
HertzFlow
Not enough dataHertzFlow is a decentralized perpetual futures exchange on BSC. It lists perpetual markets on traditional assets such as stocks, commodities or FX alongside crypto.
HertzFlow at a glance
- Launched
- Not verified yet
- Trading fees (base tier)
- (0.04–0.06% per trade) source ↗upper end of the stated 4-6 bps range; no maker/taker distinction; borrow, funding and price impact charged separately
- Maximum leverage
- 500× source ↗'up to 500x leverage'; caps are per market (examples: Normal ~50x on BTC/ETH, Hyper Lev 85x-200x)
- Perp markets
- Listed · includes stocks, commodities or FX source ↗no market count published; the docs list crypto, forex, precious metals, commodities, U.S. indices (SPY, QQQ) and U.S. equities
- Collateral
- USDT on BNB Chain (minimum 10 USDT) source ↗
- KYC
- Not required source ↗onboarding = connect a BNB Chain wallet; no KYC step in the docs
- Restricted regions
- persons located in jurisdictions where derivatives or leveraged trading is restricted or prohibited, persons subject to economic or trade sanctions, any jurisdiction designated as restricted from time to time source ↗Terms 2.2 Restricted Persons; no countries named
- Audits
- BlockSec — not stated; CertiK — not stated source ↗the homepage 'Audited by' section shows the BlockSec and CertiK logos; the docs Audit Report page hosts two report files without naming the auditors
- Incidents
- None found in official sources
- Points program
- Not verified yet
- Referral program
- Yes. Benefit for the referred trader: “Any trader who binds a valid referral code receives a fee discount on position open/close fees. You can see your applied 5% fee discount in the Trading order panel and your trade history.” source ↗FAQ: 'The trader discount is a fixed 5%, regardless of your referrer's Tier.' It does not apply to Hyper Lev, borrow or funding fees
From HertzFlow’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
HertzFlow trend: Not enough data
No metric has enough comparable history on a sufficient base yet. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #61 now · #55 30 days ago · not ranked 90 days ago (among venues reporting that day)
| Metric | 30 days | 90 days | Coverage | Reading |
|---|---|---|---|---|
| Open interest | — | — | 77% | Not enough daily history yet |
| User fees | — | — | 75% | Not enough daily history yet |
| Trading volume | — | — | — | Not enough daily history yet |
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
Activity over time
Open interest · daily
DefiLlama daily open interest · 46 days · 24 Aug 2026 – 08 Oct 2026
Gaps are not joined. The scale starts near the series minimum, not at zero.
User fees · daily
DefiLlama daily user fees, complete UTC days · 45 days · 24 Aug 2026 – 07 Oct 2026
Gaps are not joined. The scale starts near the series minimum, not at zero.
HertzFlow is a permissionless, self-custodial perpetuals exchange on BNB Chain with isolated liquidity pools and multi-market liquidity vaults.
Project description as listed on DefiLlama
HertzFlow: common questions
What is HertzFlow’s open interest?
HertzFlow had $117.85K of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #61 of 91 perp DEXs we track by open interest. That is 0.0% of the combined open interest of the tracked venues.
How much do traders pay in fees on HertzFlow?
Traders paid $37.50K in fees over the last 30 days according to DefiLlama.
Is HertzFlow growing?
Our current reading is “Not enough data”. The reading updates daily and requires sufficient history and a minimum base.
Does HertzFlow have a token?
We have not verified a tradable HertzFlow token. Beware of look-alike tokens using the name.
What are HertzFlow’s trading fees?
(0.04–0.06% per trade) at the base tier, according to HertzFlow’s fee documentation. Higher-volume tiers and promotions can differ.
What is the maximum leverage on HertzFlow?
Up to 500× on some markets, according to HertzFlow’s documentation. Most markets allow less.
Does HertzFlow require KYC?
Not required, based on HertzFlow’s terms and sign-up flow. Access rules can change by country.
Does HertzFlow have a referral program?
Yes. Benefit for the referred trader: “Any trader who binds a valid referral code receives a fee discount on position open/close fees. You can see your applied 5% fee discount in the Trading order panel and your trade history.”.
Sources and capture details
- DefiLlama oi history for listing “hertzflow”, fetched 08 Oct 2026 · 12:18 UTC, SHA-256
0c3d768284714f79… - DefiLlama fees history for listing “hertzflow”, fetched 08 Oct 2026 · 12:18 UTC, SHA-256
f47f082f988f3f34…
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗
