Hermes Protocol HERMES
1. Summary
- Price
-
$0.001167020000 -9.2%
- Market Cap
- $259,086.00 (#5443)
- Supply
- 205.30M / 205.30M
- 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.
| Price | |
| 52W High price | $0.12 |
| 52W High date | 28th Dec 2023 (1 year ago) |
| All Time High (ATH) Date | 18th Oct 2022 (2 years ago) |
| ATH Price | $0.24 |
| % From ATH | -99.96% |
| All Time Low (ATL) Date | 2nd Oct 2024 (6 months ago) |
| ATL Price | $0.000054320000 |
| % From ATL | 68.37% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1,876.00 |
| Total Supply | 205.30M |
| Circulating Supply | 205.30M |
HERMES
How does Hermes Protocol's (HERMES) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-41.4%
HERMES
-28.6%
Similar Market Cap
60 Day Return
-99.2%
HERMES
-60.7%
Similar Market Cap
1 Year Return
-99.5%
HERMES
-49.4%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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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 | 2,008 |
| Twitter followers | 6,422 |
No recent news found.
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... |
| @MaiaDAOMetis |
What is the correct contract address for Hermes Protocol?
| Arbitrum-one | 0x00000000000451f49c692bfc24971cacea2db678 |
|---|---|
| Metis-andromeda | 0xb27bbeaaca2c00d6258c3118bab6b5b6975161c8 |
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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