Exchange record
Hermes Protocol
Metis decentralized exchange protocol designed for low-cost, low-slippage trading across correlated and uncorrelated assets, with liquidity incentives centered on protocol fees.
DEXActive
Also known as: Hermes DEX, Hermes V1
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Key facts
Launch date
—
Death date
—
Years
—–—
Origin
Metis ecosystem
Confidence
medium
Last verified
2026-07-10
URL handling
Preferred action
Use current URL handling based on status below.
URL status
Live verified
Original URL
Archived URL
Summary
Metis decentralized exchange protocol designed for low-cost, low-slippage trading across correlated and uncorrelated assets, with liquidity incentives centered on protocol fees.
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Notes and record state
Record note
Current first-party Hermes Protocol application endpoint remains reachable as a JavaScript app. DefiLlama independently classifies Hermes Protocol as a Metis DEX, reports current TVL and cumulative DEX volume, and describes low-cost, low-slippage trading design. HEI consolidates the Hermes V1 source row under this entity.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections
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