Hermes Protocol HERMES

What HERMES actually is on-chain

Hermes Protocol is an ERC-20 deployed on Arbitrum, at contract address 0x45940000009600102A1c002F0097C4A500fa00AB. That address, not the ticker HERMES, is what uniquely identifies this asset: anyone can deploy a second token calling itself HERMES, but the contract is unforgeable. Verify it against arbiscan.io before sending funds or approving a spend.

Because it lives on Arbitrum, HERMES is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in HERMES itself, and secondary liquidity sits in Camelot and Uniswap pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

2 other assets tracked on this site also use the ticker HERMES: HERMES (Base, 0x3862…4D7b); Hermes AI Investment Fund (BNB Chain, 0x9495…ba37). The asset on this page is specifically the Arbitrum deployment at 0x4594…00AB. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For HERMES the project publishes a public source repository and an active account as @HermesOmnichain. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where HERMES sits in the market

Hermes Protocol ranks #6651, in the deep tail, among assets that are tracked but rarely quoted, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live HERMES order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. HERMES is a Arbitrum asset, so whatever turnover exists is most likely in Camelot and Uniswap pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

HERMES against its all-time high

Hermes Protocol's record high is $0.2419, set on 2022-10-18. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 4 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live HERMES price — a stale or single-pool number would make that percentage look precise when it is not.

HERMES across its historical range

HERMES has traded across a 4,454x range, between $0.00005432 and $0.2419. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.00005432 was printed on 2024-10-02 — roughly 2 years ago. We have no live quote to measure the current distance from it.

HERMES supply and valuation data

At #6651 there is no reliable third-party supply audit for HERMES at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $216 thousand as of 2026-05-12. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one arbiscan.io reports for this contract.

What kind of asset HERMES is

Hermes Protocol trades primarily as an ecosystem asset rather than as a base-layer network of its own, which means it carries a beta to its host chain. When the host chain's native asset rallies, tokens in its ecosystem typically amplify the move in both directions, and liquidity for them is concentrated on that chain's venues.

CoinGecko files HERMES under 1 categories, including Arbitrum Ecosystem. CoinGecko also records deployments on Arbitrum (391 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Hermes Protocol alert that is worth receiving

Hermes Protocol is the ERC-20 at 0x4594…00AB on Arbitrum — high dated 2022-10-18 — rank #6651. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →