Convert Ugandan Shilling UGX to Hermes Protocol HERMES
UGX to HERMES: 1 Ugandan Shilling converts to 1.01 HERMES
About Hermes Protocol
Hermes Protocol is climbing this week. The current price of Hermes Protocol is UGX 0.9941 per HERMES. With a circulating supply of 161,495,321.381 HERMES, it means that Hermes Protocol has a total market cap of UGX 160,362,403.65. The amount of Hermes Protocol traded has risen by UGX 9 in the last 24 hours, which is a 0.25% increase. Additionally, in the last day, UGX 3,755 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is UGX 0.9941 UGX. In other words, to buy 5 Hermes Protocol, it would cost you UGX 4.9703 UGX. Inversely, UGX 1 UGX would allow you to trade for 1.01 HERMES while UGX 50 UGX would convert to 50.30 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.75%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, which means that the highest exchange rate of 1 HERMES to UGX was UGX 0.9941 UGX and the lowest 24 hour value was 1 HERMES for UGX 0.9907 UGX. Last month, 1 HERMES was worth UGX 1.04 UGX. Today, it's down 5.46%. Looking back a year, Hermes Protocol has changed by UGX 7.07 UGX. That means that in a single year, the value of Hermes Protocol has shrank by 86.37%.
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
UGX to HERMES values from Today at
UGX 1 UGX = 0.503 HERMES |
UGX 1 UGX = 1.01 HERMES |
UGX 5 UGX = 5.03 HERMES |
UGX 10 UGX = 10.06 HERMES |
UGX 50 UGX = 50.30 HERMES |
UGX 100 UGX = 100.60 HERMES |
UGX 500 UGX = 502.99 HERMES |
UGX 1,000 UGX = 1,005.99 HERMES |
HERMES to UGX values from Today at 10:44 pm
0.5 HERMES = UGX 0.497 UGX |
1 HERMES = UGX 0.9941 UGX |
5 HERMES = UGX 4.97 UGX |
10 HERMES = UGX 9.94 UGX |
50 HERMES = UGX 49.70 UGX |
100 HERMES = UGX 99.41 UGX |
500 HERMES = UGX 497.03 UGX |
1,000 HERMES = UGX 994.05 UGX |
UGX to HERMES over time
UGX | Today | 24H -100.87% | 1M -96.27% | 1Y -14.14% |
|---|---|---|---|---|
0.5 UGX | 0.503 HERMES | 0.5043 HERMES | 0.4813 HERMES | 0.07072 HERMES |
1 UGX | 1.01 HERMES | 1.01 HERMES | 0.9627 HERMES | 0.1414 HERMES |
5 UGX | 5.03 HERMES | 5.04 HERMES | 4.81 HERMES | 0.7072 HERMES |
10 UGX | 10.06 HERMES | 10.09 HERMES | 9.63 HERMES | 1.41 HERMES |
50 UGX | 50.30 HERMES | 50.43 HERMES | 48.13 HERMES | 7.07 HERMES |
100 UGX | 100.60 HERMES | 100.87 HERMES | 96.27 HERMES | 14.14 HERMES |
500 UGX | 502.99 HERMES | 504.35 HERMES | 481.34 HERMES | 70.72 HERMES |
1,000 UGX | 1,005.99 HERMES | 1,008.69 HERMES | 962.69 HERMES | 141.44 HERMES |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about UGX 0.9941.
Based on the current rate, you could get 1.01 HERMES for 1 UGX.
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 UGX calculator at the top of this page to convert any amount of HERMES to UGX. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 UGX is equivalent to 5.03 HERMES. Inversely, 5 HERMES will cost about UGX 4.97
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, Yaku, 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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