Convert Hermes Protocol HERMES to Frax (prev. FXS) FXS
HERMES to FXS: 1 Hermes Protocol converts to 0.0004959 FXS
About HERMES and FXS
Hermes Protocol is falling, while Frax (prev. FXS) is climbing this week. The current HERMES to FXS conversion rate is 0.0004959. Inversely, this means that if you convert 1 FXS you will get 2,016.35 HERMES. The conversion rate of HERMES/FXS has decreased by 0.92% in the last hour (FXS/HERMES increased by 0.92%). In the last 24 hours, HERMES/FXS shrunk by 0.12%, while FXS/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0004959 FXS. In other words, to buy 5 Hermes Protocol, it would cost you 0.0024797 FXS. Inversely, 1 FXS would allow you to trade for 2,016.35 HERMES while 50 FXS would convert to 100,817.46 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 46.56%. Meanwhile, in the last 24 hours, the rate has changed by 0.74%, and that the highest exchange rate of 1 HERMES to FXS was 0.0006785 FXS and the lowest 24 hour value was 1 HERMES for 0.00001002 FXS. Last month, 1 HERMES was worth 0.000946 FXS. Today, it's down 90.75%. Looking back a year, Hermes Protocol has changed by 0.0006185 FXS. That means that in a single year, the value of Hermes Protocol has shrank by 24.71%.
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.
Frax (prev. FXS) Market Stats
Frax (prev. FXS) (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Frax (prev. FXS) has a current supply of 99,681,495.59113361 with 95,514,241.02269961 in circulation. The last known price of Frax (prev. FXS) is 0.39405901 USD and is up 0.31 over the last 24 hours. It is currently trading on 337 active market(s) with $377,981.88 traded over the last 24 hours.
Conversion tables
HERMES to FXS values from Today at 8:13 am
0.5 HERMES = 0.000248 FXS |
1 HERMES = 0.0004959 FXS |
5 HERMES = 0.00248 FXS |
10 HERMES = 0.004959 FXS |
50 HERMES = 0.0248 FXS |
100 HERMES = 0.04959 FXS |
500 HERMES = 0.248 FXS |
1,000 HERMES = 0.4959 FXS |
FXS to HERMES values from Today at 8:13 am
0.5 FXS = 1,008.17 HERMES |
1 FXS = 2,016.35 HERMES |
5 FXS = 10,081.75 HERMES |
10 FXS = 20,163.49 HERMES |
50 FXS = 100,817.46 HERMES |
100 FXS = 201,634.92 HERMES |
500 FXS = 1,008,174.62 HERMES |
1,000 FXS = 2,016,349.24 HERMES |
HERMES to FXS over time
HERMES | Today | 24H -0.74% | 1M -90.75% | 1Y -24.71% |
|---|---|---|---|---|
0.5 HERMES | 0.000248 FXS | 0.0002498 FXS | 0.000473 FXS | 0.0003092 FXS |
1 HERMES | 0.0004959 FXS | 0.0004996 FXS | 0.000946 FXS | 0.0006185 FXS |
5 HERMES | 0.00248 FXS | 0.002498 FXS | 0.00473 FXS | 0.003092 FXS |
10 HERMES | 0.004959 FXS | 0.004996 FXS | 0.00946 FXS | 0.006185 FXS |
50 HERMES | 0.0248 FXS | 0.02498 FXS | 0.0473 FXS | 0.03092 FXS |
100 HERMES | 0.04959 FXS | 0.04996 FXS | 0.0946 FXS | 0.06185 FXS |
500 HERMES | 0.248 FXS | 0.2498 FXS | 0.473 FXS | 0.3092 FXS |
1,000 HERMES | 0.4959 FXS | 0.4996 FXS | 0.946 FXS | 0.6185 FXS |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0001465.
Based on the current rate, you could get 6,825.38 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 34,126.88 HERMES. Inversely, 5 HERMES will cost about $0.0007326
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 Fi - Ai With Daddy Issues, Gains Farm, and NewB.Farm. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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