Convert Hermes Protocol HERMES to Tezos XTZ

HERMES to XTZ: 1 Hermes Protocol converts to 0.001014 XTZ

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About HERMES and XTZ

Hermes Protocol is climbing, while Tezos is falling this week. The current HERMES to XTZ conversion rate is 0.001014. Inversely, this means that if you convert 1 XTZ you will get 986.36 HERMES. The conversion rate of HERMES/XTZ has decreased by 0.05% in the last hour (XTZ/HERMES increased by 0.05%). In the last 24 hours, HERMES/XTZ grew by 0.74%, while XTZ/HERMES shrunk by the same amount.

The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.001014 XTZ. In other words, to buy 5 Hermes Protocol, it would cost you 0.005069 XTZ. Inversely, 1 XTZ would allow you to trade for 986.36 HERMES while 50 XTZ would convert to 49,318.25 HERMES, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 18.92%. Meanwhile, in the last 24 hours, the rate has changed by 0.99%, and that the highest exchange rate of 1 HERMES to XTZ was 0.001027 XTZ and the lowest 24 hour value was 1 HERMES for 0.0009975 XTZ. Last month, 1 HERMES was worth 0.001158 XTZ. Today, it's down 14.2%. Looking back a year, Hermes Protocol has changed by 0.004211 XTZ. That means that in a single year, the value of Hermes Protocol has shrank by 315.4%.

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.

$0.0001984Price
$31.94KMarket cap
$15.12Volume (24h)
161.1M HERMESCir. Supply

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.

$0.1957Price
$214.69MMarket cap
$5.19MVolume (24h)
1.1B XTZCir. Supply

Conversion tables

HERMES to XTZ values from Today at 1:24 pm

0.5 HERMES = 0.0005069 XTZ
1 HERMES = 0.001014 XTZ
5 HERMES = 0.005069 XTZ
10 HERMES = 0.01014 XTZ
50 HERMES = 0.05069 XTZ
100 HERMES = 0.1014 XTZ
500 HERMES = 0.5069 XTZ
1,000 HERMES = 1.01 XTZ

XTZ to HERMES values from Today at 1:26 pm

0.5 XTZ = 493.18 HERMES
1 XTZ = 986.36 HERMES
5 XTZ = 4,931.82 HERMES
10 XTZ = 9,863.65 HERMES
50 XTZ = 49,318.25 HERMES
100 XTZ = 98,636.50 HERMES
500 XTZ = 493,182.48 HERMES
1,000 XTZ = 986,364.97 HERMES

HERMES to XTZ over time

HERMES
Today
24H
0.99%
1M
-14.20%
1Y
-315.40%
0.5 HERMES
0.0005069 XTZ
0.0005019 XTZ
0.0005789 XTZ
0.002106 XTZ
1 HERMES
0.001014 XTZ
0.001004 XTZ
0.001158 XTZ
0.004211 XTZ
5 HERMES
0.005069 XTZ
0.005019 XTZ
0.005789 XTZ
0.02106 XTZ
10 HERMES
0.01014 XTZ
0.01004 XTZ
0.01158 XTZ
0.04211 XTZ
50 HERMES
0.05069 XTZ
0.05019 XTZ
0.05789 XTZ
0.2106 XTZ
100 HERMES
0.1014 XTZ
0.1004 XTZ
0.1158 XTZ
0.4211 XTZ
500 HERMES
0.5069 XTZ
0.5019 XTZ
0.5789 XTZ
2.11 XTZ
1,000 HERMES
1.01 XTZ
1.00 XTZ
1.16 XTZ
4.21 XTZ

Frequently asked questions

Right now, 1 Hermes Protocol is worth about $0.0001984.

Based on the current rate, you could get 5,041.48 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 25,207.38 HERMES. Inversely, 5 HERMES will cost about $0.0009918

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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