Hercules 2024 in Review

Last year was one of the most exciting years in crypto. 2024 was a special year where we saw the transition from the previous bear market to the current bull market. Furthermore, we saw the emergence of various narratives, innovations, and ideas come to fruition. 2024 has also proved to be a big year for Metis with the launch of its highly anticipated decentralized sequencer. Also transformative to the ecosystem was the launch of the Hercules, the premier DEX and deep liquidity infrastructure of Metis!

Today we’d like to highlight some of our proudest achievements of 2024!

Enjoy!

2024 Hercules Highlights:

General

• Hercules Wins Metis Grant: In August Hercules utilized its Metis grant by adding an extra 3,000 Metis ($90,000) in incentives for select pools.
• Hercules at Blockchain.Rio: In July, Hercules Founder Wilson Duarte attended Blockchain.Rio in Brazil!
• Hercules x DeFi Kingdoms Visage Skin Releases: In October, Hercules x DeFi Kingdoms visage skin was released. This exclusive skin was the only one in the game that changes a player’s appearance while also giving a $5,000 LP share to those who possess it.
• Hercules x Alchemix Ignition Campaign: In September Hercules kicked off a huge LP ignition campaign with Alchemix that resulted in 45,000+ impressions on X and supercharged liquidity across their pools.

Integrations

• Hercules Launches Winks: In November, Hercules launched its “winks” feature which allows users to trade on the Hercules DEX straight from Twitter.
• Cross-chain Swap Integration: In September, Hercules incorporated deBridge Finance’s cross-chain solution to allow users to cross-chain swap assets within the Hercules DEX.
• OKX Wallet Integration: In September, OKX successfully integrated Hercules for easy access to the DEX from the official OKX wallet.
• First to market Limit Orders: In August, Hercules became the first project in Metis history to launch limit orders on a DEX.

Hercules DEX Metrics

• Leading DEX TVL: Since its inception, Hercules has ranked as the number DEX in both TVL and volume consistently.
• $1.93 Million In Fees: Hercules generated over $1.93 million cumulatively in fees since its launch.
• $297k In Revenue: Hercules generated $297,000 cumulatively in protocol revenue.
• 672k In Volume: Hercules generated 672k cumulatively in volume.

Conclusion

As 2025 begins to roll out, Hercules has positioned itself perfectly to capture the DeFi activity on Metis thanks to its lead as the primary DEX and liquidity layer of the ecosystem. This means more integrations, more partnerships, more campaigns, and more volume on the DEX!

We’d also like to give a huge thanks to everyone who made our debut year full of excitement, growth, and prosperity!

Here’s to an amazingly bullish 2025!