# TON Hedge > Gain more, Risk less TON Hedge provides options and perpetual trading for TON users through on-chain protocols and Telegram integration. TON Hedge enables users to trade call and put options on-chain as well as perpetual contracts through an L2 infrastructure built on the TAC chain using zero-knowledge rollups. The platform offers options trading for hedging and leverage strategies, perpetual trading with near-zero execution fees, and liquidity provision opportunities. - Type: Project - Sector: Finance - Status: Active - Founded: 2024-01-01 - Profile: https://thegrid.id/profiles/ton_hedge ## Products - [TON Hedge Options](https://thegrid.id/profiles/ton_hedge): TON Hedge Options implements an on-chain options protocol facilitating call and put option trading for TON price exposure. The system enables users to purchase European-style options with customizable expiration dates and strike prices, providing leverage for hedging positions or speculative trading strategies. The protocol uses smart contracts on TON Blockchain for transparent settlement and liquidity pool mechanisms for option writing. (Derivatives , Live, Main Product) - [TON Hedge Perpetuals](https://thegrid.id/profiles/ton_hedge): TON Hedge Perpetuals operates as an L2 perpetual DEX on TAC chain implementing zero-knowledge rollup technology for high-frequency trading. The system provides near-zero execution fees, CEX-like trading experience with instant execution, and full custody of user funds. Users maintain control of assets with anytime withdrawal capability while accessing perpetual contracts through TON wallet integration. (Derivatives , Live) ## Assets - [TON Hedge LP Token (THLP)](https://thegrid.id/profiles/ton_hedge): THLP is the liquidity provider token for TON Hedge Options. It is issued to users who provide liquidity in USDT to earn from selling options on the protocol. The token represents proof of contribution to the pool, allowing holders to claim their proportional share of trading fees and withdraw their deposited assets at any time. (Utility) ## Links - [Main](https://tonhedge.com) - [Documentation](https://ton-hedge.gitbook.io/ton-hedge-docs) - [Twitter / X](https://x.com/tonhedge) - [Telegram](https://t.me/ton_hedge) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP