Convert Lebanese Pound LBP to Hermes Protocol HERMES
LBP to HERMES: 1 Lebanese Pound converts to 0.06309 HERMES
About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is LBP 15.85 per HERMES. With a circulating supply of 160,238,009.059 HERMES, it means that Hermes Protocol has a total market cap of LBP 2,539,760,620.14. The amount of Hermes Protocol traded has fallen by -LBP 671,509 in the last 24 hours, which is a 89.05% decrease. Additionally, in the last day, LBP 754,077 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is LBP 15.85 LBP. In other words, to buy 5 Hermes Protocol, it would cost you LBP 79.25 LBP. Inversely, LBP 1 LBP would allow you to trade for 0.06309 HERMES while LBP 50 LBP would convert to 3.15 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 22.18%. Meanwhile, in the last 24 hours, the rate has changed by 14.41%, which means that the highest exchange rate of 1 HERMES to LBP was LBP 18.57 LBP and the lowest 24 hour value was 1 HERMES for LBP 15.79 LBP. Last month, 1 HERMES was worth LBP 13.35 LBP. Today, it's up 18.89%. Looking back a year, Hermes Protocol has changed by LBP 252.50 LBP. That means that in a single year, the value of Hermes Protocol has shrank by 93.72%.
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
LBP to HERMES values from Today at 3:47 pm
LBP 1 LBP = 0.03155 HERMES |
LBP 1 LBP = 0.06309 HERMES |
LBP 5 LBP = 0.3155 HERMES |
LBP 10 LBP = 0.6309 HERMES |
LBP 50 LBP = 3.15 HERMES |
LBP 100 LBP = 6.31 HERMES |
LBP 500 LBP = 31.55 HERMES |
LBP 1,000 LBP = 63.09 HERMES |
HERMES to LBP values from Today at 3:47 pm
0.5 HERMES = LBP 7.92 LBP |
1 HERMES = LBP 15.85 LBP |
5 HERMES = LBP 79.25 LBP |
10 HERMES = LBP 158.49 LBP |
50 HERMES = LBP 792.47 LBP |
100 HERMES = LBP 1,584.93 LBP |
500 HERMES = LBP 7,924.67 LBP |
1,000 HERMES = LBP 15,849.34 LBP |
LBP to HERMES over time
LBP | Today | 24H -4,863,572.67% | 1M -6,747,935.17% | 1Y -356,599.42% |
|---|---|---|---|---|
0.5 LBP | 0.03155 HERMES | 0.027 HERMES | 0.03746 HERMES | 0.00198 HERMES |
1 LBP | 0.06309 HERMES | 0.054 HERMES | 0.07492 HERMES | 0.00396 HERMES |
5 LBP | 0.3155 HERMES | 0.27 HERMES | 0.3746 HERMES | 0.0198 HERMES |
10 LBP | 0.6309 HERMES | 0.54 HERMES | 0.7492 HERMES | 0.0396 HERMES |
50 LBP | 3.15 HERMES | 2.70 HERMES | 3.75 HERMES | 0.198 HERMES |
100 LBP | 6.31 HERMES | 5.40 HERMES | 7.49 HERMES | 0.396 HERMES |
500 LBP | 31.55 HERMES | 27.00 HERMES | 37.46 HERMES | 1.98 HERMES |
1,000 LBP | 63.09 HERMES | 54.00 HERMES | 74.92 HERMES | 3.96 HERMES |
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