Convert Paxos Standard PAX to Hermes Protocol HERMES
1 PAX converts to 3,504.94 HERMES
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Restrictions apply, see full terms.
About PAX and HERMES
Paxos Standard is climbing, while Hermes Protocol is falling this week. The current PAX to HERMES conversion rate is 3,504.94. Inversely, this means that if you convert 1 HERMES you will get 0.0002853 PAX. The conversion rate of PAX/HERMES has decreased by 0% in the last hour (HERMES/PAX increased by 0%). In the last 24 hours, PAX/HERMES grew by 0.04%, while HERMES/PAX shrunk by the same amount.
The exchange rate of Paxos Standard is increasing. The current value of 1 PAX is 3,504.94 HERMES. In other words, to buy 5 Paxos Standard, it would cost you 17,524.71 HERMES. Inversely, 1 HERMES would allow you to trade for 0.0002853 PAX while 50 HERMES would convert to 0.01427 PAX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.98%. Meanwhile, in the last 24 hours, the rate has changed by 0.04%, which means that the highest exchange rate of 1 PAX to HERMES was 3,513.34 HERMES and the lowest 24 hour value was 1 PAX for 3,503.54 HERMES. Last month, 1 PAX was worth 2,485.49 HERMES. Today, it's up 29.09%. Looking back a year, Paxos Standard has changed by 479.41 HERMES. That means that in a single year, the value of Paxos Standard has grown by 86.32%.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
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
PAX to HERMES values from Today at 6:18 am
0.5 PAX = 1,752.47 HERMES |
1 PAX = 3,504.94 HERMES |
5 PAX = 17,524.71 HERMES |
10 PAX = 35,049.43 HERMES |
50 PAX = 175,247.15 HERMES |
100 PAX = 350,494.29 HERMES |
500 PAX = 1,752,471.45 HERMES |
1,000 PAX = 3,504,942.90 HERMES |
HERMES to PAX values from Today at 6:17 am
0.5 HERMES = 0.0001427 PAX |
1 HERMES = 0.0002853 PAX |
5 HERMES = 0.001427 PAX |
10 HERMES = 0.002853 PAX |
50 HERMES = 0.01427 PAX |
100 HERMES = 0.02853 PAX |
500 HERMES = 0.1427 PAX |
1,000 HERMES = 0.2853 PAX |
PAX to HERMES over time
PAX | Today | 24H 0.04% | 1M 29.09% | 1Y 86.32% |
|---|---|---|---|---|
0.5 PAX | 1,752.47 HERMES | 1,751.77 HERMES | 1,242.75 HERMES | 239.71 HERMES |
1 PAX | 3,504.94 HERMES | 3,503.54 HERMES | 2,485.49 HERMES | 479.41 HERMES |
5 PAX | 17,524.71 HERMES | 17,517.68 HERMES | 12,427.46 HERMES | 2,397.06 HERMES |
10 PAX | 35,049.43 HERMES | 35,035.37 HERMES | 24,854.92 HERMES | 4,794.12 HERMES |
50 PAX | 175,247.15 HERMES | 175,176.85 HERMES | 124,274.61 HERMES | 23,970.62 HERMES |
100 PAX | 350,494.29 HERMES | 350,353.69 HERMES | 248,549.22 HERMES | 47,941.24 HERMES |
500 PAX | 1,752,471.45 HERMES | 1,751,768.46 HERMES | 1,242,746.08 HERMES | 239,706.19 HERMES |
1,000 PAX | 3,504,942.90 HERMES | 3,503,536.92 HERMES | 2,485,492.15 HERMES | 479,412.38 HERMES |
Frequently asked questions
Right now, 1 Paxos Standard is worth about $0.9972.
Based on the current rate, you could get 1.00 PAX for 1 USD.
Paxos Standard price has been on the rise. Since yesterday, the exchange rate of Paxos Standard has increased. Since last month, the exchange rate of Paxos Standard has decreased. Since this time last year, the price of Paxos Standard has decreased.
You can use our PAX to USD calculator at the top of this page to convert any amount of PAX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.01 PAX. Inversely, 5 PAX will cost about $4.99
Paxos Standard is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Paxos Standard.
There are a number of crypto assets that have the a similar or comparable market cap to Paxos Standard, including cat in a dogs world, DFDV tokenized stock (xStock), and Core. For a more robust list of assets to explore, jump to the asset page dedicated to Paxos Standard.
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