Convert Hermes Protocol HERMES to Isle of Man Pound IMP
HERMES to IMP: 1 Hermes Protocol converts to IMP 0.0001129 IMP as of August 28 at 5:19 PM
Buy Hermes Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Hermes Protocol on the most trusted crypto exchange. Learn more
About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is IMP 0.0001129 per HERMES. With a circulating supply of 160,747,099.651 HERMES, it means that Hermes Protocol has a total market cap of IMP 18,150.69. The amount of Hermes Protocol traded has fallen by -IMP 0.18 in the last 24 hours, which is a 7.18% decrease. Additionally, in the last day, IMP 2.48 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is IMP 0.0001129 IMP. In other words, to buy 5 Hermes Protocol, it would cost you IMP 0.0005646 IMP. Inversely, IMP 1.00 IMP would allow you to trade for 8,855.18 HERMES while IMP 50.00 IMP would convert to 442,758.91 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 36.81%. Meanwhile, in the last 24 hours, the rate has changed by 0.34%, and that the highest exchange rate of 1 HERMES to IMP was IMP 0.0001132 IMP and the lowest 24 hour value was 1 HERMES for IMP 0.0001124 IMP. Last month, 1 HERMES was worth IMP 0.0001777 IMP. Today, it's down 35.32%. Looking back a year, Hermes Protocol has changed by IMP 0.001202 IMP. That means that in a single year, the value of Hermes Protocol has shrank by 90.59%.
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 IMP values from Today at 5:19 pm
0.5 HERMES = IMP 0.00005646 IMP |
1 HERMES = IMP 0.0001129 IMP |
5 HERMES = IMP 0.0005646 IMP |
10 HERMES = IMP 0.001129 IMP |
50 HERMES = IMP 0.005646 IMP |
100 HERMES = IMP 0.01129 IMP |
500 HERMES = IMP 0.05646 IMP |
1,000 HERMES = IMP 0.1129 IMP |
IMP to HERMES values from Today at
IMP 0.50 IMP = 4,427.59 HERMES |
IMP 1.00 IMP = 8,855.18 HERMES |
IMP 5.00 IMP = 44,275.89 HERMES |
IMP 10.00 IMP = 88,551.78 HERMES |
IMP 50.00 IMP = 442,758.91 HERMES |
IMP 100.00 IMP = 885,517.81 HERMES |
IMP 500.00 IMP = 4,427,589.06 HERMES |
IMP 1,000.00 IMP = 8,855,178.13 HERMES |
HERMES to IMP over time
HERMES | Today | 24H 0.14% | 1M -57.34% | 1Y -964.58% |
|---|---|---|---|---|
0.5 HERMES | IMP 0.00005646 IMP | IMP 0.00005638 IMP | IMP 0.00008884 IMP | IMP 0.0006011 IMP |
1 HERMES | IMP 0.0001129 IMP | IMP 0.0001128 IMP | IMP 0.0001777 IMP | IMP 0.001202 IMP |
5 HERMES | IMP 0.0005646 IMP | IMP 0.0005638 IMP | IMP 0.0008884 IMP | IMP 0.006011 IMP |
10 HERMES | IMP 0.001129 IMP | IMP 0.001128 IMP | IMP 0.001777 IMP | IMP 0.01202 IMP |
50 HERMES | IMP 0.005646 IMP | IMP 0.005638 IMP | IMP 0.008884 IMP | IMP 0.06011 IMP |
100 HERMES | IMP 0.01129 IMP | IMP 0.01128 IMP | IMP 0.01777 IMP | IMP 0.1202 IMP |
500 HERMES | IMP 0.05646 IMP | IMP 0.05638 IMP | IMP 0.08884 IMP | IMP 0.6011 IMP |
1,000 HERMES | IMP 0.1129 IMP | IMP 0.1128 IMP | IMP 0.1777 IMP | IMP 1.20 IMP |
Buy Hermes Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Hermes Protocol on the most secure crypto exchange.
Related conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.