$0.000472
+$0.000000(+0.12%)
Market Cap
$45.53K
24h High
$0.000472
24h Low
$0.000471
24h Turnover
$199.19
Total Supply
100.00M
Market Sentiment
Neutral
About Hermes DAO (HMX)
HMX is a decentralized perpetual protocol with a cross-margin and multi-asset collateral support, currently operating on Arbitrum. HMX offers the following unique features to users:1. Leveraged Trading: Users can open up to 1,000x leveraged long or short positions on many asset classes including Crypto, Forex, and Commodities. HMX also accepts various crypto assets as collateral with cross-margin collateral support, allowing for flexible position and risk management strategies, while offering low fees, on par with centralized exchanges.2. Leveraged Market Making (HLP Vault): Users can simply deposit assets into the HLP vault to become market makers on HMX. HLP vault is unique because it is built on top of GMX's GM token. This means that the liquidity deposited into the vault will be used to market make for traders both at GMX AND HMX. Depositors continue to earn 100% of the yields from GMX while also earning additional yields from fees generated on HMX.
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
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