Logo of Hermes V1Hermes V1(HERMES)Deprecated protocol
Total Value Locked$130,419.26

TVL by Chain

Metis$130,419.26

Key Metrics

DEX Volume 30d$0
DEX Volume 30d by chain

Metis$0

DEX Volume 7d$0

Metis$0

DEX Volume 24h$0

Metis$0

Cumulative DEX Volume$1.013b

Metis$1.013b

$HERMES Liquidity$88,044

Uniswap V3$88,044

Protocol Information

Hermes is the first DEX that allows low cost, near 0 slippage trades on uncorrelated or tightly correlated assets. The protocol incentivizes fees instead of liquidity.

Category:Dexs

Sub Category: ve(3,3)

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Methodology

TVL: Value of the tokens locked in the liquidity pools.View code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHub

Competitors

SushiSwap V3 ($39.78m)SushiSwap ($33.19m)NetSwap ($1.21m)WAGMI ($680,086.65)HyperJump ($194,994.61)Hercules V3 ($177,338.7)Elk ($160,743.32)Tethys AMM ($147,138.78)WOWswap ($35,439.62)Maia CL ($23,609.91)

Frequently Asked Questions

What is Hermes V1?

Hermes is the first DEX that allows low cost, near 0 slippage trades on uncorrelated or tightly correlated assets. The protocol incentivizes fees instead of liquidity.

What is Hermes V1's TVL?

Hermes V1 currently has $130,419.26 in total value locked. TVL has decreased 0.3% over the past 30 days.

What chains does Hermes V1 operate on?

Hermes V1 operates on Metis. Metis holds the largest share at 100%.

How much trading volume does Hermes V1 process?

Hermes V1 processed $0 in DEX volume over the past 30 days.