Convert Tanzanian Shilling TZS to Hermes Protocol HERMES
1 TZS converts to 1.22 HERMES
About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is TZS 0.8177 per HERMES. With a circulating supply of 162,222,632.703 HERMES, it means that Hermes Protocol has a total market cap of TZS 134,980,349.05. The amount of Hermes Protocol traded has fallen by -TZS 2,090.57 in the last 24 hours, which is a 3.96% decrease. Additionally, in the last day, TZS 52,843.61 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is TZS 0.8177 TZS. In other words, to buy 5 Hermes Protocol, it would cost you TZS 4.0886 TZS. Inversely, TZS 1.00 TZS would allow you to trade for 1.22 HERMES while TZS 50.00 TZS would convert to 61.15 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.99%. Meanwhile, in the last 24 hours, the rate has changed by 0.67%, which means that the highest exchange rate of 1 HERMES to TZS was TZS 0.8239 TZS and the lowest 24 hour value was 1 HERMES for TZS 0.8152 TZS. Last month, 1 HERMES was worth TZS 1.07 TZS. Today, it's down 23.93%. Looking back a year, Hermes Protocol has changed by TZS 6.40 TZS. That means that in a single year, the value of Hermes Protocol has shrank by 87.24%.
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
TZS to HERMES values from Today at
TZS 0.50 TZS = 0.6115 HERMES |
TZS 1.00 TZS = 1.22 HERMES |
TZS 5.00 TZS = 6.11 HERMES |
TZS 10.00 TZS = 12.23 HERMES |
TZS 50.00 TZS = 61.15 HERMES |
TZS 100.00 TZS = 122.29 HERMES |
TZS 500.00 TZS = 611.46 HERMES |
TZS 1,000.00 TZS = 1,222.92 HERMES |
HERMES to TZS values from Today at 11:56 am
0.5 HERMES = TZS 0.4089 TZS |
1 HERMES = TZS 0.8177 TZS |
5 HERMES = TZS 4.09 TZS |
10 HERMES = TZS 8.18 TZS |
50 HERMES = TZS 40.89 TZS |
100 HERMES = TZS 81.77 TZS |
500 HERMES = TZS 408.86 TZS |
1,000 HERMES = TZS 817.72 TZS |
TZS to HERMES over time
TZS | Today | 24H -121.59% | 1M -93.29% | 1Y -15.64% |
|---|---|---|---|---|
0.5 TZS | 0.6115 HERMES | 0.608 HERMES | 0.4664 HERMES | 0.07818 HERMES |
1 TZS | 1.22 HERMES | 1.22 HERMES | 0.9329 HERMES | 0.1564 HERMES |
5 TZS | 6.11 HERMES | 6.08 HERMES | 4.66 HERMES | 0.7818 HERMES |
10 TZS | 12.23 HERMES | 12.16 HERMES | 9.33 HERMES | 1.56 HERMES |
50 TZS | 61.15 HERMES | 60.80 HERMES | 46.64 HERMES | 7.82 HERMES |
100 TZS | 122.29 HERMES | 121.59 HERMES | 93.29 HERMES | 15.64 HERMES |
500 TZS | 611.46 HERMES | 607.96 HERMES | 466.43 HERMES | 78.18 HERMES |
1,000 TZS | 1,222.92 HERMES | 1,215.92 HERMES | 932.85 HERMES | 156.35 HERMES |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about TZS 0.8177.
Based on the current rate, you could get 1.22 HERMES for 1 TZS.
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 TZS calculator at the top of this page to convert any amount of HERMES to TZS. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 TZS is equivalent to 6.11 HERMES. Inversely, 5 HERMES will cost about TZS 4.09
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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