Convert Convex Finance CVX to Hermes Protocol HERMES
CVX to HERMES: 1 Convex Finance converts to 12,443.00 HERMES
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About CVX and HERMES
Convex Finance is falling, while Hermes Protocol is climbing this week. The current CVX to HERMES conversion rate is 12,443.00. Inversely, this means that if you convert 1 HERMES you will get 0.00008037 CVX. The conversion rate of CVX/HERMES has increased by 1.77% in the last hour (HERMES/CVX decreased by 1.77%). In the last 24 hours, CVX/HERMES shrunk by 18.42%, while HERMES/CVX grew by the same amount.
The exchange rate of Convex Finance is decreasing. The current value of 1 CVX is 12,443.00 HERMES. In other words, to buy 5 Convex Finance, it would cost you 62,215.01 HERMES. Inversely, 1 HERMES would allow you to trade for 0.00008037 CVX while 50 HERMES would convert to 0.004018 CVX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.3%. Meanwhile, in the last 24 hours, the rate has changed by 19.03%, and that the highest exchange rate of 1 CVX to HERMES was 15,221.73 HERMES and the lowest 24 hour value was 1 CVX for 12,152.94 HERMES. Last month, 1 CVX was worth 15,416.70 HERMES. Today, it's down 23.9%. Looking back a year, Convex Finance has changed by 1,855.28 HERMES. That means that in a single year, the value of Convex Finance has grown by 85.09%.
Convex Finance Market Stats
CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings.
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
CVX to HERMES values from Today at 1:07 pm
0.5 CVX = 6,221.50 HERMES |
1 CVX = 12,443.00 HERMES |
5 CVX = 62,215.01 HERMES |
10 CVX = 124,430.03 HERMES |
50 CVX = 622,150.13 HERMES |
100 CVX = 1,244,300.26 HERMES |
500 CVX = 6,221,501.30 HERMES |
1,000 CVX = 12,443,002.60 HERMES |
HERMES to CVX values from Today at 1:08 pm
0.5 HERMES = 0.00004018 CVX |
1 HERMES = 0.00008037 CVX |
5 HERMES = 0.0004018 CVX |
10 HERMES = 0.0008037 CVX |
50 HERMES = 0.004018 CVX |
100 HERMES = 0.008037 CVX |
500 HERMES = 0.04018 CVX |
1,000 HERMES = 0.08037 CVX |
CVX to HERMES over time
CVX | Today | 24H -19.03% | 1M -23.90% | 1Y 85.09% |
|---|---|---|---|---|
0.5 CVX | 6,221.50 HERMES | 7,405.72 HERMES | 7,708.35 HERMES | 927.64 HERMES |
1 CVX | 12,443.00 HERMES | 14,811.45 HERMES | 15,416.70 HERMES | 1,855.28 HERMES |
5 CVX | 62,215.01 HERMES | 74,057.24 HERMES | 77,083.51 HERMES | 9,276.39 HERMES |
10 CVX | 124,430.03 HERMES | 148,114.49 HERMES | 154,167.01 HERMES | 18,552.78 HERMES |
50 CVX | 622,150.13 HERMES | 740,572.44 HERMES | 770,835.07 HERMES | 92,763.88 HERMES |
100 CVX | 1,244,300.26 HERMES | 1,481,144.89 HERMES | 1,541,670.15 HERMES | 185,527.77 HERMES |
500 CVX | 6,221,501.30 HERMES | 7,405,724.43 HERMES | 7,708,350.75 HERMES | 927,638.85 HERMES |
1,000 CVX | 12,443,002.60 HERMES | 14,811,448.85 HERMES | 15,416,701.49 HERMES | 1,855,277.70 HERMES |
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