Convert Malawian Kwacha MWK to Hermes Protocol HERMES
1 MWK converts to 1.85 HERMES
About Hermes Protocol
Hermes Protocol is climbing this week. The current price of Hermes Protocol is MWK 0.5398 per HERMES. With a circulating supply of 162,222,632.703 HERMES, it means that Hermes Protocol has a total market cap of MWK 89,379,760.67. The amount of Hermes Protocol traded has risen by MWK 68,502.73 in the last 24 hours, which is a 191.77% increase. Additionally, in the last day, MWK 35,720.73 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is MWK 0.5398 MWK. In other words, to buy 5 Hermes Protocol, it would cost you MWK 2.699 MWK. Inversely, MWK 1.00 MWK would allow you to trade for 1.85 HERMES while MWK 50.00 MWK would convert to 92.63 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 3.92%. Meanwhile, in the last 24 hours, the rate has changed by 4.12%, which means that the highest exchange rate of 1 HERMES to MWK was MWK 0.5523 MWK and the lowest 24 hour value was 1 HERMES for MWK 0.5177 MWK. Last month, 1 HERMES was worth MWK 0.7277 MWK. Today, it's down 25.61%. Looking back a year, Hermes Protocol has changed by MWK 4.13 MWK. That means that in a single year, the value of Hermes Protocol has shrank by 86.94%.
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
MWK to HERMES values from Today at
MWK 0.50 MWK = 0.9263 HERMES |
MWK 1.00 MWK = 1.85 HERMES |
MWK 5.00 MWK = 9.26 HERMES |
MWK 10.00 MWK = 18.53 HERMES |
MWK 50.00 MWK = 92.63 HERMES |
MWK 100.00 MWK = 185.25 HERMES |
MWK 500.00 MWK = 926.27 HERMES |
MWK 1,000.00 MWK = 1,852.53 HERMES |
HERMES to MWK values from Today at 4:36 am
0.5 HERMES = MWK 0.2699 MWK |
1 HERMES = MWK 0.5398 MWK |
5 HERMES = MWK 2.70 MWK |
10 HERMES = MWK 5.40 MWK |
50 HERMES = MWK 26.99 MWK |
100 HERMES = MWK 53.98 MWK |
500 HERMES = MWK 269.90 MWK |
1,000 HERMES = MWK 539.80 MWK |
MWK to HERMES over time
MWK | Today | 24H -193.14% | 1M -137.42% | 1Y -24.21% |
|---|---|---|---|---|
0.5 MWK | 0.9263 HERMES | 0.9657 HERMES | 0.6871 HERMES | 0.1211 HERMES |
1 MWK | 1.85 HERMES | 1.93 HERMES | 1.37 HERMES | 0.2421 HERMES |
5 MWK | 9.26 HERMES | 9.66 HERMES | 6.87 HERMES | 1.21 HERMES |
10 MWK | 18.53 HERMES | 19.31 HERMES | 13.74 HERMES | 2.42 HERMES |
50 MWK | 92.63 HERMES | 96.57 HERMES | 68.71 HERMES | 12.11 HERMES |
100 MWK | 185.25 HERMES | 193.14 HERMES | 137.42 HERMES | 24.21 HERMES |
500 MWK | 926.27 HERMES | 965.72 HERMES | 687.11 HERMES | 121.07 HERMES |
1,000 MWK | 1,852.53 HERMES | 1,931.43 HERMES | 1,374.22 HERMES | 242.13 HERMES |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about MWK 0.5398.
Based on the current rate, you could get 1.85 HERMES for 1 MWK.
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 MWK calculator at the top of this page to convert any amount of HERMES to MWK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 MWK is equivalent to 9.26 HERMES. Inversely, 5 HERMES will cost about MWK 2.70
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, Shita-kiri Suzume, and Landboard. 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.


