$HEZ

Hermez Network ·
archetype: l1 / chain

$HEZ is still alive, but barely. Supply is fully out and capped — but nobody is building (0 commits in 4 weeks, last commit 2.3 years ago), and holders are leaving (-2 in 30 days, -0.2%) — the profile of a project in decline. The price is down 70% from its all-time high.

31/100
HIGH
−70%
$3.08
2/10 bottom tier
01 · RECLAIM OUTLOOK — WILL THE PRICE COME BACK?
PRICE $3.08 ATH $10.30 (DEC 2021) DRAWDOWN −70.2% RECLAIM 3.3×
break-even from here: +230% $100 held here would need to become $330 just to get back — and 82 out of 100 coins that fall this deep never see their old high again.
02 · STRUCTURE — 6 MEASURED scores 0–100 · peer bins cited vs 2538 scored peers
01 is anyone still building it? structural solvency / liveness 0/100

Nobody appears to be building — a bad sign.

0 commits/4wk0 contributorslast commit 826d ago — development has effectively stopped.
02 are holders staying or leaving? holder conviction & overhead supply 12/100

Holders are leaving.

holders -2/30d · -0.2% · bin 2/10concentration HHI 0.764 · bin 1/10 — holders are leaving — conviction is draining. [L1 / Chain bins, provisional]
03 could you actually sell? liquidity / exitability 21/100

Selling in size would move the price — exits are hard.

$17,862/24h · bin 3/100.05% turnover · bin 2/10 — exit liquidity is thin for its class — selling moves the price.
04 is anyone actually using it? usage / demand 25/100

Barely used.

11 active addresses/day · bin 3/10data lagged 31d · provider tier — usage is draining away. [L1 / Chain bins, provisional]
05 how much more will be printed? supply overhang & emissions 100/100

Little dilution risk left.

Supply fully circulating and capped — no emission overhang.
06 how is it doing vs similar coins? relative strength / narrative 80/100

Outperforming similar coins.

30d +1% · bin 8/10200d -11% · bin 9/10 — outperforming its peer group.
terms used above — hover or tap any:
03 · COMMON QUESTIONS answers generated from this coin’s frozen readout · not advice

Is Hermez Network ($HEZ) dead?

Not dead yet, but core systems are impaired. As of 2026-07-14, Hermez Network scores 31/100 on bagcheck’s structural aliveness scan — IMPAIRED. Core systems are impaired — this looks like a project in decline. Aliveness measures whether the project still works, not whether the price recovers.

Is Hermez Network a good investment?

bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 31/100 (IMPAIRED), a price 70% below its all-time high, a drawdown cohort (down 70-85%) in which historically only ~18% of coins ever reclaimed their high. What you do with that is yours.

Will Hermez Network ($HEZ) recover?

Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 70-85% (3-year window), about 18% reclaimed their all-time high; break-even to ATH from the scan price needs +230%. The IMPAIRED aliveness read says whether the project still works — a precondition for recovery, not a promise of it.

MEMBERS · ENGINE BOTTOM LINE the engine’s verbatim verdict — not rendered publicly
SAME SHELF — L1 / CHAIN all 273 l1 / chain coins →
bagcheck v0.17.1 · snapshot 2026-07-14 v16 · scored monthly · batch of 2026-07-14 · frozen JSON ⇩ sha256 f15c…e9b6 Information, not advice.