Logo of Hermetica USDhHermetica USDh
Total Value Locked$1.98m

TVL by Chain

Stacks$1.98m

Key Metrics

Total Raised$1.7m

Oct 16, 2024$1.7mRound: SeedInvestors: Ethos VC, CMS Capital, Sats Ventures, ARCH Venture Partners, UTXO Management, Newman Capital, Kilowatt Capital, Trust Machines, Silvermine

Protocol Information

Hermetica is a synthetic dollar protocol built on Bitcoin.

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Category:Basis Trading

Audits:

Methodology

TVL: Counts the number of USDh tokens on Stacks.View code on GitHub

Competitors

Ethena USDe ($4.605b)Falcon Finance ($1.176b)Solstice ($235.02m)BitFi Basis ($230.54m)Solv Basis Trading ($190.58m)Avant avUSD ($128.71m)Aster USDF ($116.07m)Bitwise USCC ($111.75m)Bitway Earn ($83.2m)Tori Finance ($67.64m)

Frequently Asked Questions

What is Hermetica USDh's TVL?

Hermetica USDh currently has $1.98m in total value locked. TVL has decreased 1.1% over the past 30 days.

What chains does Hermetica USDh operate on?

Hermetica USDh operates on Stacks. Stacks holds the largest share at 100%.

How does Hermetica USDh's TVL compare to similar protocols?

Among Basis Trading protocols tracked by DefiLlama, Hermetica USDh ranks #24 by TVL. The category holds $7.323b across 40 protocols, and Hermetica USDh accounts for <0.1% of that total. Other leading protocols include Ethena USDe, Falcon Finance, Solstice, BitFi Basis, Solv Basis Trading, Avant avUSD, Aster USDF, Bitwise USCC, Bitway Earn, and Tori Finance.