diff --git a/apps/hermes/Cargo.lock b/apps/hermes/Cargo.lock
index 1673f8ef6f..1c3356ea64 100644
--- a/apps/hermes/Cargo.lock
+++ b/apps/hermes/Cargo.lock
@@ -1796,7 +1796,7 @@ checksum = "2304e00983f87ffb38b55b444b5e3b60a884b5d30c0fca7d82fe33449bbe55ea"
 
 [[package]]
 name = "hermes"
-version = "0.5.9"
+version = "0.5.10"
 dependencies = [
  "anyhow",
  "async-trait",
diff --git a/apps/hermes/Cargo.toml b/apps/hermes/Cargo.toml
index be7b88d0b6..158cf6d914 100644
--- a/apps/hermes/Cargo.toml
+++ b/apps/hermes/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name        = "hermes"
-version     = "0.5.9"
+version     = "0.5.10"
 description = "Hermes is an agent that provides Verified Prices from the Pythnet Pyth Oracle."
 edition     = "2021"
 
diff --git a/apps/hermes/src/api/rest/v2/latest_price_updates.rs b/apps/hermes/src/api/rest/v2/latest_price_updates.rs
index 301272c57d..f5ff341074 100644
--- a/apps/hermes/src/api/rest/v2/latest_price_updates.rs
+++ b/apps/hermes/src/api/rest/v2/latest_price_updates.rs
@@ -50,7 +50,7 @@ pub struct LatestPriceUpdatesQueryParams {
     #[param(example = "e62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43")]
     ids: Vec<PriceIdInput>,
 
-    /// If true, include the parsed price update in the `parsed` field of each returned feed. Default is `hex`.
+    /// Optional encoding type. If true, return the price update in the encoding specified by the encoding parameter. Default is `hex`.
     #[serde(default)]
     encoding: EncodingType,
 
diff --git a/apps/hermes/src/api/rest/v2/sse.rs b/apps/hermes/src/api/rest/v2/sse.rs
index e1d55dde70..782cae3534 100644
--- a/apps/hermes/src/api/rest/v2/sse.rs
+++ b/apps/hermes/src/api/rest/v2/sse.rs
@@ -58,7 +58,7 @@ pub struct StreamPriceUpdatesQueryParams {
     #[param(example = "e62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43")]
     ids: Vec<PriceIdInput>,
 
-    /// If true, include the parsed price update in the `parsed` field of each returned feed. Default is `hex`.
+    /// Optional encoding type. If true, return the price update in the encoding specified by the encoding parameter. Default is `hex`.
     #[serde(default)]
     encoding: EncodingType,
 
diff --git a/apps/hermes/src/api/rest/v2/timestamp_price_updates.rs b/apps/hermes/src/api/rest/v2/timestamp_price_updates.rs
index d6ecaa5d15..618227fc5a 100644
--- a/apps/hermes/src/api/rest/v2/timestamp_price_updates.rs
+++ b/apps/hermes/src/api/rest/v2/timestamp_price_updates.rs
@@ -60,7 +60,7 @@ pub struct TimestampPriceUpdatesQueryParams {
     #[param(example = "e62df6c8b4a85fe1a67db44dc12de5db330f7ac66b72dc658afedf0f4a415b43")]
     ids: Vec<PriceIdInput>,
 
-    /// If true, include the parsed price update in the `parsed` field of each returned feed. Default is `hex`.
+    /// Optional encoding type. If true, return the price update in the encoding specified by the encoding parameter. Default is `hex`.
     #[serde(default)]
     encoding: EncodingType,