◆ Layer 2 network · HEZUSDT
Hermez Network
Hermez Network was merged into Polygon (zkEVM); the token is legacy.
◆ Live market
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24h
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- Ticker
- HEZUSDT
- Category
- Cryptocurrencies
- Type
- Layer 2 network
- Sector
- Layer 2
- Market-cap rank
- n°682
- Trading hours
- 24/7
What is Hermez Network?
Hermez Network was merged into Polygon (zkEVM); the token is legacy. A Layer 2 is a network built on top of a main blockchain, usually Ethereum. It batches transactions off the main chain (optimistic or zero-knowledge rollups) and posts a summary back to inherit its security.
How Hermez Network works and what gives it value
A Layer 2 token mostly serves governance, sometimes staking or fees. Its value tracks network adoption, Ethereum's health and the pace of token unlocks, which are often large in this segment.
What moves the price of Hermez Network
- ◆Ethereum (ETH) performance
- ◆Network activity and TVL
- ◆Team and investor token unlocks
- ◆Ethereum upgrades lowering rollup costs
- ◆Competition between rollups
Key metrics to watch
- ◆TVL and transaction volume
- ◆Market share among rollups
- ◆Unlock schedule
- ◆Sequencer decentralisation
Risks specific to Hermez Network
- ◆Dilution from unlocks
- ◆Token loosely tied to network revenue
- ◆Bridge technical risk
How to analyse Hermez Network on GraphTrade
Daily for the trend; watch unlock dates alongside. Open the HEZUSDT chart, add the indicators below, compare Hermez Network with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 501–1000.
◆ Indicators suited to Hermez Network
◆ FAQ
What is Hermez Network (HEZUSDT)?
Hermez Network was merged into Polygon (zkEVM); the token is legacy.
Why is Hermez Network going up or down today?
The main drivers are: ethereum (eth) performance, network activity and tvl, team and investor token unlocks, ethereum upgrades lowering rollup costs. The AI Compass cross-references these with today's news.
Which indicators work best on Hermez Network?
Daily for the trend; watch unlock dates alongside.
What are the risks of Hermez Network?
Dilution from unlocks ; Token loosely tied to network revenue ; Bridge technical risk.
What is the market-cap rank of Hermez Network?
Hermez Network was ranked #682 by market cap when this page was generated, in the Layer 2 sector. The live rank appears at the top of the page.
How do I follow Hermez Network in real time?
Open the free GraphTrade chart for HEZUSDT: price updates live every second, with all indicators.
How do I add Hermez Network to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to Hermez Network
Information only, not investment advice.