dHEDGE Review – No Liability For The Company
As a decentralized company, dHEDGE ensures top-notch asset management with a non-custodial nature. Still, the company’s T&Cs reveal the whole responsibility is on the traders themselves. So, what’s the security for you in it?
Indeed, letting experts trade for you while you collect the profits is everyone’s dream. But is it the case with vault managers, find out in this dHEDGE review.
Company Type | Asset Management Protocol |
Legal name | N/A |
Regulation | None |
Registered in | N/A |
Established | 2018 |
Website | https://dhedge.org/ |
Financial Authorities Warnings | N/A |
Contacts | E-mail; Discord; Telegram |
If a withdrawal is possible | N/A |
Fees | Hidden fees |
If Active on Social Media: | Yes – YouTube, LinkedIn, Twitter |
Investor Protection: | Non-custodial protocol; decentralized; |
Activity areas | United States, Germany, India, France, United Kingdom |
Main threats | Risk of potential phishing; |
Main perks | Crypto investing automatization; decentralized protocol; |
Who is Behind dHEDGE?
Generally, decentralized platforms don’t have a specific legal entity behind them. Instead, the platform operates as an open-source Ethereum L2-based blockchain with a verifiable and non-custodial trading nature. The whole protocol is supported by Synthetix.
Three key individuals are behind the dHEDGE platform: Henrik Andersson, current CIO of Apollo Capital; Radek Ostrowski, co-founder of RelayPay and Startonchain.com; and Ermin Nurovic, co-founder of Upstreet.
What Do Users Say About dHEDGE?
Even though the platform was released in 2018, it’s quite surprising there are no dHEDGE reviews publicly available. That’s especially interesting when you see the company in numbers.
Apparently, there is $106 million in total value locked, $6+ million in treasury balance, and more than 1,800 vault managers. Therefore, where are all those users? A shocking detail that doesn’t back this up is the Telegram community with only a bit over 1,200 members.
How Does dHEDGE Crypto Trading Work?
Generally speaking, many crypto investors nowadays simply stake cryptos and hope for the best. However, educated vault managers can change the whole game for those individuals. Most importantly, the ownership of the funds remains in your hands. Managers are there just to help you maximize the results.
Traders just have to connect their ERC-20 wallets to the dHEDGE app, and voila, you are ready. Most importantly, every transaction in the Ethereum network is fully transparent, and anybody can review them. But what you should also review are our analysis of Dune.com, and Magallanes Value Investors reviews. There are a lot of useful tips.
Platform Funding
Similar to any other decentralized anonymous organization (DAO), dHEDGE DAO supports its business through native tokens. It’s called DHT, and its new mechanism gives token governance power and rewards users for active participation in the protocol.
Of course, the rewards will depend on the amount of DHT token staked, the duration of staking, and the performance of the dHEDGE vault. The current dHEDGE token price sits at $0.11.
Other Possibilities Of dHEDGE Protocol
If you test out platforms like Infinite Trading and One Click Crypto, you will realize both are automated and AI-based platforms for crypto trading. Therefore, dHEDGE AI potential is at a whole new level in the crypto world. With dHEDGE SDK, traders can easily create and manage V2 pools and auto-trading bots for all supported protocols and networks.
What Networks Does The Platform Support?
As can be seen, this platform supports four networks. These are all Ethereum L2-based networks supported by native tokens. Sadly, the dHEDGE price doesn’t seem quite promising.
In any case, the options are:
- Polygon
- Optimism
- Arbitrum
- Base
All four offer pretty much the same features, such as spot trading, leveraged trading, liquidity provision, and lending. With a wide range of tradeable instruments, anyone can find suitable investment options. But if you don’t know where to start, there’s a vault manager exactly for that reason.
What Are the Fees Of the dHedge Protocol?
Since the platform itself collects money through native tokens, no fees are required from individual users. However, there are management fees, mostly set by managers. Therefore, you can play around with those depending on the manager you choose. In general, you shouldn’t get more than a 20% performance fee, a 3% management fee, and an entry fee of 1%.
Protocol fees are charged by managers and can be up to 10%. So, bear that in mind if you trade here.
Company Backed Up By Trusted DeFi Organisations
One of the reasons traders might trust this protocol is because of the huge support it gets. Thus, with no reviews available, traders might wonder if it is all real.
Nevertheless, some of the notable names within supported entities are:
- BlockTower Capital
- NGC Ventures
- Trusted Volumes
- CEO of Kyber Network and many more.
Conclusion: Is It All Truly Worth It?
Generally, with such advanced technology and features, there’s no doubt the company will gain popularity. Thus, with expensive fees and no guarantee something will work, why would you risk your crypto with anonymous vault managers? Especially when you have platforms like Funded Trading Plus, where you can earn profits with no risk of losing your capital.
On the positive side, you can use their automatization features once you complete the dHEDGE login process. These can be implemented on any other platform of your choice without interference from third parties. Therefore, you should keep that in mind as your alternative. Or simply stick to proven trading methods that are more common sense, such as stocks, indices, and commodities.
Can You Trade Without Risk?
Generally, no. Every type of trading includes a certain amount of risk, one way or another. Thus, if you trade with prop trading firms, the chance of losing your money in the market is zero. Simply because you don’t use your own capital for trading but the company’s. Even though you are trading on a virtual account, once you pass the evaluation phase, you get into the funded phase with up to a 90% profit split.
And imagine having more than $200k in your balance. That’s quite a good deal for a small fee you have to pay. Not to mention, all AI tools, trading signals, and advanced trading strategies are more than welcome. Practically, you can collect profits without the nightmares of losing your money.
If using dHEDGE wallet management services and other features is complicated, stick to simple trading with Funded Trading Plus. Sign up today and earn a chance to receive amazing rewards and promotions. You’ll never return to regular trading once you compare features with Funded Trading Plus.
FAQ
What is dHEDGE?
dHEDGE is a decentralized non-custodial vault protocol built on Ethereum L2 blockchains that allows third parties to manage your tokens.
Is dHEDGE Legit?
Considering what DeFi companies support this firm, the answer is most likely yes. Thus, without any publicly available reviews, you can only rely on your own experience.
Is dHEDGE a Wallet or an Exchange?
None. dHEDGE is a vault system that allows users to provide their funds on management to trusted vault managers.