Convert Hermes Protocol HERMES to io.net IO
HERMES to IO: 1 Hermes Protocol converts to 0.001886 IO
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About HERMES and IO
Hermes Protocol is climbing, while io.net is falling this week. The current HERMES to IO conversion rate is 0.001886. Inversely, this means that if you convert 1 IO you will get 530.30 HERMES. The conversion rate of HERMES/IO has decreased by 3.31% in the last hour (IO/HERMES increased by 3.31%). In the last 24 hours, HERMES/IO grew by 4.54%, while IO/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.001886 IO. In other words, to buy 5 Hermes Protocol, it would cost you 0.009429 IO. Inversely, 1 IO would allow you to trade for 530.30 HERMES while 50 IO would convert to 26,515.23 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.24%. Meanwhile, in the last 24 hours, the rate has changed by 2.49%, and that the highest exchange rate of 1 HERMES to IO was 0.002085 IO and the lowest 24 hour value was 1 HERMES for 0.001806 IO. Last month, 1 HERMES was worth 0.003491 IO. Today, it's down 85.12%. Looking back a year, Hermes Protocol has changed by 0.004509 IO. That means that in a single year, the value of Hermes Protocol has shrank by 139.09%.
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.
io.net Market Stats
io.net is a decentralized GPU network designed to give computing power to ML applications. Their mission is to unlock fair access to computing power by assembling 1 million + GPUs from independent data centers, crypto miners, and crypto projects such as Filecoin or Render. IO Coin is the native Coin of the IOG Network. IO functions as a payment and proof of stake token for the IOG network.
Conversion tables
HERMES to IO values from Today at 4:53 pm
0.5 HERMES = 0.0009429 IO |
1 HERMES = 0.001886 IO |
5 HERMES = 0.009429 IO |
10 HERMES = 0.01886 IO |
50 HERMES = 0.09429 IO |
100 HERMES = 0.1886 IO |
500 HERMES = 0.9429 IO |
1,000 HERMES = 1.89 IO |
IO to HERMES values from Today at 4:55 pm
0.5 IO = 265.15 HERMES |
1 IO = 530.30 HERMES |
5 IO = 2,651.52 HERMES |
10 IO = 5,303.05 HERMES |
50 IO = 26,515.23 HERMES |
100 IO = 53,030.46 HERMES |
500 IO = 265,152.31 HERMES |
1,000 IO = 530,304.61 HERMES |
HERMES to IO over time
HERMES | Today | 24H 2.49% | 1M -85.12% | 1Y -139.09% |
|---|---|---|---|---|
0.5 HERMES | 0.0009429 IO | 0.0009194 IO | 0.001745 IO | 0.002254 IO |
1 HERMES | 0.001886 IO | 0.001839 IO | 0.003491 IO | 0.004509 IO |
5 HERMES | 0.009429 IO | 0.009194 IO | 0.01745 IO | 0.02254 IO |
10 HERMES | 0.01886 IO | 0.01839 IO | 0.03491 IO | 0.04509 IO |
50 HERMES | 0.09429 IO | 0.09194 IO | 0.1745 IO | 0.2254 IO |
100 HERMES | 0.1886 IO | 0.1839 IO | 0.3491 IO | 0.4509 IO |
500 HERMES | 0.9429 IO | 0.9194 IO | 1.75 IO | 2.25 IO |
1,000 HERMES | 1.89 IO | 1.84 IO | 3.49 IO | 4.51 IO |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.000281.
Based on the current rate, you could get 3,559.09 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 17,795.46 HERMES. Inversely, 5 HERMES will cost about $0.001405
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 JPYC Prepaid, Shield, and BabyCrepe. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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