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What is Hedgemony (Monad)?
What is Hedgemony (Monad)?

What is Hedgemony?

Hedgemony is a full suite of tooling for trading, hedging markets and portfolio optimization built on the Monad blockchain. They make it easy to swap assets, connect to a network of yield opportunities and use trading strategies from their library.

  • Multi-asset swapping - single and multi asset swap routing
  • Express Yield Delegation
  • Automation
  • Monetize through publishing

Hedgemony is a unified platform for DeFi activities with tools to execute complex trading strategies with ease.

What problems does Hedgemony solve?

Hedgemony solves the problem of fragmented crypto tools which are spread across numerous blockchains and applications. They are a unified platform for DeFi activities with tools to execute complex trading strategies with ease.

In their own words, Hedgemony is providing solutions to "fragmentation, complexity and inefficiency" on the blockchain. Their platform is meant to address pain points of both crypto newcomers and experienced DeFi users.

  • Multi-asset swapping
  • Express yield delegation
  • Automation
  • Strategy library

Their toolkit provides users with a unified, responsive and manageable solution for navigating the complex DeFi world.

At its core, Hedgemony is an intent-centric execution layer for DeFi. This means it bridges the gap between what users want to achieve and the complex on-chain actions required to make it happen.

What is Hedgemony?

Hedgemony streamlines and makes investing efficient by combining numerous layers of yield rewards into one strategy.

  • Simultaneously introduce liquidity, earn yields on lend pools and leverage trade with margin
  • Shift idle portfolios into yield earning positions

What does intent-centric mean?

Intent-centric refers to protocols and platforms designed to act upon a user's intentions (or desired outcomes) rather than requiring them to handle all the detailed steps involved.

Intent-centric builders simplify user interactions by focusing on what they want to achieve rather than how it is executed.

For example, intent-centric builders on the blockchain may take a user's intent to purchase a token at the best available price and handle the routing, Exchange selection, optimizing gas fees, managing cross-chain interoperability and slippage monitoring.

Why did Hedgemony choose to build on Monad?

Hedgemony decided to build on Monad for several reasons including speed, settlement and cost:

  • 5x faster than Solana
  • 840x quicker than Ethereum
  • Near-zero transaction fees

They are one of the first protocols to be launched on Monad Pad, a decentralized launchpad specifically designed for introducing projects to the Monad blockchain. This early mover advantage places them atop the Monad stack of applications as the go-to trading interface for the blockchain.

By leveraging Monad's breakthrough infrastructure, Hedgemony aims to settle complex transactions with 1 second finality.

Monad's resourceful execution architecture paves the way for bleeding edge applications which leverage high frequency DLOBs.

DLOB, Distributed Limit Order Books, is a decentralized version of traditional limit order books used by centralized exchanges (CEXs). They help facilitate low slippage and swift efficiency.

What is $HEDGE and mHEDGE?

$HEDGE is the liquid governance and utility token of the Hedgemony protocol. Users can stake $HEDGE for a predetermined amount of time and receive the yield bearing mHEDGE.

mHEDGE provides holders with:

  • Known yields based on quantity of stake
  • Protocol fee rebates
  • Governance voting
  • Strategy library rewards
  • Ability to generate referral codes

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Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Backpack. Please read our full disclaimer for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Backpack is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice.

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