Global reach. Deep access to emerging markets.

FX Hedging

A Future Payment.
A Rate You Can Plan Around.

Buy the right to exchange at a set rate before expiry. Ledig onchain call options help businesses plan future stablecoin purchases with clear terms and an upfront premium.

Illustrative example

10,000 USDC

Amount

StrikeNGN1,500 / USDT
Expiry30 days
Premium already paid10 USDC

10 bps of the 10,000 USDC base amount. Design placeholder, not an available offer.

Kora Studio

We need 10,000 USDC

A future stablecoin purchase

Rate - NGN per USDC

Market = 1,800Strike = 1,500Initial ratePossible move before expiry

Market purchase

18 million

Equivalent before costs

Exercise purchase

15 million

Equivalent with strike token before fees

Try it

Know What You Are Protecting

A payment due later can become more expensive as exchange rates change. A call option gives you the right to buy at an agreed rate before the option expires.

Kora Studio

Pay a supplier 10,000 USDC in 30 days

Amount

10,000 USDC

The amount you plan to purchase.

Strike rate

NGN 1,500

The exchange rate you can use if you exercise.

Expiry

30 days

The option's last valid date.

Premium

10 USDC

The price paid for the option.

Try it

See What Happens When The Rate Moves

View bid and ask rates for instant conversions and RFQ.

Illustrative example

10,000 USDC

Amount

StrikeNGN1,500 / USDT
Expiry30 days
Premium already paid10 USDC

10 bps of the 10,000 USDC base amount. Design placeholder, not an available offer.

Rate - NGN per USDC

Market = 1,800Strike = 1,500Initial ratePossible move before expiry

Understand the exchange

What You Pay. What You Receive.

If you choose to exercise, you provide the required settlement asset and receive the stablecoins covered by your option. If you leave the option unused, the premium is not refunded

You, the buyer

Already paid, upfront Premium - 10 USDC
Only if you exercise Provide settlement asset - strike-currency stablecoin

Exercise
exchange

The option, collateralized

Covered amount Delivers 10,000 USDC
Backing Supported by posted collateral

NGN / USDC

Call
StrikeNGN 1,500
Premium10 USDC
Expiry30 days
Ledig's FeeFrom 2bps

Separate from the premium

View premium table

On-chain hedging

Review The Terms Before You Buy

Local currency swings can erase your margins overnight. The Derivatives Hedging Protocol lets you lock rates and hedge FX exposure across volatile corridors, settled transparently on-chain.

FAQs

Questions Before You Plan A Hedge

Do I have to exercise?

No, a call gives a right rather than an obligation.

Is the premium refunded if I do not exercise?

No. The premium is not refunded whether or not you exercise.

Is the premium the same as Ledig's fee?

No. They are shown separately.

What settles onchain?

The assets specified in the contract; identify the required asset before buying.

Plan Your Next Hedge

Our platform supports a wide range of currencies.

Explore Onchain Hedging
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