Frequently Asked Questions

Hedgen produces independent due diligence on DeFi and RWA protocols, licensed as a firm-wide annual subscription.

Each report is written once and made available to every subscriber: the structured analysis institutional allocators need to evaluate the protocols the market is actually holding.

One annual licence gives your firm the full report library and every new report as it ships.

From 2027, each published report is refreshed with quarterly updates as protocols evolve. That is what renewals buy.

The licence is per firm, never per seat: your whole team reads the same research under one subscription.

• Founding: $9,000/year, price locked for life. First ten firms only.
• Standard: $15,000/year.
• Premium: $30,000/year, adding a quarterly call, limited Q&A, and one commissioned report on a protocol of your choice.

Every tier is priced per firm, a fraction of a crypto-native analyst's fully-loaded cost ($150-250k/year), and less than two standalone reports.

Independence is the core of the offer. No protocol we cover pays us, and we do no sell-side or advisory work for protocols under this brand.

Research is written by a practitioner, active in crypto since 2016 and hands-on in DeFi since 2019-2020, not a TradFi analyst who arrived last cycle. Any relevant personal holdings are disclosed in the report itself.

Ondo Finance is the first report, now in production, followed by Maple and Ethena, on a six-to-seven-week cadence.

Coverage is demand-weighted, not on individual request: a protocol enters the roadmap once it recurs across the portfolios of the institutional allocators we track, typically two to three before it ships. The library converges on what allocators broadly hold, rather than any single firm's list.

Founding and Standard subscribers get the full library and quarterly updates. A commissioned report on a protocol of your choice is available only at Premium.

A two-page executive summary of the Ondo report is available now as a sample of the Hedgen framework. The full report is in final production.

Request the executive summary, or book an intro call to discuss a founding subscription.