Convert Hermes Protocol HERMES to Tezos XTZ
1 HERMES converts to 0.001188 XTZ
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Restrictions apply, see full terms.
About HERMES and XTZ
Hermes Protocol is falling, while Tezos is climbing this week. The current HERMES to XTZ conversion rate is 0.001188. Inversely, this means that if you convert 1 XTZ you will get 841.84 HERMES. The conversion rate of HERMES/XTZ has decreased by 0.59% in the last hour (XTZ/HERMES increased by 0.59%). In the last 24 hours, HERMES/XTZ shrunk by 0.04%, while XTZ/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.001188 XTZ. In other words, to buy 5 Hermes Protocol, it would cost you 0.005939 XTZ. Inversely, 1 XTZ would allow you to trade for 841.84 HERMES while 50 XTZ would convert to 42,091.86 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.78%. Meanwhile, in the last 24 hours, the rate has changed by 0.09%, which means that the highest exchange rate of 1 HERMES to XTZ was 0.001226 XTZ and the lowest 24 hour value was 1 HERMES for 0.001158 XTZ. Last month, 1 HERMES was worth 0.001054 XTZ. Today, it's up 11.23%. Looking back a year, Hermes Protocol has changed by 0.005564 XTZ. That means that in a single year, the value of Hermes Protocol has shrank by 368.37%.
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.
Tezos Market Stats
Tezos is a cryptocurrency and decentralized computing platform. Its features include proof of stake consensus, formal verification (which lets developers verify the correctness of their code), and the ability to let stakeholders vote on changes to the protocol. Tezos's block creation process is called "baking" — Tezos holders who stake their tokens can receive Tezos tokens as a reward for creating and verifying blocks.
Conversion tables
HERMES to XTZ values from Today at 6:34 pm
0.5 HERMES = 0.0005939 XTZ |
1 HERMES = 0.001188 XTZ |
5 HERMES = 0.005939 XTZ |
10 HERMES = 0.01188 XTZ |
50 HERMES = 0.05939 XTZ |
100 HERMES = 0.1188 XTZ |
500 HERMES = 0.5939 XTZ |
1,000 HERMES = 1.19 XTZ |
XTZ to HERMES values from Today at 6:35 pm
0.5 XTZ = 420.92 HERMES |
1 XTZ = 841.84 HERMES |
5 XTZ = 4,209.19 HERMES |
10 XTZ = 8,418.37 HERMES |
50 XTZ = 42,091.86 HERMES |
100 XTZ = 84,183.73 HERMES |
500 XTZ = 420,918.65 HERMES |
1,000 XTZ = 841,837.30 HERMES |
HERMES to XTZ over time
HERMES | Today | 24H 0.09% | 1M 11.23% | 1Y -368.37% |
|---|---|---|---|---|
0.5 HERMES | 0.0005939 XTZ | 0.0005934 XTZ | 0.0005272 XTZ | 0.002782 XTZ |
1 HERMES | 0.001188 XTZ | 0.001187 XTZ | 0.001054 XTZ | 0.005564 XTZ |
5 HERMES | 0.005939 XTZ | 0.005934 XTZ | 0.005272 XTZ | 0.02782 XTZ |
10 HERMES | 0.01188 XTZ | 0.01187 XTZ | 0.01054 XTZ | 0.05564 XTZ |
50 HERMES | 0.05939 XTZ | 0.05934 XTZ | 0.05272 XTZ | 0.2782 XTZ |
100 HERMES | 0.1188 XTZ | 0.1187 XTZ | 0.1054 XTZ | 0.5564 XTZ |
500 HERMES | 0.5939 XTZ | 0.5934 XTZ | 0.5272 XTZ | 2.78 XTZ |
1,000 HERMES | 1.19 XTZ | 1.19 XTZ | 1.05 XTZ | 5.56 XTZ |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.000296.
Based on the current rate, you could get 3,378.16 HERMES for 1 USD.
Hermes Protocol price has been on the rise. Since yesterday, the exchange rate of Hermes Protocol has increased. 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 16,890.80 HERMES. Inversely, 5 HERMES will cost about $0.00148
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 Laika, Kanagawa Nami, and Landboard. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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