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Markets
Market cap$2.71T-3.14%24h volume$72.96BBTC dominance59.3%Fear & Greed51 · NeutralBTC$80,221.00-0.54%ETH$2,323.30-0.41%SOL$100.55-0.43%XRP$1.29-2.07%BNB$743.20-0.80%DeFi TVL$88.09BStablecoins$302.01B
Updated

Hermes V1

HERMESDexs1 chainListed Feb 2022

Hermes is the first DEX that allows low cost, near 0 slippage trades on uncorrelated or tightly correlated assets. The protocol incentivizes fees instead of liquidity.

TVL history

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TVL by chain

  1. Metis$129.05K100.0%

Key facts

Category
Dexs
Chains
1
Token
HERMES
Oracles
—
Audits
None listed
Listed
Feb 2022

Key events

  1. V2 Launch
  2. V1 set to withdraw-only
  3. Metis Grant

Similar Dexs protocols

How this TVL is counted

Value of the tokens locked in the liquidity pools.

Frequently asked questions

What is Hermes V1’s TVL?

Hermes V1 has $129.05K in total value locked, -6.36% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.

Which chains is Hermes V1 on?

Hermes V1 runs on 1 chain; the most value sits on Metis ($129.05K).

What kind of protocol is Hermes V1?

Hermes V1 is listed under Dexs, where it ranks #529 by TVL.

Data aggregated from public third-party market sources. For informational purposes only — not investment advice.