🔲Modular Synthetic Blockspace

This dynamic defines the economy of the blockchain, yet until now, it’s been impossible to trade or hedge that volatility directly.

Modular Synthetic Blockspace as a Solution

Modular Synthetic Blockspace transforms gas costs into cash-settled, freely tradable assets, effectively creating a prediction market for on-chain costs. Instead of buying or delivering real blockspace, users trade synthetic contracts that mirror the gas price of a given block or time window.

We take a block at its core:

• strip away all the technical complexity,

• extract only its gas cost data,

• and turn that into a financial instrument.

That’s the essence of it — a simple, elegant layer built from something inherently complex.

Options for On-Chain Costs

With Modular Synthetic Blockspace, options and futures can be built around gas price movements — letting traders speculate on congestion, and builders hedge future costs with predictable pricing.

Just like prediction markets anticipate real-world outcomes, Hedgehog enables speculation and hedging on blockchain activity itself. Transforming gas volatility, MEV intensity, and transaction fees into structured financial primitives.

Why It Matters

For rollups, validators, wallets, and AA paymasters, cost unpredictability is operational risk. Hedgehog gives them a simple hedging layer: no need to touch baseFee mechanics, just trade synthetic exposure to it.

For traders, it’s a new asset class, a high-frequency, data-driven options market built on the rhythm of block production itself.

This dynamic defines the economy of the blockchain, yet until now, it’s been impossible to trade or hedge that volatility directly.

Modular Synthetic Blockspace as a Solution

Modular Synthetic Blockspace transforms gas costs into cash-settled, freely tradable assets, effectively creating a prediction market for on-chain costs. Instead of buying or delivering real blockspace, users trade synthetic contracts that mirror the gas price of a given block or time window.

We take a block at its core:

• strip away all the technical complexity,

• extract only its gas cost data,

• and turn that into a financial instrument.

That’s the essence of it — a simple, elegant layer built from something inherently complex.