Convert Hermes Protocol HERMES to Maldivian Rufiyaa MVR
1 HERMES converts to MVR 0.003868 MVR as of June 30 at 10:30 AM
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is MVR 0.003868 per HERMES. With a circulating supply of 161,959,912.016 HERMES, it means that Hermes Protocol has a total market cap of MVR 625,515.98. The amount of Hermes Protocol traded has risen by MVR 2,015.91 in the last 24 hours, which is a 512.75% increase. Additionally, in the last day, MVR 393.16 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is MVR 0.003868 MVR. In other words, to buy 5 Hermes Protocol, it would cost you MVR 0.01934 MVR. Inversely, MVR 1.00 MVR would allow you to trade for 258.53 HERMES while MVR 50.00 MVR would convert to 12,926.48 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.84%. Meanwhile, in the last 24 hours, the rate has changed by 1.17%, and that the highest exchange rate of 1 HERMES to MVR was MVR 0.004071 MVR and the lowest 24 hour value was 1 HERMES for MVR 0.003697 MVR. Last month, 1 HERMES was worth MVR 0.005692 MVR. Today, it's down 34.73%. Looking back a year, Hermes Protocol has changed by MVR 0.0394 MVR. That means that in a single year, the value of Hermes Protocol has shrank by 90.56%.
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
HERMES to MVR values from Today at 10:30 am
0.5 HERMES = MVR 0.001934 MVR |
1 HERMES = MVR 0.003868 MVR |
5 HERMES = MVR 0.01934 MVR |
10 HERMES = MVR 0.03868 MVR |
50 HERMES = MVR 0.1934 MVR |
100 HERMES = MVR 0.3868 MVR |
500 HERMES = MVR 1.93 MVR |
1,000 HERMES = MVR 3.87 MVR |
MVR to HERMES values from Today at
MVR 0.50 MVR = 129.26 HERMES |
MVR 1.00 MVR = 258.53 HERMES |
MVR 5.00 MVR = 1,292.65 HERMES |
MVR 10.00 MVR = 2,585.30 HERMES |
MVR 50.00 MVR = 12,926.48 HERMES |
MVR 100.00 MVR = 25,852.96 HERMES |
MVR 500.00 MVR = 129,264.80 HERMES |
MVR 1,000.00 MVR = 258,529.60 HERMES |
HERMES to MVR over time
HERMES | Today | 24H 2.55% | 1M -47.15% | 1Y -918.59% |
|---|---|---|---|---|
0.5 HERMES | MVR 0.001934 MVR | MVR 0.001885 MVR | MVR 0.002846 MVR | MVR 0.0197 MVR |
1 HERMES | MVR 0.003868 MVR | MVR 0.003769 MVR | MVR 0.005692 MVR | MVR 0.0394 MVR |
5 HERMES | MVR 0.01934 MVR | MVR 0.01885 MVR | MVR 0.02846 MVR | MVR 0.197 MVR |
10 HERMES | MVR 0.03868 MVR | MVR 0.03769 MVR | MVR 0.05692 MVR | MVR 0.394 MVR |
50 HERMES | MVR 0.1934 MVR | MVR 0.1885 MVR | MVR 0.2846 MVR | MVR 1.97 MVR |
100 HERMES | MVR 0.3868 MVR | MVR 0.3769 MVR | MVR 0.5692 MVR | MVR 3.94 MVR |
500 HERMES | MVR 1.93 MVR | MVR 1.88 MVR | MVR 2.85 MVR | MVR 19.70 MVR |
1,000 HERMES | MVR 3.87 MVR | MVR 3.77 MVR | MVR 5.69 MVR | MVR 39.40 MVR |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about MVR 0.003868.
Based on the current rate, you could get 258.53 HERMES for 1 MVR.
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 MVR calculator at the top of this page to convert any amount of HERMES to MVR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MVR is equivalent to 1,292.65 HERMES. Inversely, 5 HERMES will cost about MVR 0.01934
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 Landboard, Yaku, 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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