Hera Finance is a DEX aggregator on Metis Network that attempts to offer the best price swap for users by searching for the best priced route between two tokens across all DEX markets and AMM pools.
Hera directly connects all DEX markets and AMM pools together no matter the provider and will find all direct and 2-hop to 5-hop routes between any two tokens on Metis Network. Not only does Hera DEX aggregator compare the prices between markets on different DEXes but often the best priced routes are not direct markets. Instead, Hera.Finance may finds the best price by routing through an intermediary token, e.g. USDC-WETH-METIS instead of USDC-METIS. This may be due to price inefficiencies and/or volatility in the various markets that Hera.Finance routes through.
Hera DEX aggregator will split users' trade into smaller trade sizes. For example, if user wants to make a 100 USDC-METIS trade, it may distribute the trade into a 30 USDC-METIS trade on Netswap and a 70 USDC-METIS trade on Tethys Finance. The % distribution of the trades is dynamically determined to give the best price. Trade splitting helps get better prices for large size trades and trades with tokens where there is shallow liquidity spread out across a number of DEXes.
$HERA is the governance token of the Hera Finance ecosystem.
