Ask about Hermes Trade

Logo of Hermes TradeHermes Trade

Key Metrics

Fees 30d$162.61
Fees 30d by chain

Monad$162.61

Fees 7d$30.86

Monad$30.86

Fees 24h$26

Monad$26

Cumulative Fees$1,008.9

Monad$1,008.9

Revenue 30d$162.61
Revenue 30d by chain

Monad$162.61

Revenue 7d$30.86

Monad$30.86

Revenue 24h$26

Monad$26

Cumulative Revenue$1,008.9

Monad$1,008.9

DEX Volume 30d$50,301.77
DEX Volume 30d by chain

Monad$50,301.77

DEX Volume 7d$12,116.05

Monad$12,116.05

DEX Volume 24h$1,030

Monad$1,030

Cumulative DEX Volume$233,905.37

Monad$233,905.37

DEX Notional Volume 30d$100,641
DEX Notional Volume 30d by chain

Monad$100,641

DEX Notional Volume 7d$24,236

Monad$24,236

DEX Notional Volume 24h$2,059

Monad$2,059

Cumulative DEX Notional Volume$470,450.65

Monad$470,450.65

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.

WebsiteX/Twitter
Category:Prediction Market

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

Levr Bet ($1.91m)Kizzy ($73,676.96)Polymarket International ($342.5m)Rain ($25.04m)Predict Fun ($10.01m)OPINION ($3.41m)Gnosis Protocol v1 ($2.64m)Sport.fun ($2.53m)Augur ($2.14m)Pascal ($1.56m)

Frequently Asked Questions

What chains does Hermes Trade operate on?

Hermes Trade operates on Monad.

How much has Hermes Trade generated in fees and revenue?

Over the past 30 days, Hermes Trade generated $162.61 in fees. Of that, $162.61 was protocol revenue. Based on the trailing year, the annualized rate is $5,125.12 in fees and $5,125.12 in revenue.

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

Among Prediction Market protocols tracked by DefiLlama, Hermes Trade ranks #113 by TVL. The category holds $400.88m across 119 protocols, and Hermes Trade accounts for 0% of that total. Other leading protocols include Levr Bet, Kizzy, Polymarket International, Rain, Predict Fun, OPINION, Gnosis Protocol v1, Sport.fun, Augur, and Pascal.

How much trading volume does Hermes Trade process?

Hermes Trade processed $50,301.77 in DEX volume over the past 30 days.