Convert Hermes Protocol HERMES to Qatari Riyal QAR
HERMES to QAR: 1 Hermes Protocol converts to QAR 0.0009824 QAR as of July 18 at 1:08 PM
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is QAR 0.0009824 per HERMES. With a circulating supply of 161,495,321.381 HERMES, it means that Hermes Protocol has a total market cap of QAR 158,478.85. The amount of Hermes Protocol traded has fallen by -QAR 2.87 in the last 24 hours, which is a 77.37% decrease. Additionally, in the last day, QAR 3.71 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is QAR 0.0009824 QAR. In other words, to buy 5 Hermes Protocol, it would cost you QAR 0.0049119 QAR. Inversely, QAR 1.00 QAR would allow you to trade for 1,017.94 HERMES while QAR 50.00 QAR would convert to 50,897.08 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.34%. Meanwhile, in the last 24 hours, the rate has changed by 4.47%, which means that the highest exchange rate of 1 HERMES to QAR was QAR 0.001029 QAR and the lowest 24 hour value was 1 HERMES for QAR 0.0009801 QAR. Last month, 1 HERMES was worth QAR 0.001038 QAR. Today, it's down 5.46%. Looking back a year, Hermes Protocol has changed by QAR 0.007186 QAR. That means that in a single year, the value of Hermes Protocol has shrank by 86.37%.
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.
Conversion tables
HERMES to QAR values from Today at 1:08 pm
0.5 HERMES = QAR 0.0004912 QAR |
1 HERMES = QAR 0.0009824 QAR |
5 HERMES = QAR 0.004912 QAR |
10 HERMES = QAR 0.009824 QAR |
50 HERMES = QAR 0.04912 QAR |
100 HERMES = QAR 0.09824 QAR |
500 HERMES = QAR 0.4912 QAR |
1,000 HERMES = QAR 0.9824 QAR |
QAR to HERMES values from Today at
QAR 0.50 QAR = 508.97 HERMES |
QAR 1.00 QAR = 1,017.94 HERMES |
QAR 5.00 QAR = 5,089.71 HERMES |
QAR 10.00 QAR = 10,179.42 HERMES |
QAR 50.00 QAR = 50,897.08 HERMES |
QAR 100.00 QAR = 101,794.15 HERMES |
QAR 500.00 QAR = 508,970.75 HERMES |
QAR 1,000.00 QAR = 1,017,941.51 HERMES |
HERMES to QAR over time
HERMES | Today | 24H -4.72% | 1M -5.61% | 1Y -631.47% |
|---|---|---|---|---|
0.5 HERMES | QAR 0.0004912 QAR | QAR 0.0005144 QAR | QAR 0.0005188 QAR | QAR 0.003593 QAR |
1 HERMES | QAR 0.0009824 QAR | QAR 0.001029 QAR | QAR 0.001038 QAR | QAR 0.007186 QAR |
5 HERMES | QAR 0.004912 QAR | QAR 0.005144 QAR | QAR 0.005188 QAR | QAR 0.03593 QAR |
10 HERMES | QAR 0.009824 QAR | QAR 0.01029 QAR | QAR 0.01038 QAR | QAR 0.07186 QAR |
50 HERMES | QAR 0.04912 QAR | QAR 0.05144 QAR | QAR 0.05188 QAR | QAR 0.3593 QAR |
100 HERMES | QAR 0.09824 QAR | QAR 0.1029 QAR | QAR 0.1038 QAR | QAR 0.7186 QAR |
500 HERMES | QAR 0.4912 QAR | QAR 0.5144 QAR | QAR 0.5188 QAR | QAR 3.59 QAR |
1,000 HERMES | QAR 0.9824 QAR | QAR 1.03 QAR | QAR 1.04 QAR | QAR 7.19 QAR |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about QAR 0.0009824.
Based on the current rate, you could get 1,017.94 HERMES for 1 QAR.
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 QAR calculator at the top of this page to convert any amount of HERMES to QAR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 QAR is equivalent to 5,089.71 HERMES. Inversely, 5 HERMES will cost about QAR 0.004912
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 Moonwell Apollo, Styleo Coin, and Kanagawa Nami. 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.