$0.005868
$-0 3.87%
$0.005706 / $0.006327
$1,414.64K 4.31%
$3,162.96K
$4,687
241.07M HERMES
(Not Available)
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3.87%
16.77%
0.06%
47.27%
6315.64%
91.8%
Compare live prices of Hermes Protocol on top exchanges.
| # | Exchange | Pair | Price | Volume (24h) | Trust Score |
|---|---|---|---|---|---|
 Uniswap V3 (Arbitrum One) | 0X45940.../0X82AF4... | $0.005868 | $4,435 | ||
| Uniswap V3 (Arbitrum One) | 0X00000.../0X45940... | $0.005870 | $253 | ||
 Matcha (Arbitrum One) | 0X45940.../0XFEA7A... | $0.006108 | $1 | N/A |
The world of cryptocurrencies is dynamic, and staying informed about your favorite digital assets is crucial. In this detailed market overview, we delve into the intricacies of Hermes Protocol, providing you with key insights into its current standing and recent performance.
The current market price of Hermes Protocol stands at $0.005868. Over the last 24 hours, this digital asset has seen a negative change of 3.87%, bringing the price to a decrease.
The 24-hour trading volume for Hermes Protocol has been notable, reaching $4,687. This significant trading activity indicates the active engagement of market participants in buying and selling Hermes Protocol.
Currently ranked at Rank 3601 in the cryptocurrency market, Hermes Protocol boasts a market capitalization of $1,414.64K.
Explore the price range of Hermes Protocol in the last 24 hours, from a low of $0.005706 to a high of $0.006327. This volatility presents opportunities for traders and investors alike.
The total available supply of Hermes Protocol is 241.07M 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 marketplaceWhat 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.
Arbitrum EcosystemAs of 2025-01-09 16:40:58, the current price of Hermes Protocol is $0.005868.
As of 2025-01-09 16:40:58, the price change in the last 24 hours for Hermes Protocol is $-0, with a percentage change of 3.87%.
As of 2025-01-09 16:40:58, the 24-hour low and high for Hermes Protocol are $0.005706 and $0.006327, respectively.
As of 2025-01-09 16:40:58, the market cap of Hermes Protocol is $1,414.64K.
As of 2025-01-09 16:40:58, the fully diluted market cap of Hermes Protocol is $3,162.96K
As of 2025-01-09 16:40:58, the trading volume (24H) for Hermes Protocol is $4,687.
As of 2025-01-09 16:40:58, the circulating supply of Hermes Protocol is 241.07M HERMES.
As of 2025-01-09 16:40:58, the max supply of Hermes Protocol is (Not Available)
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