Convert Hermes Protocol HERMES to Solomon Islands Dollar SBD

HERMES to SBD: 1 Hermes Protocol converts to SBD 0.001223 SBD as of August 28 at 7:37 PM

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About Hermes Protocol

Hermes Protocol is falling this week. The current price of Hermes Protocol is SBD 0.001223 per HERMES. With a circulating supply of 160,747,099.651 HERMES, it means that Hermes Protocol has a total market cap of SBD 196,563.09. The amount of Hermes Protocol traded has fallen by -SBD 1.93 in the last 24 hours, which is a 7.18% decrease. Additionally, in the last day, SBD 26.88 worth of HERMES has been traded.

The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is SBD 0.001223 SBD. In other words, to buy 5 Hermes Protocol, it would cost you SBD 0.006114 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 817.79 HERMES while SBD 50.00 SBD would convert to 40,889.44 HERMES, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 39.63%. Meanwhile, in the last 24 hours, the rate has changed by 0.34%, and that the highest exchange rate of 1 HERMES to SBD was SBD 0.001231 SBD and the lowest 24 hour value was 1 HERMES for SBD 0.001222 SBD. Last month, 1 HERMES was worth SBD 0.001905 SBD. Today, it's down 35.32%. Looking back a year, Hermes Protocol has changed by SBD 0.01333 SBD. That means that in a single year, the value of Hermes Protocol has shrank by 90.59%.

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.

SBD 0.001223Price
SBD 196.56KMarket cap
SBD 26.88Volume (24h)
160.7M HERMESCir. Supply

Conversion tables

HERMES to SBD values from Today at 7:37 pm

0.5 HERMES = SBD 0.0006114 SBD
1 HERMES = SBD 0.001223 SBD
5 HERMES = SBD 0.006114 SBD
10 HERMES = SBD 0.01223 SBD
50 HERMES = SBD 0.06114 SBD
100 HERMES = SBD 0.1223 SBD
500 HERMES = SBD 0.6114 SBD
1,000 HERMES = SBD 1.22 SBD

SBD to HERMES values from Today at 7:36 pm

SBD 0.50 SBD = 408.89 HERMES
SBD 1.00 SBD = 817.79 HERMES
SBD 5.00 SBD = 4,088.94 HERMES
SBD 10.00 SBD = 8,177.89 HERMES
SBD 50.00 SBD = 40,889.44 HERMES
SBD 100.00 SBD = 81,778.88 HERMES
SBD 500.00 SBD = 408,894.42 HERMES
SBD 1,000.00 SBD = 817,788.83 HERMES

HERMES to SBD over time

HERMES
Today
24H
40.84%
1M
8.10%
1Y
-543.11%
0.5 HERMES
SBD 0.0006114 SBD
SBD 0.0006131 SBD
SBD 0.0009524 SBD
SBD 0.006665 SBD
1 HERMES
SBD 0.001223 SBD
SBD 0.001226 SBD
SBD 0.001905 SBD
SBD 0.01333 SBD
5 HERMES
SBD 0.006114 SBD
SBD 0.006131 SBD
SBD 0.009524 SBD
SBD 0.06665 SBD
10 HERMES
SBD 0.01223 SBD
SBD 0.01226 SBD
SBD 0.01905 SBD
SBD 0.1333 SBD
50 HERMES
SBD 0.06114 SBD
SBD 0.06131 SBD
SBD 0.09524 SBD
SBD 0.6665 SBD
100 HERMES
SBD 0.1223 SBD
SBD 0.1226 SBD
SBD 0.1905 SBD
SBD 1.33 SBD
500 HERMES
SBD 0.6114 SBD
SBD 0.6131 SBD
SBD 0.9524 SBD
SBD 6.67 SBD
1,000 HERMES
SBD 1.22 SBD
SBD 1.23 SBD
SBD 1.90 SBD
SBD 13.33 SBD

Frequently asked questions

Right now, 1 Hermes Protocol is worth about SBD 0.001223.

Based on the current rate, you could get 817.79 HERMES for 1 SBD.

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 SBD calculator at the top of this page to convert any amount of HERMES to SBD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SBD is equivalent to 4,088.94 HERMES. Inversely, 5 HERMES will cost about SBD 0.006114

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 Landboard, SAFE(AnWang), and Styleo Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.

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