Hermez Network (HEZ)

Rank #734

Market snapshot

Price
$3.24
Market cap
$15.2M
24h volume
$54,269.08
Circulating supply
4,700,000
Total supply
100,000,000
Max supply
100,000,000

What is Hermez Network?

Hermez Network is a blockchain solution that aims to improve transaction scalability and privacy on the Ethereum network. It utilizes zero-knowledge proofs and rollups to enable faster and more efficient transactions while maintaining user privacy. By integrating with the Ethereum ecosystem, Hermez Network enhances the overall functionality and usability of decentralized finance (DeFi) applications.

Key information

Symbol
HEZ
CMC rank
#734
Network / platforms

Ethereum

Categories
N/A
Date added
Oct 15, 2020

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Ethereum

    0xeef9f339514298c6a857efcfc1a762af84438dee

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Hermez Network?
Hermez Network is a blockchain solution that enhances the scalability and privacy of transactions on the Ethereum network.
What are the risks associated with transferring Hermez Network (HEZ)?
Digital asset prices can be volatile. Users should verify contract addresses and handle private keys.
How can I verify the acquisition of Hermez Network (HEZ)?
Verify the asset name, network, and contract details before transferring assets.
Where can I find official resources for Hermez Network?
Official resources for Hermez Network can be found on their website at https://hermez.io/.

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