Hegic (HEGIC)

In the middle of the market crash, I watch fundamentals.

Quick summary of this week's top-5 gainers by fees and what's driving them.

Data by @tokenterminal↓

> @manifoldxyz | NFT mint/drop activity. Probably a short-term creator spike.

> @DeFiSaver | More users managing lending/leverage positions. Fresh rewards + Hyperliquid integration likely helping.

> @HegicOptions | More options activity/premiums on Arbitrum. Still small, though.

> @dex_camelot | Higher swap/liquidity activity on Arbitrum. Low 7d fee base makes the % jump look bigger than it is.

> @Optimism | Higher OP Mainnet transaction volume and/or L1 data fees. OP fees are tied to both.

Let's see if increased fee moment sustains.

The "effort" should be to improve the functionality of the protocol (Like the automated hedging) or find ways to get more protocols or people to utilize or build on the only fully premiseless and simple options protocol, like @SharwaFinance's example. Do you think you can teach a team that innovated on the Black-Scholes model and sits on a treasury like that for years with the utmost discipline, how to extract a few more APRs? You clearly don't understand their values and what drives them. Any effort to improve or promote the protocol is "magically" funded. Do that, and you will be surprised by the cooperation. @dcfgod