Hermes Protocol (HERMES)
Hermes Protocol (HERMES)
0.01252737 2,131.95 %
Rank # 2814 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 246,443,129.00
Total Supply 539,010,497.40
Max Supply 0.00
  • Ethereum metis-andromeda-0xb27bbeaaca2c00d6258c3118bab6b5b6975161c8
  Week Month Year All Time
High

17-09-2024

0.014958892539
-16.25%

23-08-2024

0.019503705473
-35.77%

02-01-2024

0.100631883174
-87.55%

18-10-2022

₹5,730,800.59
-94.91%
Low

13-12-2024

0.01252737
0.00%

09-09-2024

5.432E-5
22,962.17%

06-07-2024

5.432E-5
22,962.17%

03-10-2024

₹5,628.29
22,574.10%

Hermes Protocol News (Hermes News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Hermes Protocol Chart (Hermes Chart)

Hermes Protocol Price USD (Hermes Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Hermes Protocol Price History (Hermes Price History)
Price Market Cap Volume Date
Coin Hermes Protocol
Comments
Hermes Protocol Price Today (Hermes Price Today)
What is the project about? Hermes DEX main goal is to let users and other decentralized protocols exchange both volatile assets (DAI to WETH for example) and stablecoins (DAI to USDC for example) through it with low fees and low slippage. Unlike exchanges out there that match a buyer and a seller, the behavior of Hermes is different, it uses liquidity pools like Uniswap. To achieve this, Hermes needs liquidity (tokens) which is rewarded by those who provide it. Hermes is non-custodial meaning the Hermes developers do not have access to your tokens. What makes your project unique? Stable coins have become an inherent part of cryptocurrency for a long time but they now come in many different flavors (DAI, TUSD, MIM, BUSD, USDC and so on) which means there is a much bigger need for crypto users to move from a stable coin to another. Centralized exchanges tend to have high fees which are problematic for those trying to move from a stable coin to another. As a result, Hermes Protocol has become the best place to exchange stable coins because of its low fees and low slippage. And Hermes also allows swaps with volatile assets. History of your project. Hermes Protocol officially launched in February 2022 and started emissions in March 2022. What’s next for your project? Introducing Yield and Concentrated Unified Liquidity Omnichain Marketplaces. Hermes V2 will offer multiple defi services compared to V1, while improving capital efficiency and user experience: - Bridge-less omnichain environment, powered with concentrated (Uni V3) and unified liquidity. - Decentralized Uniswap V3 Liquidity Management. - Uniswap V3 Liquidity Incentives. - Refined ve(3,3), becoming a fungible ERC-4626 - Improved UX and UI - Omnichain Yield marketplace What can your token be used for? Hermes token when staked for veHermes allows liquidity providers to take decisions on adding new gauges, boosting gauge yields, voting on token emission, and receive bribes. Also read: Galeon Galeon Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Hermes Protocol (HERMES) is USD 0.01252737
24 Hours, High Price of Hermes Protocol (HERMES) is USD 0.01267691 and Low price of Hermes Protocol (HERMES) is USD 7.666E-5
The total supply of Hermes Protocol (HERMES) is 539010497.3998 and Circulating supply of Hermes Protocol (HERMES) is 246,443,129.00
The trading volume of Hermes Protocol (HERMES) is In the last 24 hours