Hermes Protocol Logo

Hermes Protocol HERMES

Hermes Protocol header image

1. Summary

Ranks

Liquidity
63
Developer
-
Social
52
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.002868980000 +16.5%
Market Cap
$619,744.00 (#4325)
Supply
218.34M / 539.01M
Price
52W High price $0.04
52W High date 6th Jun 2024 (11 months ago)
All Time High (ATH) Date 18th Oct 2022 (2 years ago)
ATH Price $0.24
% From ATH -98.99%
All Time Low (ATL) Date 2nd Oct 2024 (7 months ago)
ATL Price $0.000054320000
% From ATL 4385.78%
Supply & Trading Volume
Trading Volume (24h) $335.00
Total Supply 539.01M
Circulating Supply 218.34M
Description

Hermes Protocol is a decentralized exchange (DEX) that allows users to trade volatile and pegged assets in a single venue. It was officially launched in February 2022 and began emissions in March 2022. The protocol incentivizes liquidity providers to add new gauges, boost gauge yields, vote on token emissions, and receive bribes. Liquidity provider...

Hermes Protocol is a decentralized exchange (DEX) that allows users to trade volatile and pegged assets in a single venue. It was officially launched in February 2022 and began emissions in March 2022. The protocol incentivizes liquidity providers to add new gauges, boost gauge yields, vote on token emissions, and receive bribes. Liquidity providers can earn HERMES tokens based on their veHERMES balance, with a 100% weekly distribution weighted on votes from veHERMES holders. Those with no veHERMES balance can earn up to 40% of emissions. The protocol aims to provide low-cost, near-zero slippage trades on both correlated and uncorrelated assets, incentivizing fees instead of liquidity.

2. Price

HERMES

2.1. Market Performance

How does Hermes Protocol's (HERMES) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

30.7%

HERMES

41.6%

Similar Market Cap

60 Day Return

85.9%

HERMES

17.3%

Similar Market Cap

1 Year Return

-91.9%

HERMES

-58.2%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 1,694
Twitter followers 6,457
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://hermes.maiadao.io/#/swap
Explorer https://andromeda-explorer.metis.io/token/0xb27Bbe...
Twitter @MaiaDAOMetis

What is the correct contract address for Hermes Protocol?

Arbitrum-one 0x45940000009600102a1c002f0097c4a500fa00ab

Has Hermes Protocol been audited for security?

No security audits found for this project.

Are you the owner of Hermes Protocol? Edit it here

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