Convert Hermes Protocol HERMES to Real BRL
HERMES to BRL: 1 Hermes Protocol converts to R$0.001438 BRL as of July 16 at 9:15 PM
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is R$0.001438 per HERMES. With a circulating supply of 161,495,321.381 HERMES, it means that Hermes Protocol has a total market cap of R$227,051.94. The amount of Hermes Protocol traded has fallen by R$0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, R$22.93 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is R$0.001438 BRL. In other words, to buy 5 Hermes Protocol, it would cost you R$0.007189 BRL. Inversely, R$1.00 BRL would allow you to trade for 695.51 HERMES while R$50.00 BRL would convert to 34,775.29 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.99%. Meanwhile, in the last 24 hours, the rate has changed by 0.51%, which means that the highest exchange rate of 1 HERMES to BRL was R$0.001444 BRL and the lowest 24 hour value was 1 HERMES for R$0.001429 BRL. Last month, 1 HERMES was worth R$0.001591 BRL. Today, it's down 9.71%. Looking back a year, Hermes Protocol has changed by R$0.01152 BRL. That means that in a single year, the value of Hermes Protocol has shrank by 86.43%.
Hermes Protocol Market Stats
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.
Conversion tables
HERMES to BRL values from Today at 9:15 pm
0.5 HERMES = R$0.0007189 BRL |
1 HERMES = R$0.001438 BRL |
5 HERMES = R$0.007189 BRL |
10 HERMES = R$0.01438 BRL |
50 HERMES = R$0.07189 BRL |
100 HERMES = R$0.1438 BRL |
500 HERMES = R$0.7189 BRL |
1,000 HERMES = R$1.44 BRL |
BRL to HERMES values from Today at 9:17 pm
R$0.50 BRL = 347.75 HERMES |
R$1.00 BRL = 695.51 HERMES |
R$5.00 BRL = 3,477.53 HERMES |
R$10.00 BRL = 6,955.06 HERMES |
R$50.00 BRL = 34,775.29 HERMES |
R$100.00 BRL = 69,550.58 HERMES |
R$500.00 BRL = 347,752.88 HERMES |
R$1,000.00 BRL = 695,505.77 HERMES |
HERMES to BRL over time
HERMES | Today | 24H 99.64% | 1M 99.61% | 1Y 97.16% |
|---|---|---|---|---|
0.5 HERMES | R$0.0007189 BRL | R$0.0007204 BRL | R$0.0007956 BRL | R$0.005758 BRL |
1 HERMES | R$0.001438 BRL | R$0.001441 BRL | R$0.001591 BRL | R$0.01152 BRL |
5 HERMES | R$0.007189 BRL | R$0.007204 BRL | R$0.007956 BRL | R$0.05758 BRL |
10 HERMES | R$0.01438 BRL | R$0.01441 BRL | R$0.01591 BRL | R$0.1152 BRL |
50 HERMES | R$0.07189 BRL | R$0.07204 BRL | R$0.07956 BRL | R$0.5758 BRL |
100 HERMES | R$0.1438 BRL | R$0.1441 BRL | R$0.1591 BRL | R$1.15 BRL |
500 HERMES | R$0.7189 BRL | R$0.7204 BRL | R$0.7956 BRL | R$5.76 BRL |
1,000 HERMES | R$1.44 BRL | R$1.44 BRL | R$1.59 BRL | R$11.52 BRL |
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