en
Hermez Network

Hermez Network

HEZ

10.54 %(1Y)

$3.06

Price chart

Statistics

Price change (24h):

0.16%

High (24h):

$3.09

Low (24h):

$3.06

Volume (24h):

$21.17K

Market Cap:

$33.84M

All Time High:

70.29% $10.30

Dec 26, 2021

All Time Low:

246% $0.88

Sep 2, 2025

About Hermez Network

Hermez Network (HEZ) is a cryptocurrency launched in 2020. Operating as a decentralized zero-knowledge rollup, the protocol prioritizes scalable payments and token transfers on Ethereum.

The protocol addresses Ethereum’s persistent capacity constraints by offloading transaction execution to a dedicated rollup layer. It compresses hundreds of transfers into a single succinct validity proof, which slashes gas costs and accelerates settlement finality for ERC-20 tokens. Because the network inherits the security guarantees of the underlying chain, users preserve self-custody while benefiting from dramatically reduced fees.

Hermez Network operates on the Ethereum network. Its infrastructure is anchored by a zero-knowledge rollup architecture that batches off-chain transactions and submits a single succinct proof to the L1. Validity proofs ensure that every state transition is cryptographically verified without revealing the underlying data.

The HEZ token adheres to the ERC-20 standard, ensuring compatibility with the vast Ethereum decentralized finance ecosystem. Smart contract interactions are auditable on multiple block explorers, while the codebase remains publicly accessible on GitHub under the Hermez network repository. The network’s core smart contracts have been live on Ethereum mainnet since October 2020, with transaction histories readily verifiable through Etherscan.

The project originated in 2020 with a clear focus on Ethereum scalability at a time when layer-2 experimentation was intensifying. The initial token launch occurred in October of that year, positioning Hermez as an early adopter of zk-rollup technology for payments. The network would later merge into the Polygon ecosystem, granting it deeper access to infrastructure, research, and cross-chain liquidity networks.

The overarching aim is to furnish Ethereum with a transaction infrastructure capable of rivaling traditional payment networks in throughput, while retaining the trust-minimized properties of a decentralized ledger. By minimizing the on-chain footprint, the protocol seeks to make micropayments and high-frequency token movements economically viable without sacrificing censorship resistance. The privacy afforded by zero-knowledge proofs also aligns with the vision of confidential yet auditable financial flows.

HEZ functions as the native utility asset for fee settlements and potential governance mechanisms within the rollup’s ecosystem. The token is designed to be integrated into the fee market, enabling users to pay for transaction inclusion while incentivizing the operators who generate the validity proofs. Over time, holders may be granted influence over protocol parameters, such as fee structures and smart contract upgrades, aligning decentralization incentives.

Users transacting on the Hermez rollup settle fees in HEZ, directly linking protocol usage to token demand. Liquidity providers who facilitate fast exits or bridge services can hold the token to interact with fee-sharing mechanisms embedded in the smart contracts. This utility creates a cyclical economy where the native asset’s velocity is tied to network activity rather than speculative trading alone.

Hermez Network has a maximum supply of 11,078,525.04 tokens. Currently, 11,065,762.52 are in circulation. With a market capitalization of $36,316,799, Hermez Network ranks #587 among all cryptocurrencies.

Hermez Network Historical Price Data

Date Open Close High Low
$3.08 $3.07 $3.08 $3.06
$3.08 $3.08 $3.10 $3.06
$3.08 $3.08 $3.09 $3.05
$3.10 $3.08 $3.10 $3.06
$3.06 $3.10 $3.10 $3.06
$3.05 $3.06 $3.08 $3.04
$3.02 $3.05 $3.06 $3.00
$3.02 $3.01 $3.03 $2.99
Why is manual trading Hermez Network a bad idea?
Manual hez trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • AI trades 24/7 automatically Catch every opportunity

  • Zero-emotion algorithm Disciplined strategy

  • Passive income Set & forget automation

20,000+

traders trusted Stoic AI

$200M+

in cumulative assets under management since inception

2015

year of company foundation

Try Automated HEZ Trading

FAQ

  • Hermez Network (HEZ) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live HEZ price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of Hermez Network (HEZ) is $3.06. Over the last 24 hours, it has moved -0.16%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy Hermez Network on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your HEZ investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Hermez Network's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - HEZ can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
  • We can’t provide investment advice. Whether Hermez Network is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. HEZ can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

Disclaimer:

This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.

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