Step 2b: Create your Put Option on Hedgey
Step #1: Go to and connect your metamask.
Step #2: Select the network and pair for your Put Option. If you need help creating a new market, click here.
Step #3: Click the RED arrow and select "I think it is going Down" (You do not actually need to think this.)
Step #4 Locate and select "Sell" and "PUT"
Step #5 Click the "Write New Ask" button.
Step #6 Use the form to fill out your details.
  • Step #6a Enter the amount of tokens you are willing to buy (in the condition that the price decreases to a low enough number)
  • Step #6b Enter the price you would be willing to buy them for each
  • Step #6c Enter the date you want this agreement to expire on.
  • Step #6d Enter how much USDC you wan to be paid. (For help selecting a price watch this video)
  • Step 6e Read the note on how Much USDC you will be locking.
Step #7 Click APPROVE USDC button (This is not a final confirmation)
Step #8 Click CONFIRM NEW ASK button.
That's it! You're order is made. To find out what's next, click the box below.
Make your agreement now using our UI on
Last modified 5mo ago
Copy link