Hermes Protocol

Total Value Locked$981,506

Chain Breakdown
Metis	$981.51k

Include in TVL (optional)
Staking	$0

USD METIS

Information

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: Dexes

Forked from:Solidly

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Token Information

Methodology

Check the code

Competitors

SushiSwap ($195m)SushiSwap V3 ($37.14m)WAGMI ($15.73m)Hercules V3 ($5.51m)NetSwap ($4.79m)Uniswap V3 ($3.64b)Curve DEX ($2.35b)Uniswap V2 ($2.23b)Raydium ($1.98b)Hyperliquid Spot ($1.86b)