Convert Solomon Islands Dollar SBD to Hermes Protocol HERMES
SBD to HERMES: 1 Solomon Islands Dollar converts to 699.72 HERMES
Hermes Protocol (HERMES) is not tradable on Coinbase.
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is SBD 0.001429 per HERMES. With a circulating supply of 160,238,009.059 HERMES, it means that Hermes Protocol has a total market cap of SBD 228,999.85. The amount of Hermes Protocol traded has fallen by SBD 0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, SBD 0.00 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is SBD 0.001429 SBD. In other words, to buy 5 Hermes Protocol, it would cost you SBD 0.007146 SBD. Inversely, SBD 1.00 SBD would allow you to trade for 699.72 HERMES while SBD 50.00 SBD would convert to 34,985.81 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 HERMES to SBD was SBD 0.001429 SBD and the lowest 24 hour value was 1 HERMES for SBD 0.001429 SBD. Last month, 1 HERMES was worth SBD 0.00179 SBD. Today, it's down 20.17%. Looking back a year, Hermes Protocol has changed by SBD 0.01385 SBD. That means that in a single year, the value of Hermes Protocol has shrank by 89.45%.
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
SBD to HERMES values from Today at 1:03 pm
SBD 0.50 SBD = 349.86 HERMES |
SBD 1.00 SBD = 699.72 HERMES |
SBD 5.00 SBD = 3,498.58 HERMES |
SBD 10.00 SBD = 6,997.16 HERMES |
SBD 50.00 SBD = 34,985.81 HERMES |
SBD 100.00 SBD = 69,971.61 HERMES |
SBD 500.00 SBD = 349,858.06 HERMES |
SBD 1,000.00 SBD = 699,716.12 HERMES |
HERMES to SBD values from Today at 1:05 pm
0.5 HERMES = SBD 0.0007146 SBD |
1 HERMES = SBD 0.001429 SBD |
5 HERMES = SBD 0.007146 SBD |
10 HERMES = SBD 0.01429 SBD |
50 HERMES = SBD 0.07146 SBD |
100 HERMES = SBD 0.1429 SBD |
500 HERMES = SBD 0.7146 SBD |
1,000 HERMES = SBD 1.43 SBD |
SBD to HERMES over time
SBD | Today | 24H -135.67% | 1M -88.17% | 1Y 75.69% |
|---|---|---|---|---|
0.5 SBD | 349.86 HERMES | 349.86 HERMES | 279.35 HERMES | 36.09 HERMES |
1 SBD | 699.72 HERMES | 699.72 HERMES | 558.70 HERMES | 72.19 HERMES |
5 SBD | 3,498.58 HERMES | 3,498.58 HERMES | 2,793.48 HERMES | 360.93 HERMES |
10 SBD | 6,997.16 HERMES | 6,997.16 HERMES | 5,586.96 HERMES | 721.87 HERMES |
50 SBD | 34,985.81 HERMES | 34,985.81 HERMES | 27,934.80 HERMES | 3,609.34 HERMES |
100 SBD | 69,971.61 HERMES | 69,971.61 HERMES | 55,869.60 HERMES | 7,218.68 HERMES |
500 SBD | 349,858.06 HERMES | 349,858.06 HERMES | 279,348.01 HERMES | 36,093.40 HERMES |
1,000 SBD | 699,716.12 HERMES | 699,716.12 HERMES | 558,696.03 HERMES | 72,186.80 HERMES |
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