Convert Hermes Protocol HERMES to Yemeni Rial YER
HERMES to YER: 1 Hermes Protocol converts to YER 0.0525 YER as of August 23 at 9:56 PM
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About Hermes Protocol
Hermes Protocol is climbing this week. The current price of Hermes Protocol is YER 0.0525 per HERMES. With a circulating supply of 160,837,194.305 HERMES, it means that Hermes Protocol has a total market cap of YER 8,443,167.07. The amount of Hermes Protocol traded has fallen by -YER 8,406 in the last 24 hours, which is a 34.97% decrease. Additionally, in the last day, YER 24,038 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is YER 0.0525 YER. In other words, to buy 5 Hermes Protocol, it would cost you YER 0.26249 YER. Inversely, YER 1 YER would allow you to trade for 19.05 HERMES while YER 50 YER would convert to 952.41 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.63%. Meanwhile, in the last 24 hours, the rate has changed by 24.03%, which means that the highest exchange rate of 1 HERMES to YER was YER 0.05269 YER and the lowest 24 hour value was 1 HERMES for YER 0.04241 YER. Last month, 1 HERMES was worth YER 0.05847 YER. Today, it's down 9.45%. Looking back a year, Hermes Protocol has changed by YER 0.4799 YER. That means that in a single year, the value of Hermes Protocol has shrank by 88.89%.
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
HERMES to YER values from Today at 9:56 pm
0.5 HERMES = YER 0.02625 YER |
1 HERMES = YER 0.0525 YER |
5 HERMES = YER 0.2625 YER |
10 HERMES = YER 0.525 YER |
50 HERMES = YER 2.62 YER |
100 HERMES = YER 5.25 YER |
500 HERMES = YER 26.25 YER |
1,000 HERMES = YER 52.50 YER |
YER to HERMES values from Today at
YER 1 YER = 9.52 HERMES |
YER 1 YER = 19.05 HERMES |
YER 5 YER = 95.24 HERMES |
YER 10 YER = 190.48 HERMES |
YER 50 YER = 952.41 HERMES |
YER 100 YER = 1,904.81 HERMES |
YER 500 YER = 9,524.07 HERMES |
YER 1,000 YER = 19,048.15 HERMES |
HERMES to YER over time
HERMES | Today | 24H 19.21% | 1M -11.38% | 1Y -814.13% |
|---|---|---|---|---|
0.5 HERMES | YER 0.02625 YER | YER 0.02121 YER | YER 0.02924 YER | YER 0.24 YER |
1 HERMES | YER 0.0525 YER | YER 0.04241 YER | YER 0.05847 YER | YER 0.4799 YER |
5 HERMES | YER 0.2625 YER | YER 0.2121 YER | YER 0.2924 YER | YER 2.40 YER |
10 HERMES | YER 0.525 YER | YER 0.4241 YER | YER 0.5847 YER | YER 4.80 YER |
50 HERMES | YER 2.62 YER | YER 2.12 YER | YER 2.92 YER | YER 24.00 YER |
100 HERMES | YER 5.25 YER | YER 4.24 YER | YER 5.85 YER | YER 47.99 YER |
500 HERMES | YER 26.25 YER | YER 21.21 YER | YER 29.24 YER | YER 239.95 YER |
1,000 HERMES | YER 52.50 YER | YER 42.41 YER | YER 58.47 YER | YER 479.90 YER |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about YER 0.0525.
Based on the current rate, you could get 19.05 HERMES for 1 YER.
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 YER calculator at the top of this page to convert any amount of HERMES to YER. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 YER is equivalent to 95.24 HERMES. Inversely, 5 HERMES will cost about YER 0.2625
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 Colizeum, Copycat Finance, and RocketFi. 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.