Convert Lao Kip LAK to Hermes Protocol HERMES
LAK to HERMES: 1 Lao Kip converts to 0.3046 HERMES
About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is LAK 3.28 per HERMES. With a circulating supply of 160,747,099.651 HERMES, it means that Hermes Protocol has a total market cap of LAK 527,656,543.69. The amount of Hermes Protocol traded has fallen by -LAK 41,814 in the last 24 hours, which is a 99.27% decrease. Additionally, in the last day, LAK 42,120 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is LAK 3.28 LAK. In other words, to buy 5 Hermes Protocol, it would cost you LAK 16.41 LAK. Inversely, LAK 1 LAK would allow you to trade for 0.3046 HERMES while LAK 50 LAK would convert to 15.23 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.63%. Meanwhile, in the last 24 hours, the rate has changed by 0.78%, and that the highest exchange rate of 1 HERMES to LAK was LAK 3.38 LAK and the lowest 24 hour value was 1 HERMES for LAK 3.32 LAK. Last month, 1 HERMES was worth LAK 5.47 LAK. Today, it's down 38.47%. Looking back a year, Hermes Protocol has changed by LAK 34.28 LAK. That means that in a single year, the value of Hermes Protocol has shrank by 90.57%.
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
LAK to HERMES values from Today at
LAK 1 LAK = 0.1523 HERMES |
LAK 1 LAK = 0.3046 HERMES |
LAK 5 LAK = 1.52 HERMES |
LAK 10 LAK = 3.05 HERMES |
LAK 50 LAK = 15.23 HERMES |
LAK 100 LAK = 30.46 HERMES |
LAK 500 LAK = 152.32 HERMES |
LAK 1,000 LAK = 304.64 HERMES |
HERMES to LAK values from Today at 10:39 pm
0.5 HERMES = LAK 1.64 LAK |
1 HERMES = LAK 3.28 LAK |
5 HERMES = LAK 16.41 LAK |
10 HERMES = LAK 32.83 LAK |
50 HERMES = LAK 164.13 LAK |
100 HERMES = LAK 328.25 LAK |
500 HERMES = LAK 1,641.26 LAK |
1,000 HERMES = LAK 3,282.53 LAK |
LAK to HERMES over time
LAK | Today | 24H -29.56% | 1M -18.29% | 1Y -2.92% |
|---|---|---|---|---|
0.5 LAK | 0.1523 HERMES | 0.1478 HERMES | 0.09145 HERMES | 0.01459 HERMES |
1 LAK | 0.3046 HERMES | 0.2956 HERMES | 0.1829 HERMES | 0.02917 HERMES |
5 LAK | 1.52 HERMES | 1.48 HERMES | 0.9145 HERMES | 0.1459 HERMES |
10 LAK | 3.05 HERMES | 2.96 HERMES | 1.83 HERMES | 0.2917 HERMES |
50 LAK | 15.23 HERMES | 14.78 HERMES | 9.15 HERMES | 1.46 HERMES |
100 LAK | 30.46 HERMES | 29.56 HERMES | 18.29 HERMES | 2.92 HERMES |
500 LAK | 152.32 HERMES | 147.80 HERMES | 91.45 HERMES | 14.59 HERMES |
1,000 LAK | 304.64 HERMES | 295.60 HERMES | 182.91 HERMES | 29.17 HERMES |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about LAK 3.28.
Based on the current rate, you could get 0.3046 HERMES for 1 LAK.
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 LAK calculator at the top of this page to convert any amount of HERMES to LAK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LAK is equivalent to 1.52 HERMES. Inversely, 5 HERMES will cost about LAK 16.41
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 Styleo Coin, Kanagawa Nami, and Grizzly Honey. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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