Hermes Protocol

Total Value Locked

Chain Breakdown
Metis	$717,880

Include in TVL (optional)
Staking	$0

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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Methodology

TVL code Volume code

Competitors

SushiSwap ($151.4m)WAGMI ($31.67m)SushiSwap V3 ($29.42m)Hercules V3 ($3.52m)NetSwap ($3.35m)Uniswap V3 ($3.251b)Curve DEX ($1.895b)Uniswap V2 ($1.559b)Raydium AMM ($1.502b)PancakeSwap AMM ($1.275b)