Ask about Hermes Trade
Logo of Hermes TradeHermes Trade

Key Metrics

Fees (Annualized)$20,294
Fees 30d$278

Monad$278

Fees 7d$278

Monad$278

Fees 24h$23

Monad$23

Cumulative Fees$301

Monad$301

Revenue (Annualized)$20,294
Revenue 30d$278

Monad$278

Revenue 7d$278

Monad$278

Revenue 24h$23

Monad$23

Cumulative Revenue$301

Monad$301

DEX Volume 30d$41,278
DEX Volume 30d by chain

Monad$41,278

DEX Volume 7d$19,157

Monad$19,157

DEX Volume 24h$8,785

Monad$8,785

Cumulative DEX Volume$76,863

Monad$76,863

DEX Notional Volume 30d$84,009
DEX Notional Volume 30d by chain

Monad$84,009

DEX Notional Volume 7d$38,720

Monad$38,720

DEX Notional Volume 24h$17,571

Monad$17,571

Cumulative DEX Notional Volume$155,239

Monad$155,239

Protocol Information

Hermes Trade is an on-chain prediction market on Monad where users trade outcomit-order-book exchange and a conditional-token framework, using USDC and enzoBTC as collateral.

Category:Prediction Market

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Methodology

Fees: Realized trading fees: USDW collateral collected by the Hermes FeeVault, valued 1:1 as USDC. Outcome-token fees are counted once redeemed to USDW at settlement, mirroring DefiLlama's Polymarket fees adapter.View code on GitHubRevenue: All realized fees are retained by the protocol.View code on GitHubDEX Volume: Trading volume from OrderFilled events on the Hermes Trade CLOB exchanges (regular + NegRisk). Only the collateral (USDW, valued as USDC) side of each fill is counted and amounts are halved to correct for the maker + taker double counting, matching the Polymarket methodology.View code on GitHubNotional Volume: Notional volume of all trades on protocolView code on GitHub

Competitors

Kizzy ($89,807)