Convert Hermes Protocol HERMES to Convex Finance CVX
1 HERMES converts to 0.0002211 CVX
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About HERMES and CVX
Hermes Protocol is falling, while Convex Finance is climbing this week. The current HERMES to CVX conversion rate is 0.0002211. Inversely, this means that if you convert 1 CVX you will get 4,523.28 HERMES. The conversion rate of HERMES/CVX has decreased by 1.48% in the last hour (CVX/HERMES increased by 1.48%). In the last 24 hours, HERMES/CVX shrunk by 1.11%, while CVX/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0002211 CVX. In other words, to buy 5 Hermes Protocol, it would cost you 0.0011054 CVX. Inversely, 1 CVX would allow you to trade for 4,523.28 HERMES while 50 CVX would convert to 226,164.06 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.77%. Meanwhile, in the last 24 hours, the rate has changed by 1.25%, and that the highest exchange rate of 1 HERMES to CVX was 0.0002271 CVX and the lowest 24 hour value was 1 HERMES for 0.0002213 CVX. Last month, 1 HERMES was worth 0.0002417 CVX. Today, it's down 9.34%. Looking back a year, Hermes Protocol has changed by 0.00109 CVX. That means that in a single year, the value of Hermes Protocol has shrank by 392.83%.
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.
Convex Finance Market Stats
CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings.
Conversion tables
HERMES to CVX values from Today at 3:27 am
0.5 HERMES = 0.0001105 CVX |
1 HERMES = 0.0002211 CVX |
5 HERMES = 0.001105 CVX |
10 HERMES = 0.002211 CVX |
50 HERMES = 0.01105 CVX |
100 HERMES = 0.02211 CVX |
500 HERMES = 0.1105 CVX |
1,000 HERMES = 0.2211 CVX |
CVX to HERMES values from Today at 3:28 am
0.5 CVX = 2,261.64 HERMES |
1 CVX = 4,523.28 HERMES |
5 CVX = 22,616.41 HERMES |
10 CVX = 45,232.81 HERMES |
50 CVX = 226,164.06 HERMES |
100 CVX = 452,328.12 HERMES |
500 CVX = 2,261,640.58 HERMES |
1,000 CVX = 4,523,281.16 HERMES |
HERMES to CVX over time
HERMES | Today | 24H -1.25% | 1M -9.34% | 1Y -392.83% |
|---|---|---|---|---|
0.5 HERMES | 0.0001105 CVX | 0.0001119 CVX | 0.0001209 CVX | 0.0005448 CVX |
1 HERMES | 0.0002211 CVX | 0.0002238 CVX | 0.0002417 CVX | 0.00109 CVX |
5 HERMES | 0.001105 CVX | 0.001119 CVX | 0.001209 CVX | 0.005448 CVX |
10 HERMES | 0.002211 CVX | 0.002238 CVX | 0.002417 CVX | 0.0109 CVX |
50 HERMES | 0.01105 CVX | 0.01119 CVX | 0.01209 CVX | 0.05448 CVX |
100 HERMES | 0.02211 CVX | 0.02238 CVX | 0.02417 CVX | 0.109 CVX |
500 HERMES | 0.1105 CVX | 0.1119 CVX | 0.1209 CVX | 0.5448 CVX |
1,000 HERMES | 0.2211 CVX | 0.2238 CVX | 0.2417 CVX | 1.09 CVX |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002431.
Based on the current rate, you could get 4,113.94 HERMES for 1 USD.
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 USD calculator at the top of this page to convert any amount of HERMES to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 20,569.72 HERMES. Inversely, 5 HERMES will cost about $0.001215
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, Kanagawa Nami, and Landboard. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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