Hercules September in Review
With September finally over, many in the crypto space have celebrated in hopes that quarter four will bring about a new bullish shift in the crypto markets. While we’re also optimistic about what quarter four has in store for us, we don’t believe protocols should wait until positive sentiment returns to continue their bullish development! No matter if the markets are bullish or not, Hercules remains committed to delivering the best DEX and liquidity layer on Metis L2. Like all months before it, September was loaded with bullish developments from Hercules!
Here’s a recap of some of our favorite accomplishments this month:
- Ranked Top 5 dApps of August: Metis ranks Hercules DEX among the top 5 dApps and is recognized as a top mining rewards recipient.
- OKX Wallet Integration: OKX successfully integrates Hercules for easy access to the DEX from the official OKX wallet.
- Limit Order Escrow Contract Audit: Hercules escrow contract for limit orders gets audited by AstraSec.
- Cross-chain Swap Integration: Hercules incorporates deBridge Finance’s cross-chain solution for cross-chain swaps in the dApp.
- $1 Million in Cumulative Fees: Hercules surpasses $1 million in cumulative trading fees on Metis.
- Hercules x Alchemix Ignition Campaign: Hercules kicks off a huge LP ignition campaign with Alchemix.
- Retro Bridge Lists Hercules: RetroBridge lists Hercules on its dApp explorer.
- Leading DEX TVL: Hercules continues to be the top DEX on Metis in volume, liquidity, and overall TVL.
- Fees Generated: Hercules garnered $151,000 in fees and earned $23,280 in revenue in September. These figures outpaced other DEX options available on Metis.
Conclusion
As Hercules remains at the forefront of DeFi innovation within the Metis ecosystem, setting the standard for what a premier DEX and liquidity layer can achieve remains to be our goal. By consistently pushing the limits and striving to create an unmatched user experience, we are committed to driving growth, fostering a vibrant market, and shaping the future of decentralized finance on Metis.
Here’s to a bullish October!
