Position Protection for Prediction Markets

Your position.
Our protection.

Activate downside protection on your Kalshi positions in under 3 seconds. Pay a small fee upfront, fixed payout if the market moves against you.

Hedgy is a hedging product, not insurance. Read the Risk Disclosure.

Live
·
82 active protections
·
$48,597 protected today
·
+$230 last payout · just now
app.hedgy.fi / dashboard
macOS 14.4
Portfolio · 4 active positions
$2,420.00
+$48.20 today 88% protected
Open positions
View all →
Lakers make playoffs
YES · $500 · @ 0.61
+$28 Guard
Fed cuts 25bp at next meeting
YES · $1,200 · @ 0.74
+$36 Shield
BTC > $120k EOY
NO · $300 · @ 0.57
−$16 Naked
All Positions
4 open · 12 resolved
Market Side · Stake P&L Tier
Lakers make playoffs
@ 0.61 · expires May 21
YES · $500
+$28
Guard
Fed cuts 25bp at next meeting
@ 0.74 · expires Jun 14
YES · $1,200
+$36
Shield
AI safety bill passes
@ 0.34 · expires Aug 1
YES · $420
−$8
Guard
BTC > $120k EOY
@ 0.57 · expires Dec 31
NO · $300
−$16
Naked
Total exposure: $2,420 + Open new position →
Active Protection
$1,820 covered
Fees paid
$76.40
Payouts received
+$370
Net P&L
+$293.60
Active by tier
Shield · 1 position · $1,200
Guard · 2 positions · $620
Recent payouts
Lakers playoff loss
+$250.00
Fed rate hold
+$120.00
Recent Activity
Last 24h
Protection paid · +$250.00
just now
Lakers playoff loss · Guard tier
Protection activated
14m ago
Lakers make playoffs · Guard tier · −$95 fee
Protection paid · +$120.00
1h ago
Fed rate hold · Shield tier
Position opened
2h ago
Fed cuts 25bp · YES $1,200 @ 0.74
Connected to Kalshi
Yesterday
Read-only API key · verified
Multi-protocol coverage

We work with the markets you trade.

Kalshi
Live

CFTC-regulated event contracts. Sports, politics, economics, weather.

27 markets supported 4 categories
Polymarket
Soon

Crypto-native prediction markets. On-chain settlement, USDC stakes.

Q1 2026 · Join waitlist Notify me →
HyperLiquid
Soon

DEX expanding into prediction markets. Self-custodial trading at scale.

Q2 2026 · Join waitlist Notify me →

Hedgy is independent. Not affiliated with or endorsed by Kalshi, Polymarket, or Hyperliquid.

How It Works

Three steps. Under a minute.

Step 1

Connect Kalshi

Link your Kalshi account with a read-only API key. Your funds stay on Kalshi. 30 seconds, no transfers.

Step 2

Pick a tier

Choose Shield, Guard, or Fortress based on how much downside you want protected. See the cost before you commit.

Step 3

Get paid if you're wrong

If the market moves against you, your protection payout hits your account automatically. No claims, no forms.

See it on a real market.

Pick a trending Kalshi market and see exactly what protection costs.

Trending on Kalshi
Protection Calculator
$250
$20$5,000
Protection fee −$47.50
Max payout if you lose +$125.00
Worst-case net −$172.50

Markets shown are illustrative. Live Kalshi data integration available in the app.

Built for serious traders.

Four steps. Under a minute. Total control.

01 / 04

Connect in 30 seconds

Paste a read-only Kalshi API key. Your funds never leave Kalshi. We see your positions — we can't move them.

hedgy / connect
Step 1 of 2

Connect your Kalshi account

Read-only API key. We can see your positions but cannot move them.

|
Connected · Read-only access verified
Your funds never leave Kalshi.
02 / 04

Every position, one dashboard

Live sync with Kalshi. See every open position, current price, and protection status at a glance.

hedgy / dashboard
Open positions
4 active · $2,420 exposure
Protected
$2,120 / 88%
Lakers make playoffs
YES · $500 · @ 0.61
✓ Guard
Fed cuts 25bp
YES · $1,200 · @ 0.74
✓ Shield
BTC > $120k EOY
NO · $300 · @ 0.57
Unprotected
AI safety bill
YES · $420 · @ 0.34
✓ Guard
03 / 04

One click. Three seconds.

