror the economic essense of blocks without getting into physical blockspace delivery complexities. That's why we call it Synthetic Blockspace. This approach allows us to create a gas derivatives market that both sophisticated providers and degens can interact with: buy, sell, build passive strategies, and hedge BaseFee.
Modularity
BaseFee gas market is just the first step for Hedgehog. The protocol utilizes a generalized CDP model inspired by Liquity. This approach can further be applied to Bitcoin transaction fees, Eigenlayer re-staking rates, Data Availability costs of Celestia, Priority Fees, and other on-chain derivatives.
HOW IT WORKS
Depending on what your gas strategy is, there are different steps you can take in the protocol
I want to trade gas
You can simply buy or sell BaseFee on AMMs. Expect gas to go up? - Buy. Expect it to go down? - Sell.
I want to earn HOG
You can mint BaseFee, stake it in Stability Pool, earn passive rewards by LPing into BaseFee/wstETH, and more.
I want to hedge gas
If you want to run sophisticated strategies and hedging operations, chat to us directly! We will onboard you quickly.
HOG TOKEN
Protocol fees & parameters
Hedgehog Protocol earns fees from different user actions, and all those fees end up in the treasury address. Fee sharing is decided by the DAO, so are all the protocol parameters.
AUDITS & BUG BOUNTY
Ensuring the highest level of security, the Hedgehog Protocol has been audited by top-tier security firms
Hedgehog Safety
Get Fresh News!
No spam, only quality content on all things gas.