Hermes Protocol

Total Value Locked$498,239
Chain Breakdown
Metis$498,239
Include in TVL (optional)
$0
$24,549
$0
USDETH

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

Forked from:Solidly

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Development Activity

(updated at 11/04/25)

Weekly commits: 6
Monthly commits: 6
Weekly developers: 1
Monthly developers: 1

Last commit: 4 days ago (2025-04-11)

Methodology

TVL

Competitors

SushiSwap($95.32m)SushiSwap V3($15.65m)WAGMI($13.55m)NetSwap($2.31m)Hercules V3($1.62m)Elk($563,619)HyperJump($529,083)Tethys AMM($365,104)Sushi Trident($240,612)Hummus AMM($225,866)