Pick a tier. See the exact cost. Confirm. Protection is active before the next price tick.

hedgy / activate
Activating protection
Lakers make playoffs
YES · $500 stake · @ 0.61
Shield
10% / 25%
Guard
19% / 50%
Fortress
27% / 75%
Fee −$95.00
Max payout +$250.00
04 / 04

Payouts are automatic

If the market moves against you and your protection triggers, the payout hits your account. No claims, no forms, no waiting.

hedgy / payouts
Protection triggered
Lakers playoff loss · +$250.00 paid out
just now
Recent payouts
Lakers playoff loss
2m ago
+$250.00
Fed rate hold (Shield)
1h ago
+$120.00
AI bill failed (Guard)
Yesterday
+$210.00

Protection Tiers

Choose the level of protection that fits your strategy.

Shield
10%fee
25%payout

Entry-level protection for casual traders. Low cost, essential downside reduction.

$100 stake → $10 fee → up to $25 payout

Get Started
Guard
19%fee
50%payout

Balanced protection for active traders. Half your stake protected.

$100 stake → $19 fee → up to $50 payout

Get Started
Coming Soon
Fortress
27%fee
75%payout

Maximum protection for serious positions. Nearly full recovery.

$100 stake → $27 fee → up to $75 payout

Notify me when live

Why Hedgy

Built for traders who take risk seriously.

Real-time Kalshi Sync

Positions update live. Protection adjusts automatically when your stake changes.

Instant Coverage

Activate protection in under 3 seconds. No forms, no waiting periods.

Actuarial Pricing

Fees are calculated from real market data — fair, transparent, and non-arbitrary.

ArbitrageGuard

Detects paired positions automatically. No gaming the system, no unfair payouts.

Bad streaks shouldn't end your run.

Same 30 trades. Same outcomes. One trader had Hedgy.

Starting bankroll
$1,000
Both traders · $300 per position
Unprotected
$0
Busted at trade 12 · −100%
With Hedgy Guard
$520
Survived the streak · still trading
$1,500 $1,000 $500 $0 ← BAD STREAK → ↓ BUSTED $0 $520 Trade 0 10 20 30
Max drawdown
−100% vs −66%
Lost streak survived
4 of 5 vs all 5
Trades remaining after streak
0 played vs 18 played

Hedgy doesn't make every trade a winner — it makes sure one bad streak doesn't end you. Stay liquid. Stay in the game.

How Hedgy actually works.

No black box. Here's the full mechanic.

Your funds stay on Kalshi

Hedgy uses a read-only API key. We can see your positions but cannot move, withdraw, or close them. You are always in control of your Kalshi balance.

Protection pool, not a bookmaker

Protection fees from all users go into a segregated reserve pool. Payouts come from this pool, sized actuarially against expected losses.

Pricing is not arbitrary

Tier fees are calibrated to historical Kalshi volatility data. We publish the model. We don't price by trader, by market, or by sentiment.

Hedgy is a hedging contract — not insurance

Hedgy is not regulated as insurance and does not promise full recovery. It is a downside-hedge contract on Kalshi event positions. Payouts are capped per the tier you choose.

Which tier is for you?

Three traders, three strategies.

Shield

Casual sports bettor

$20–100 on weekly sports markets

Low cost on small stakes. If a Sunday upset wipes you out, Shield gives you a 25% rebate to keep the run alive.

Start with Shield
Guard

Active politics & macro trader

$200–2,000 on multi-week positions

Half your downside protected — meaningful enough to justify the 19% fee on positions you hold through volatility.

Start with Guard
Fortress

Whale / professional

$5,000+ structured positions

Maximum recovery. Designed for positions where being wrong is materially expensive.

Join Fortress waitlist
Beta · Simulated environment

Numbers from the first 30 days.

$2.4M+
Protection issued
12K+
Positions protected
<3s
Activation time

Questions you should be asking.

We answer the hard ones first.

Because being wrong shouldn't mean risking it all.

Every trader has losing positions. Hedgy makes sure they don't end the run.