Convert Hermes Protocol HERMES to Galactica.com GNET
HERMES to GNET: 1 Hermes Protocol converts to 0.04561 GNET
About HERMES and GNET
Hermes Protocol is climbing, while Galactica.com is falling this week. The current HERMES to GNET conversion rate is 0.04561. Inversely, this means that if you convert 1 GNET you will get 21.92 HERMES. The conversion rate of HERMES/GNET has decreased by 0.29% in the last hour (GNET/HERMES increased by 0.29%). In the last 24 hours, HERMES/GNET grew by 3.34%, while GNET/HERMES shrunk by 3.23%.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.04561 GNET. In other words, to buy 5 Hermes Protocol, it would cost you 0.22807 GNET. Inversely, 1 GNET would allow you to trade for 21.92 HERMES while 50 GNET would convert to 1,096.17 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.95%. Meanwhile, in the last 24 hours, the rate has changed by 3.41%, and that the highest exchange rate of 1 HERMES to GNET was 0.04572 GNET and the lowest 24 hour value was 1 HERMES for 0.04351 GNET. Last month, 1 HERMES was worth 0.07281 GNET. Today, it's down 37.35%. Looking back a year, Hermes Protocol has changed by 0.0123 GNET. That means that in a single year, the value of Hermes Protocol has grown by 270.82%.
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.
Galactica.com Market Stats
Galactica Network is a Layer 2 blockchain built with the Arbitrum Orbit SDK, designed to provide the core infrastructure for compliant, privacy-preserving identity and reputation in decentralized finance (DeFi), decentralized society (DeSoc), and real-world asset (RWA) applications. Galactica leverages Arbitrum’s secure, scalable L2 architecture while introducing its own identity-centric execution environment - the Identity Virtual Machine (IVM) - purpose-built to power zkKYC, and programmable compliance across chains.
Conversion tables
HERMES to GNET values from Today at 6:09 pm
0.5 HERMES = 0.02281 GNET |
1 HERMES = 0.04561 GNET |
5 HERMES = 0.2281 GNET |
10 HERMES = 0.4561 GNET |
50 HERMES = 2.28 GNET |
100 HERMES = 4.56 GNET |
500 HERMES = 22.81 GNET |
1,000 HERMES = 45.61 GNET |
GNET to HERMES values from Today at 6:07 pm
0.5 GNET = 10.96 HERMES |
1 GNET = 21.92 HERMES |
5 GNET = 109.62 HERMES |
10 GNET = 219.23 HERMES |
50 GNET = 1,096.17 HERMES |
100 GNET = 2,192.34 HERMES |
500 GNET = 10,961.69 HERMES |
1,000 GNET = 21,923.38 HERMES |
HERMES to GNET over time
HERMES | Today | 24H 3.30% | 1M -59.62% | 1Y 73.03% |
|---|---|---|---|---|
0.5 HERMES | 0.02281 GNET | 0.02205 GNET | 0.0364 GNET | 0.00615 GNET |
1 HERMES | 0.04561 GNET | 0.04411 GNET | 0.07281 GNET | 0.0123 GNET |
5 HERMES | 0.2281 GNET | 0.2205 GNET | 0.364 GNET | 0.0615 GNET |
10 HERMES | 0.4561 GNET | 0.4411 GNET | 0.7281 GNET | 0.123 GNET |
50 HERMES | 2.28 GNET | 2.21 GNET | 3.64 GNET | 0.615 GNET |
100 HERMES | 4.56 GNET | 4.41 GNET | 7.28 GNET | 1.23 GNET |
500 HERMES | 22.81 GNET | 22.05 GNET | 36.40 GNET | 6.15 GNET |
1,000 HERMES | 45.61 GNET | 44.11 GNET | 72.81 GNET | 12.30 GNET |
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