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Hedgey was launched to bring financial derivatives to the Decentralized market. It allows anyone to trade options without banks, brokers, or hedge funds. Through a series of smart contracts, as well as integrations with popular liquidity protocol, Uniswap, Hedgey allows anyone to create and participate in the non-custodial derivatives market while enjoying the same experience traditional options trading platforms have offered. It was launched in February 2021 by Parachute, a blockchain projects founded in 2018.