Total Value Locked$1.87m
TVL by Chain
Stacks$1.87m
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.
Audits:
Methodology
TVL: Counts the number of USDh tokens on Stacks.View code on GitHubCompetitors
Hermetica USDh history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 25, 2025 to Oct 28, 2026.
All-time high TVL: $11.05m on Mar 16, 2026. All-time low TVL: $1.86m on Oct 21, 2026.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| Sep 29, 2026 | $1.98m |
| Sep 30, 2026 | $1.98m |
| Oct 1, 2026 | $1.98m |
| Oct 2, 2026 | $1.98m |
| Oct 3, 2026 | $1.98m |
| Oct 4, 2026 | $1.98m |
| Oct 5, 2026 | $1.98m |
| Oct 6, 2026 | $1.98m |
| Oct 7, 2026 | $1.98m |
| Oct 8, 2026 | $1.98m |
| Oct 9, 2026 | $1.98m |
| Oct 10, 2026 | $1.98m |
| Oct 11, 2026 | $1.98m |
| Oct 12, 2026 | $1.98m |
| Oct 13, 2026 | $1.99m |
| Oct 14, 2026 | $1.98m |
| Oct 15, 2026 | $1.99m |
| Oct 16, 2026 | $1.99m |
| Oct 17, 2026 | $1.99m |
| Oct 18, 2026 | $1.99m |
| Oct 19, 2026 | $1.99m |
| Oct 20, 2026 | $1.99m |
| Oct 21, 2026 | $1.86m |
| Oct 22, 2026 | $1.86m |
| Oct 23, 2026 | $1.86m |
| Oct 24, 2026 | $1.87m |
| Oct 25, 2026 | $1.87m |
| Oct 26, 2026 | $1.9m |
| Oct 27, 2026 | $1.87m |
| Oct 28, 2026 | $1.87m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $4.47m |
| Mar 31, 2025 | $4.49m |
| Apr 30, 2025 | $5m |
| May 31, 2025 | $4.86m |
| Jun 30, 2025 | $4.85m |
| Jul 31, 2025 | $4.99m |
| Aug 31, 2025 | $5.44m |
| Sep 30, 2025 | $5.41m |
| Oct 31, 2025 | $4.48m |
| Nov 30, 2025 | $4.27m |
| Dec 31, 2025 | $5.03m |
| Jan 31, 2026 | $4.52m |
| Feb 28, 2026 | $9.65m |
| Mar 31, 2026 | $9.07m |
| Apr 21, 2026 | $8.53m |
| May 31, 2026 | $9.49m |
| Jun 30, 2026 | $2.46m |
| Jul 31, 2026 | $2m |
| Aug 31, 2026 | $2m |
| Sep 30, 2026 | $1.98m |
| Oct 28, 2026 (latest) | $1.87m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/hermetica-usdh
Frequently asked questions
What is Hermetica USDh's TVL?
As of Oct 28, 2026, Hermetica USDh has $1.87m in total value locked. TVL has decreased 5.5% 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 $7.559b across 41 protocols, and Hermetica USDh accounts for <0.1% of that total. Similar protocols include Ethena USDe, Falcon Finance, BitFi Basis, Solv Basis Trading, Solstice, Aster USDF, Tori Finance, Axis, ZEROBASE CeDeFi, and Unitas USDu.