Ask about Hermes TradeKey Metrics
Fees (Annualized)$10,357.35
Fees 30d$766.16
Monad$766.16
Fees 7d$80.73
Monad$80.73
Fees 24h$0
Monad$0
Cumulative Fees$766.16
Monad$766.16
Revenue (Annualized)$10,357.35
Revenue 30d$766.16
Monad$766.16
Revenue 7d$80.73
Monad$80.73
Revenue 24h$0
Monad$0
Cumulative Revenue$766.16
Monad$766.16
DEX Volume 30d$113,365.99
DEX Volume 30d by chain
Monad$113,365.99
DEX Volume 7d$3,817
Monad$3,817
DEX Volume 24h$797
Monad$797
Cumulative DEX Volume$163,076.99
Monad$163,076.99
DEX Notional Volume 30d$227,990
DEX Notional Volume 30d by chain
Monad$227,990
DEX Notional Volume 7d$7,948
Monad$7,948
DEX Notional Volume 24h$1,634
Monad$1,634
Cumulative DEX Notional Volume$328,557
Monad$328,557
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
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 GitHubCompetitors
Frequently Asked Questions
What is Hermes Trade?
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.
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 $766.16 in fees. Of that, $766.16 was protocol revenue. Based on the trailing year, the annualized rate is $10,357.35 in fees and $10,357.35 in revenue.
How does Hermes Trade's TVL compare to similar protocols?
Among Prediction Market protocols tracked by DefiLlama, Hermes Trade ranks #108 by TVL. The category holds $397.71m across 110 protocols, and Hermes Trade accounts for 0% of that total. Other leading protocols include Polymarket, Rain, and Predict Fun.
How much trading volume does Hermes Trade process?
Hermes Trade processed $113,365.99 in DEX volume over the past 30 days.
