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Hermez Network

Hermez Network

Open-source ZK-Rollup optimized for efficient Ethereum token transfers and payments.

Launch Year
2021
Consensus
ZK-Rollup
Max Supply
100,000,000 HEZ
Block Time
~15 minutes (proof generation)
HEZ
HEZ
Hermez Network
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap HEZ Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Hermez Network Price Chart

HEZ / USD
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Data by CryptoCompare

About Hermez Network

Hermez Network was an open-source ZK-Rollup on Ethereum focused on efficient token transfers and payments. Using zero-knowledge proofs, it could process thousands of transactions per second at minimal cost. Hermez was acquired by Polygon in 2021 for $250M and became the foundation of Polygon zkEVM. HEZ was converted to MATIC at a 3.5:1 ratio. HEZ remains tradeable on secondary markets as a historical token.

History

2021
Hermez Network mainnet launched as open-source ZK-Rollup for payments
2021
Polygon acquired Hermez in the first-ever major DeFi M&A deal for $250M in MATIC
2021
HEZ holders offered 3.5 MATIC per HEZ token conversion
2022
Hermez technology became foundation for Polygon zkEVM development

How to Swap HEZ

Swapping Hermez Network (HEZ) on SyntheticSwap requires no registration or KYC. HEZ runs on Polygon, a low-fee Ethereum-compatible chain, supported by MetaMask (Polygon network), Trust Wallet, and Ledger. Open SyntheticSwap, select HEZ as your source or destination, enter your receiving wallet address, and confirm the floating rate. Polygon's fast block times mean your swap settles within seconds — the destination asset is automatically delivered to your wallet without any intermediary.

How to Store HEZ

Store HEZ in MetaMask or any Ethereum-compatible wallet.

Frequently Asked Questions