Overview
Income Statement for HERMES
Include incomes from Hermes V2

| Q3 2026* | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | |
|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $227.15 | $86.95 | $975.32 | $9.12K | $4.01K | $4.24K | $1.39K |
| Bribes Rewards | $0 | $0 | $0 | $7.05K | $44.62 | $24 | $27 |
| Pool Rewards | $227.15 | $86.95 | $975.32 | $2.08K | $3.96K | $4.22K | $1.36K |
Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $227.15 | $86.95 | $975.32 | $9.12K | $4.01K | $4.24K | $1.39K |
| Bribes Revenue | $0 | $0 | $0 | $7.05K | $44.62 | $24 | $27 |
| Pool Revenue | $227.15 | $86.95 | $975.32 | $2.08K | $3.96K | $4.22K | $1.36K |
Earnings | $227.15 | $86.95 | $975.32 | $9.12K | $4.01K | $4.24K | $1.39K |
Token Holder Net Income | $227.15 | $86.95 | $975.32 | $9.12K | $4.01K | $4.24K | $1.39K |
| Bribes Revenue | $0 | $0 | $0 | $7.05K | $44.62 | $24 | $27 |
| Pool Revenue | $227.15 | $86.95 | $975.32 | $2.08K | $3.96K | $4.22K | $1.36K |
Risks
How much debt can be issued against HERMES as collateral across lending protocols.
Maximum possible exposure to HERMES
$1.483b
$51.63 (max additional borrows against HERMES) + $1.483b (bad debt if HERMES was hacked now)
Morpho V1
$1.483b at-risk exposure = $1.483b bad debt if hacked + $51.63 additional borrowable against HERMES
Methodology and limitations
Showing collateral exposure for HERMES on Base. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for HERMES as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Token Usage
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