Ask about Hermes Finance
Logo of Hermes FinanceHermes Finance(HERMES)
Total Value Locked$0

TVL by Chain

Avalanche$0

Key Metrics

Staked$0

Protocol Information

One of The first algorithmic stablecoin on Avalanche C Chain, pegged to the price of 1 AVAX via seigniorage.

Category:Algo-Stables

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

OrderNChaos ($60,538.99)Spice Trade ($7,442.16)Grave Finance ($357.52)Crocodile Finance ($4.87)Magnet DAO ($0.046)Kitty FinanceGrape FinanceSnowtombIceCream FinanceRipae

Frequently Asked Questions

What is Hermes Finance?

One of The first algorithmic stablecoin on Avalanche C Chain, pegged to the price of 1 AVAX via seigniorage.

What is Hermes Finance's TVL?

Hermes Finance currently has $0 in total value locked.

What chains does Hermes Finance operate on?

Hermes Finance operates on Avalanche.

How does Hermes Finance's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Hermes Finance ranks #61 by TVL. The category holds $54.85m across 102 protocols, and Hermes Finance accounts for 0% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.