Convert United Arab Emirates Dirham AED to Hermes Protocol HERMES
AED to HERMES: 1 United Arab Emirates Dirham converts to 894.66 HERMES
About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is AED 0.001118 per HERMES. With a circulating supply of 162,486,341.272 HERMES, it means that Hermes Protocol has a total market cap of AED 183,569.59. The amount of Hermes Protocol traded has fallen by -AED 217.91 in the last 24 hours, which is a 43.23% decrease. Additionally, in the last day, AED 504.03 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is AED 0.001118 AED. In other words, to buy 5 Hermes Protocol, it would cost you AED 0.005589 AED. Inversely, AED 1.00 AED would allow you to trade for 894.66 HERMES while AED 50.00 AED would convert to 44,733.18 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.45%. Meanwhile, in the last 24 hours, the rate has changed by 1.8%, and that the highest exchange rate of 1 HERMES to AED was AED 0.00 AED and the lowest 24 hour value was 1 HERMES for AED∞ AED. Last month, 1 HERMES was worth AED 0.00 AED. Today, it's down 25.22%. Looking back a year, Hermes Protocol has changed by AED 0.00 AED. That means that in a single year, the value of Hermes Protocol has shrank by 92.77%.
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
AED to HERMES values from Today at
AED 0.50 AED = 447.33 HERMES |
AED 1.00 AED = 894.66 HERMES |
AED 5.00 AED = 4,473.32 HERMES |
AED 10.00 AED = 8,946.64 HERMES |
AED 50.00 AED = 44,733.18 HERMES |
AED 100.00 AED = 89,466.37 HERMES |
AED 500.00 AED = 447,331.83 HERMES |
AED 1,000.00 AED = 894,663.66 HERMES |
HERMES to AED values from Today at 2:51 am
0.5 HERMES = AED 0.0005589 AED |
1 HERMES = AED 0.001118 AED |
5 HERMES = AED 0.005589 AED |
10 HERMES = AED 0.01118 AED |
50 HERMES = AED 0.05589 AED |
100 HERMES = AED 0.1118 AED |
500 HERMES = AED 0.5589 AED |
1,000 HERMES = AED 1.12 AED |
AED to HERMES over time
AED | Today | 24H -100.00% | 1M -100.00% | 1Y -100.00% |
|---|---|---|---|---|
0.5 AED | 447.33 HERMES | 0.50 HERMES | 0.50 HERMES | 0.50 HERMES |
1 AED | 894.66 HERMES | 1.00 HERMES | 1.00 HERMES | 1.00 HERMES |
5 AED | 4,473.32 HERMES | 5.00 HERMES | 5.00 HERMES | 5.00 HERMES |
10 AED | 8,946.64 HERMES | 10.00 HERMES | 10.00 HERMES | 10.00 HERMES |
50 AED | 44,733.18 HERMES | 50.00 HERMES | 50.00 HERMES | 50.00 HERMES |
100 AED | 89,466.37 HERMES | 100.00 HERMES | 100.00 HERMES | 100.00 HERMES |
500 AED | 447,331.83 HERMES | 500.00 HERMES | 500.00 HERMES | 500.00 HERMES |
1,000 AED | 894,663.66 HERMES | 1,000.00 HERMES | 1,000.00 HERMES | 1,000.00 HERMES |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about AED 0.001118.
Based on the current rate, you could get 894.66 HERMES for 1 AED.
Hermes Protocol price has been declining. Since yesterday, the exchange rate of Hermes Protocol has decreased. Since last month, the exchange rate of Hermes Protocol has decreased. Since this time last year, the price of Hermes Protocol has decreased.
You can use our HERMES to AED calculator at the top of this page to convert any amount of HERMES to AED. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AED is equivalent to 4,473.32 HERMES. Inversely, 5 HERMES will cost about AED 0.005589
Hermes Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Hermes Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Hermes Protocol, including Laika, Shita-kiri Suzume, and Styleo Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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