Hermes Protocol Price Today

#4978

$0.001381

2.92%24h
- 0.00004157$
$0.001341 $0.001441
24h Change Range

Market Cap

$321.0K+
2.81%

Volume (24h)

$349.5+

F.D Valuation

744.6K+

Circulating Supply

232.3M+

Total Supply (Est.)

539.0M+

Max. Supply

Hermes Protocol Information

Official Website

hermes.maiadao.io
Hermes Protocol Website

Hermes Protocol (HERMES) Wallet

Contract Address

Block Explorers

Main Chain

Platforms

Categories

Source Code

Official Announcements

medium.com
Hermes Protocol Historical Market

24 Price Range

-

All-Time High

$0.2419 99.43%
10/18/2022 1:02 PM

All-Time Low

$0.00005432 2443.58%
Oct 02 2024
Hermes Protocol Public Notice

Hermes Protocol (HERMES) has recently migrated from their old contract to a new contract. For more information, please visit this post.
According to GoPlus, the contract creator can make changes to the token contract such as disabling sells, changing fees, minting, transferring tokens etc. Exercise caution.

Hermes Protocol Chart

Hermes Protocol Live Market Details and Information

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.

FAQs About Hermes Protocol

The current price of 1 Hermes Protocol in USD is $0.001381. This price is currently -99.43% than its all-time high (ATH) of $0.2419, and 2443.58% than its all-time low (ATL) of $0.00005432.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions, investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Hermes Protocol’s price.

The market capitalization of Hermes Protocol is $320,964.00 as of today.
Hermes Protocol is currently ranked #4978 in the market, and this market cap is calculated by multiplying the current price of Hermes Protocol with the circulating supply.
The circulating supply of Hermes Protocol is 232,291,038, meaning there are 232,291,038 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Hermes Protocol in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Hermes Protocol’s official platforms.

The trading volume of Hermes Protocol today is $349.54. This represents the total value of Hermes Protocol transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token. As of now, Hermes Protocol is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.

The trading volume metric, which plays a vital role in market assessment, reveals the extent of Hermes Protocol's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.

Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Hermes Protocol to make well-informed trading decisions.

The all-time high (ATH) price of Hermes Protocol is $0.2419. This ATH was reached on 18 Oct 2022, marking the highest value ever for Hermes Protocol in the market. Currently, Hermes Protocol is lower than its ATH by -99.43%, reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Hermes Protocol, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.

The all-time low (ATL) price of Hermes Protocol is $0.00005432. This ATL was reached on 02 Oct 2024, marking the lowest value ever for Hermes Protocol. Currently, Hermes Protocol is higher than its ATL by 2443.58%, reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Hermes Protocol, offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.

To buy Hermes Protocol, you can follow these steps:
1. Choose a Cryptocurrency Exchange: Hermes Protocol is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Hermes Protocol against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Hermes Protocol.
4. Place an Order: After funding your account, navigate to the Hermes Protocol trading pair (e.g., Hermes Protocol/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Hermes Protocol in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Hermes Protocol.

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