Logo of Hermetica USDhHermetica USDh

Total Value Locked$1.98m

TVL by Chain

Stacks$1.98m

Key Metrics

Total Raised$1.7m

Oct 16, 2024$1.7mRound: SeedInvestors: Ethos VC, CMS Capital, Sats Ventures, ARCH Venture Partners, UTXO Management, Newman Capital, Kilowatt Capital, Trust Machines, Silvermine

Protocol Information

Hermetica is a synthetic dollar protocol built on Bitcoin.

WebsiteX/Twitter
Category:Basis Trading

Audits:

Methodology

TVL: Counts the number of USDh tokens on Stacks.View code on GitHub

Competitors

Ethena USDe ($4.938b)Falcon Finance ($1.655b)BitFi Basis ($240.9m)Solstice ($211.89m)Solv Basis Trading ($210.24m)Bitwise USCC ($140.83m)Aster USDF ($111.23m)Tori Finance ($74.52m)Axis ($62.04m)ZEROBASE CeDeFi ($61m)

Frequently Asked Questions

What is Hermetica USDh's TVL?

Hermetica USDh currently has $1.98m in total value locked. TVL has increased 0.5% over the past 30 days.

What chains does Hermetica USDh operate on?

Hermetica USDh operates on Stacks. Stacks holds the largest share at 100%.

How does Hermetica USDh's TVL compare to similar protocols?

Among Basis Trading protocols tracked by DefiLlama, Hermetica USDh ranks #24 by TVL. The category holds $8.021b across 39 protocols, and Hermetica USDh accounts for <0.1% of that total. Other leading protocols include Ethena USDe, Falcon Finance, BitFi Basis, Solstice, Solv Basis Trading, Bitwise USCC, Aster USDF, Tori Finance, Axis, and ZEROBASE CeDeFi.