Hermes Protocol Price (HERMES)
Hermes Protocol Price (HERMES)
1 HERMES to USD Live Price:
Hermes Protocol Price Today
The live Hermes Protocol (HERMES) price today is $ 0.00122164, with a 11.56% change over the past 24 hours. The current HERMES to USD conversion rate is $ 0.00122164 per HERMES.
Hermes Protocol currently ranks #- by market capitalization at $ 222,367, with a circulating supply of 181.66M HERMES. During the last 24 hours, HERMES traded between $ 0.00121765 (low) and $ 0.00138137 (high), reflecting market activity. Its all-time high stands at $ 0.241923, while the all-time low was $ 0.00005432.
In short-term performance, HERMES moved -1.04% in the last hour and -16.10% over the past 7 days. Over the past day, total trading volume reached --.
Hermes Protocol (HERMES) Market Information
The current Market Cap of Hermes Protocol is $ 222.37K, with a 24-hour trading volume of --. The circulating supply of HERMES is 181.66M, with a total supply of 539010497.3997958. Its Fully Diluted Valuation (FDV) is $ 659.81K.
Hermes Protocol Price History USD
-1.04%
-11.56%
-16.10%
-16.10%
Hermes Protocol (HERMES) Price History USD
During today, the price change of Hermes Protocol to USD was $ -0.000159734042124121.
In the past 30 days, the price change of Hermes Protocol to USD was $ -0.0000839960.
In the past 60 days, the price change of Hermes Protocol to USD was $ -0.0002322230.
In the past 90 days, the price change of Hermes Protocol to USD was $ -0.001083966646968382.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.000159734042124121 | -11.56% |
| 30 Days | $ -0.0000839960 | -6.87% |
| 60 Days | $ -0.0002322230 | -19.00% |
| 90 Days | $ -0.001083966646968382 | -47.01% |
Price Prediction for Hermes Protocol
In 2040, the price of Hermes Protocol could potentially see a growth of 0.00%. It could reach a trading price of $ --.
For real-time scenario projections and a more personalized analysis, users can utilize MEXC's Price Prediction Tool and AI Market Insights.
Want to know what price Hermes Protocol will reach in 2025–2026? Visit our Price Prediction page for HERMES price predictions for the years 2025–2026 by clicking Hermes Protocol Price Prediction.
What is Hermes Protocol (HERMES)
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.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Hermes Protocol (HERMES) Resource
People Also Ask: Other Questions About Hermes Protocol
Hermes Protocol (HERMES) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 11-19 17:17:31 | Industry Updates | Yesterday, U.S. Bitcoin spot ETFs saw net outflows of $372.8 million, while Ethereum spot ETFs experienced net outflows of $74.2 million |
| 11-19 12:49:00 | Industry Updates | Crypto market stabilizes temporarily, some altcoins show significant rebounds |
| 11-18 17:44:47 | Industry Updates | Bitcoin contract open interest across the market has fallen by approximately 30% from its peak within the year, with liquidity and speculative intensity declining |
| 11-17 11:15:44 | Industry Updates | Cryptocurrency "Bear Market" Intensifies, Bitcoin Erases Year-to-Date Gains, Ethereum Barely Holds $3,000 |
| 11-17 03:26:00 | Industry Updates | U.S. Ethereum Spot ETFs See Net Outflows of $728.3 Million This Week |
| 11-16 23:43:30 | Industry Updates | Bitcoin's November return this year is temporarily reported at -12.39%, compared to the historical average return of 42.49% |
Explore More about Hermes Protocol
More Cryptocurrencies to Explore
Top cryptocurrencies with market data available on MEXC
HOT
Currently trending cryptocurrencies that are gaining significant market attention
Newly Added
Recently listed cryptocurrencies that are available for trading
Top Gainers
Today's top crypto pumps
Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.