Convert Hermes Protocol HERMES to Tezos XTZ
HERMES to XTZ: 1 Hermes Protocol converts to 0.001024 XTZ
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About HERMES and XTZ
Hermes Protocol is climbing, while Tezos is falling this week. The current HERMES to XTZ conversion rate is 0.001024. Inversely, this means that if you convert 1 XTZ you will get 976.31 HERMES. The conversion rate of HERMES/XTZ has increased by 1.87% in the last hour (XTZ/HERMES decreased by 1.87%). In the last 24 hours, HERMES/XTZ grew by 1.24%, while XTZ/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.001024 XTZ. In other words, to buy 5 Hermes Protocol, it would cost you 0.005121 XTZ. Inversely, 1 XTZ would allow you to trade for 976.31 HERMES while 50 XTZ would convert to 48,815.66 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.4%. Meanwhile, in the last 24 hours, the rate has changed by 0.87%, and that the highest exchange rate of 1 HERMES to XTZ was 0.001035 XTZ and the lowest 24 hour value was 1 HERMES for 0.001002 XTZ. Last month, 1 HERMES was worth 0.001153 XTZ. Today, it's down 12.59%. Looking back a year, Hermes Protocol has changed by 0.004211 XTZ. That means that in a single year, the value of Hermes Protocol has shrank by 311.17%.
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.
Tezos Market Stats
Tezos is a cryptocurrency and decentralized computing platform. Its features include proof of stake consensus, formal verification (which lets developers verify the correctness of their code), and the ability to let stakeholders vote on changes to the protocol. Tezos's block creation process is called "baking" — Tezos holders who stake their tokens can receive Tezos tokens as a reward for creating and verifying blocks.
Conversion tables
HERMES to XTZ values from Today at 10:21 pm
0.5 HERMES = 0.0005121 XTZ |
1 HERMES = 0.001024 XTZ |
5 HERMES = 0.005121 XTZ |
10 HERMES = 0.01024 XTZ |
50 HERMES = 0.05121 XTZ |
100 HERMES = 0.1024 XTZ |
500 HERMES = 0.5121 XTZ |
1,000 HERMES = 1.02 XTZ |
XTZ to HERMES values from Today at 10:22 pm
0.5 XTZ = 488.16 HERMES |
1 XTZ = 976.31 HERMES |
5 XTZ = 4,881.57 HERMES |
10 XTZ = 9,763.13 HERMES |
50 XTZ = 48,815.66 HERMES |
100 XTZ = 97,631.33 HERMES |
500 XTZ = 488,156.64 HERMES |
1,000 XTZ = 976,313.28 HERMES |
HERMES to XTZ over time
HERMES | Today | 24H 0.87% | 1M -12.59% | 1Y -311.17% |
|---|---|---|---|---|
0.5 HERMES | 0.0005121 XTZ | 0.0005077 XTZ | 0.0005766 XTZ | 0.002106 XTZ |
1 HERMES | 0.001024 XTZ | 0.001015 XTZ | 0.001153 XTZ | 0.004211 XTZ |
5 HERMES | 0.005121 XTZ | 0.005077 XTZ | 0.005766 XTZ | 0.02106 XTZ |
10 HERMES | 0.01024 XTZ | 0.01015 XTZ | 0.01153 XTZ | 0.04211 XTZ |
50 HERMES | 0.05121 XTZ | 0.05077 XTZ | 0.05766 XTZ | 0.2106 XTZ |
100 HERMES | 0.1024 XTZ | 0.1015 XTZ | 0.1153 XTZ | 0.4211 XTZ |
500 HERMES | 0.5121 XTZ | 0.5077 XTZ | 0.5766 XTZ | 2.11 XTZ |
1,000 HERMES | 1.02 XTZ | 1.02 XTZ | 1.15 XTZ | 4.21 XTZ |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about CA$0.0002765.
Based on the current rate, you could get 3,616.67 HERMES for 1 CAD.
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 CAD calculator at the top of this page to convert any amount of HERMES to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 18,083.37 HERMES. Inversely, 5 HERMES will cost about CA$0.001382
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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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.