Hermes Protocol Price Today
Set alertHermes Protocol (HERMES) is trading at $0.0001774, with a market cap of $28.4K and 24-hour trading volume of $8.4.
Market Cap
$28.4K
0.00%Volume (24h)
$8.4
F.D Valuation
$112.8K
Circulating Supply
160.2M
Total Supply (Est.)
635.8M
Max. Supply
∞
Hermes Protocol Information
Official Website
Contract Address
Block Explorers
Main Chain
Platforms
Categories
Source Code
Official Announcements
Hermes Protocol Historical Market
24h Price Range
All-Time High
All-Time Low
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.
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Hermes Protocol Chart
What is Hermes Protocol and how is it performing today?
Market data on this page was last refreshed on .
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 $0.0001774.
This price is currently 99.93% below its all-time high (ATH) of $0.2419,
and 1380.75% above its all-time low (ATL) of $0.00001198.
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 $28,419.00 as of today.
This market cap is calculated by multiplying the current price of Hermes Protocol with the circulating supply.
The circulating supply of Hermes Protocol is 160,238,009 tokens.
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 $8.440.
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. Hermes Protocol is among the more actively traded cryptocurrencies by 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 -99.93%,
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 $0.00001198.
This ATL was reached on 30 Aug 2026, marking the lowest value ever for Hermes Protocol.
Currently, Hermes Protocol is higher than its ATL by 1380.75%,
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 Bybit, Binance, 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.
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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