This paper explores Ovid’s reception of hymnic traditions relating to Hermes in the Cupid–Apollo episode of Metamorphoses Book 1. Ovid’s depiction of Cupid alludes to Hermes in his quarrel with Apollo, as depicted in Alcaeus’ Hymn to Hermes and the Homeric Hymn to Hermes. Ovid’s allusions evoke the hymns’ thematic focus on theft, desire, competition, and divine prerogatives and attributes, themes that are also salient to the Metamorphoses more broadly. After exploring parallels between the Cupid–Apollo episode and the Hermes hymn tradition, I consider how Ovid, having presented a “Mercurial” Cupid, depicts an erotically motivated Mercury in subsequent episodes of Metamorphoses Books 1–2 and Fasti 5.663–92. Finally, the paper compares examples from ancient religion, art, and literature that link Eros/Cupid and Aphrodite/Venus with Hermes/Mercury, and considers ramifications of Ovid’s allusions to the Hermes hymn tradition in the Augustan context, particularly in relation to the princeps’ connections to the divine sphere.