Convert Hermes Protocol HERMES to Bittensor TAO
HERMES to TAO: 1 Hermes Protocol converts to 0.00000129 TAO
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About HERMES and TAO
Hermes Protocol is climbing, while Bittensor is falling this week. The current HERMES to TAO conversion rate is 0.00000129. Inversely, this means that if you convert 1 TAO you will get 775,351.26 HERMES. The conversion rate of HERMES/TAO has decreased by 0.3% in the last hour (TAO/HERMES increased by 0.3%). In the last 24 hours, HERMES/TAO grew by 5.8%, while TAO/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.00000129 TAO. In other words, to buy 5 Hermes Protocol, it would cost you 0.000006449 TAO. Inversely, 1 TAO would allow you to trade for 775,351.26 HERMES while 50 TAO would convert to 38,767,563.12 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.1%. Meanwhile, in the last 24 hours, the rate has changed by 5.63%, and that the highest exchange rate of 1 HERMES to TAO was 0.000001318 TAO and the lowest 24 hour value was 1 HERMES for 0.000001204 TAO. Last month, 1 HERMES was worth 0.000001178 TAO. Today, it's up 8.63%. Looking back a year, Hermes Protocol has changed by 0.000004875 TAO. That means that in a single year, the value of Hermes Protocol has shrank by 277.97%.
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.
Bittensor Market Stats
Bittensor is a decentralized network where computers work together to develop AI. Participants who contribute their compute power or AI models can earn TAO. TAO is the network's native token that rewards mining, validating, and staking.
Conversion tables
HERMES to TAO values from Today at 11:02 am
0.5 HERMES = 0.0000006449 TAO |
1 HERMES = 0.00000129 TAO |
5 HERMES = 0.000006449 TAO |
10 HERMES = 0.0000129 TAO |
50 HERMES = 0.00006449 TAO |
100 HERMES = 0.000129 TAO |
500 HERMES = 0.0006449 TAO |
1,000 HERMES = 0.00129 TAO |
TAO to HERMES values from Today at 11:04 am
0.5 TAO = 387,675.63 HERMES |
1 TAO = 775,351.26 HERMES |
5 TAO = 3,876,756.31 HERMES |
10 TAO = 7,753,512.62 HERMES |
50 TAO = 38,767,563.12 HERMES |
100 TAO = 77,535,126.24 HERMES |
500 TAO = 387,675,631.22 HERMES |
1,000 TAO = 775,351,262.44 HERMES |
HERMES to TAO over time
HERMES | Today | 24H 5.63% | 1M 8.63% | 1Y -277.97% |
|---|---|---|---|---|
0.5 HERMES | 0.0000006449 TAO | 0.0000006085 TAO | 0.0000005892 TAO | 0.000002437 TAO |
1 HERMES | 0.00000129 TAO | 0.000001217 TAO | 0.000001178 TAO | 0.000004875 TAO |
5 HERMES | 0.000006449 TAO | 0.000006085 TAO | 0.000005892 TAO | 0.00002437 TAO |
10 HERMES | 0.0000129 TAO | 0.00001217 TAO | 0.00001178 TAO | 0.00004875 TAO |
50 HERMES | 0.00006449 TAO | 0.00006085 TAO | 0.00005892 TAO | 0.0002437 TAO |
100 HERMES | 0.000129 TAO | 0.0001217 TAO | 0.0001178 TAO | 0.0004875 TAO |
500 HERMES | 0.0006449 TAO | 0.0006085 TAO | 0.0005892 TAO | 0.002437 TAO |
1,000 HERMES | 0.00129 TAO | 0.001217 TAO | 0.001178 TAO | 0.004875 TAO |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002417.
Based on the current rate, you could get 4,137.97 HERMES for 1 USD.
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 20,689.83 HERMES. Inversely, 5 HERMES will cost about $0.001208
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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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.