Convert Hermes Protocol HERMES to British Pound GBP
HERMES to GBP: 1 Hermes Protocol converts to £0.0002088 GBP as of July 16 at 9:17 PM
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is £0.0002088 per HERMES. With a circulating supply of 161,495,321.381 HERMES, it means that Hermes Protocol has a total market cap of £32,985.47. The amount of Hermes Protocol traded has fallen by £0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, £3.33 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is £0.0002088 GBP. In other words, to buy 5 Hermes Protocol, it would cost you £0.0010442 GBP. Inversely, £1.00 GBP would allow you to trade for 4,788.13 HERMES while £50.00 GBP would convert to 239,406.58 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 GBP was £0.0002093 GBP and the lowest 24 hour value was 1 HERMES for £0.0002082 GBP. Last month, 1 HERMES was worth £0.0002321 GBP. Today, it's down 9.71%. Looking back a year, Hermes Protocol has changed by £0.001545 GBP. 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 GBP values from Today at 9:17 pm
0.5 HERMES = £0.0001044 GBP |
1 HERMES = £0.0002088 GBP |
5 HERMES = £0.001044 GBP |
10 HERMES = £0.002088 GBP |
50 HERMES = £0.01044 GBP |
100 HERMES = £0.02088 GBP |
500 HERMES = £0.1044 GBP |
1,000 HERMES = £0.2088 GBP |
GBP to HERMES values from Today at
£0.50 GBP = 2,394.07 HERMES |
£1.00 GBP = 4,788.13 HERMES |
£5.00 GBP = 23,940.66 HERMES |
£10.00 GBP = 47,881.32 HERMES |
£50.00 GBP = 239,406.58 HERMES |
£100.00 GBP = 478,813.16 HERMES |
£500.00 GBP = 2,394,065.82 HERMES |
£1,000.00 GBP = 4,788,131.65 HERMES |
HERMES to GBP over time
HERMES | Today | 24H -0.09% | 1M -11.14% | 1Y -639.82% |
|---|---|---|---|---|
0.5 HERMES | £0.0001044 GBP | £0.0001045 GBP | £0.0001161 GBP | £0.0007726 GBP |
1 HERMES | £0.0002088 GBP | £0.000209 GBP | £0.0002321 GBP | £0.001545 GBP |
5 HERMES | £0.001044 GBP | £0.001045 GBP | £0.001161 GBP | £0.007726 GBP |
10 HERMES | £0.002088 GBP | £0.00209 GBP | £0.002321 GBP | £0.01545 GBP |
50 HERMES | £0.01044 GBP | £0.01045 GBP | £0.01161 GBP | £0.07726 GBP |
100 HERMES | £0.02088 GBP | £0.0209 GBP | £0.02321 GBP | £0.1545 GBP |
500 HERMES | £0.1044 GBP | £0.1045 GBP | £0.1161 GBP | £0.7726 GBP |
1,000 HERMES | £0.2088 GBP | £0.209 GBP | £0.2321 GBP | £1.55 GBP |
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