What Makes Hercules Metis’ Champion DEX?

Since its primary debut in April, Hercules has quickly risen as Metis’ number one DEX and liquidity layer in terms of liquidity, volume, and TVL. While we remain committed to leading the DeFi charge on Metis, we’d like to take a second to share what has gotten us to where we are today.

Rewards Model

“Show me the incentive and I'll show you the outcome”. Perhaps one of the more popular quotes by Charlie Munger, we believe this statement to be absolutely true, especially in the world of DeFi. This is precisely why we’ve built a protocol that fosters a comprehensive reward mechanic for users. Gone are the days of dangerous APRs to lure users into unsustainable platforms and the lack of innovation from protocols. At Hercules, we’re proud to be able to offer an attractive multi-layer reward model to users while keeping the platform sustainable over the long term. The end result? Allowing users to leverage their assets to make additional yields without sustainability concerns.

Hercules was built with long-term thinking in mind!

Benefits to Protocols/Metis Ecosystem

One crucial aspect pointing to Hercules’ success is the value it brings to protocols. Despite it being commonly known as the top DEX of Metis, Hercules also doubles as the primary liquidity layer for Metis projects. How does this benefit projects on Metis? The answer's simple! By supercharging liquidity for protocols, we’re able to foster a healthy market environment over the long term to offer better trades for users. Furthermore, Hercules gives protocols unparalleled flexibility by giving them options to further boost liquidity and change fees depending on market volatility.

By being the only protocol on Metis to specialized liquidity/market solutions (concentrated liquidity, spNFTs, custom LP incentives, Nitro pools, Dynamic fees) we’re able to offer unmatched flexibility and ample long-term liquidity for projects.

Unique Features

While having a functional protocol that works is one of the first steps to success, staying ahead of the game is what keeps you at the top! By being the only protocol on Metis to offer specialized liquidity/market solutions (concentrated liquidity, spNFTs, custom LP incentives, Nitro pools, and Dynamic fees) We go beyond being a DEX limited to basic capabilities.

Oh yeah, let’s not forget newer features like the recently launched cross-chain swaps and limit orders!

While we pride ourselves on being the best DeFi project on Metis (we’re totally not biased) we still believe the road to improvement is endless. This is why we’re working around the clock to deliver new innovative features that have yet to be seen on Metis!

Activity

If you’re going to be the champion DEX of Metis, you gotta move like it!

Hercules has been one of the few protocols that have stayed consistently active in different campaigns and events over the past few months.

Here’s just a glimpse of a few things we’ve been up to lately.

• Hercules at Blockchain.Rio: Hercules Founder Wilson Duarte had boots on the ground at Blockchain.Rio in Brazil!
• Leading DEX TVL: Hercules remains the top DEX on Metis in both volume, liquidity, and overall TVL.
• Metis Champs: Hercules participates in the Metis Champs Olympics prediction event.
• Metis Ecosystem Roadshow: Hercules collabs with Metis and Algebra for the ecosystem roadshow event.
• Algebra Power-up Campaign: Hercules and Metis join liquidity partners Algebra and Steer for the Algebra Power-up Campaign.Liquidity events for partners
• Alchemix Ignition Campaign: Hercules builds a custom liquidity boost campaign for Alchemix Finance.

Most importantly, YOU

While many believe DeFi flourishes from headlines that highlight stats like volume, TVL, and liquidity, the real-life blood of any DeFi project is YOU, the user! This is why we’ve spent countless hours finding new ways to make improvements to the Hercules platform and above all else, make it more user-friendly! Stay tuned as we continue to improve the platform for a more enjoyable user experience!

Going Forward

The bull market is here…

Hercules WILL remain as the #1 DeFi destination on Metis. The ecosystem has since relied on Hercules since its launch to be the liquidity infrastructure needed for a proper bull run on Metis. And it will continue to be just that as there is no Metis season without the Hercules DEX!

Get ready for Metis season, you’ve earned it.

Let the fireworks begin!