Convert Hermes Protocol HERMES to PAX Gold PAXG
HERMES to PAXG: 1 Hermes Protocol converts to 0.00000004513 PAXG
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About HERMES and PAXG
Hermes Protocol is climbing, while PAX Gold is falling this week. The current HERMES to PAXG conversion rate is 0.00000004513. Inversely, this means that if you convert 1 PAXG you will get 22,157,690.07 HERMES. The conversion rate of HERMES/PAXG has decreased by 0.09% in the last hour (PAXG/HERMES increased by 0.09%). In the last 24 hours, HERMES/PAXG grew by 0.61%, while PAXG/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.00000004513 PAXG. In other words, to buy 5 Hermes Protocol, it would cost you 0.00000022566 PAXG. Inversely, 1 PAXG would allow you to trade for 22,157,690.07 HERMES while 50 PAXG would convert to 1,107,884,503.68 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 23.2%. Meanwhile, in the last 24 hours, the rate has changed by 0.44%, and that the highest exchange rate of 1 HERMES to PAXG was 0.00000004542 PAXG and the lowest 24 hour value was 1 HERMES for 0.00000004462 PAXG. Last month, 1 HERMES was worth 0.00000006549 PAXG. Today, it's down 45.11%. Looking back a year, Hermes Protocol has changed by 0.000001069 PAXG. That means that in a single year, the value of Hermes Protocol has shrank by 2,268.37%.
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.
PAX Gold Market Stats
PAXG is a gold-backed stablecoin. Each PAXG token is backed by one fine troy ounce of gold, stored in LBMA vaults in London. PAXG holders own the underlying physical gold, held in custody by Paxos Trust Company.
Conversion tables
HERMES to PAXG values from Today at 1:14 pm
0.5 HERMES = 0.00000002257 PAXG |
1 HERMES = 0.00000004513 PAXG |
5 HERMES = 0.0000002257 PAXG |
10 HERMES = 0.0000004513 PAXG |
50 HERMES = 0.000002257 PAXG |
100 HERMES = 0.000004513 PAXG |
500 HERMES = 0.00002257 PAXG |
1,000 HERMES = 0.00004513 PAXG |
PAXG to HERMES values from Today at 1:15 pm
0.5 PAXG = 11,078,845.04 HERMES |
1 PAXG = 22,157,690.07 HERMES |
5 PAXG = 110,788,450.37 HERMES |
10 PAXG = 221,576,900.74 HERMES |
50 PAXG = 1,107,884,503.68 HERMES |
100 PAXG = 2,215,769,007.37 HERMES |
500 PAXG = 11,078,845,036.84 HERMES |
1,000 PAXG = 22,157,690,073.67 HERMES |
HERMES to PAXG over time
HERMES | Today | 24H 0.44% | 1M -45.11% | 1Y -2,268.37% |
|---|---|---|---|---|
0.5 HERMES | 0.00000002257 PAXG | 0.00000002247 PAXG | 0.00000003275 PAXG | 0.0000005344 PAXG |
1 HERMES | 0.00000004513 PAXG | 0.00000004493 PAXG | 0.00000006549 PAXG | 0.000001069 PAXG |
5 HERMES | 0.0000002257 PAXG | 0.0000002247 PAXG | 0.0000003275 PAXG | 0.000005344 PAXG |
10 HERMES | 0.0000004513 PAXG | 0.0000004493 PAXG | 0.0000006549 PAXG | 0.00001069 PAXG |
50 HERMES | 0.000002257 PAXG | 0.000002247 PAXG | 0.000003275 PAXG | 0.00005344 PAXG |
100 HERMES | 0.000004513 PAXG | 0.000004493 PAXG | 0.000006549 PAXG | 0.0001069 PAXG |
500 HERMES | 0.00002257 PAXG | 0.00002247 PAXG | 0.00003275 PAXG | 0.0005344 PAXG |
1,000 HERMES | 0.00004513 PAXG | 0.00004493 PAXG | 0.00006549 PAXG | 0.001069 PAXG |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.000198.
Based on the current rate, you could get 5,050.77 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 25,253.84 HERMES. Inversely, 5 HERMES will cost about $0.0009899
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, Kanagawa Nami, 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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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.