Convert Hermes Protocol HERMES to Venezuelan Bolívar Soberano VES
HERMES to VES: 1 Hermes Protocol converts to VES 0.1537 VES as of October 5 at 6:12 AM
Buy Hermes Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Hermes Protocol on the most secure crypto exchange.
About Hermes Protocol
Hermes Protocol is climbing this week. The current price of Hermes Protocol is VES 0.1537 per HERMES. With a circulating supply of 160,238,009.059 HERMES, it means that Hermes Protocol has a total market cap of VES 24,660,760.26. The amount of Hermes Protocol traded has fallen by -VES 6,522.73 in the last 24 hours, which is a 89.06% decrease. Additionally, in the last day, VES 7,324.06 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is VES 0.1537 VES. In other words, to buy 5 Hermes Protocol, it would cost you VES 0.7684 VES. Inversely, VES 1.00 VES would allow you to trade for 6.51 HERMES while VES 50.00 VES would convert to 325.34 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.42%. Meanwhile, in the last 24 hours, the rate has changed by 0.3%, which means that the highest exchange rate of 1 HERMES to VES was VES 0.1539 VES and the lowest 24 hour value was 1 HERMES for VES 0.1529 VES. Last month, 1 HERMES was worth VES 0.1202 VES. Today, it's up 19%. Looking back a year, Hermes Protocol has changed by VES 0.5214 VES. That means that in a single year, the value of Hermes Protocol has shrank by 93.71%.
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 VES values from Today at 6:12 am
0.5 HERMES = VES 0.07684 VES |
1 HERMES = VES 0.1537 VES |
5 HERMES = VES 0.7684 VES |
10 HERMES = VES 1.54 VES |
50 HERMES = VES 7.68 VES |
100 HERMES = VES 15.37 VES |
500 HERMES = VES 76.84 VES |
1,000 HERMES = VES 153.68 VES |
VES to HERMES values from Today at 6:12 am
VES 0.50 VES = 3.25 HERMES |
VES 1.00 VES = 6.51 HERMES |
VES 5.00 VES = 32.53 HERMES |
VES 10.00 VES = 65.07 HERMES |
VES 50.00 VES = 325.34 HERMES |
VES 100.00 VES = 650.69 HERMES |
VES 500.00 VES = 3,253.44 HERMES |
VES 1,000.00 VES = 6,506.89 HERMES |
HERMES to VES over time
HERMES | Today | 24H 99.99% | 1M 99.99% | 1Y 99.96% |
|---|---|---|---|---|
0.5 HERMES | VES 0.07684 VES | VES 0.07651 VES | VES 0.06009 VES | VES 0.2607 VES |
1 HERMES | VES 0.1537 VES | VES 0.153 VES | VES 0.1202 VES | VES 0.5214 VES |
5 HERMES | VES 0.7684 VES | VES 0.7651 VES | VES 0.6009 VES | VES 2.61 VES |
10 HERMES | VES 1.54 VES | VES 1.53 VES | VES 1.20 VES | VES 5.21 VES |
50 HERMES | VES 7.68 VES | VES 7.65 VES | VES 6.01 VES | VES 26.07 VES |
100 HERMES | VES 15.37 VES | VES 15.30 VES | VES 12.02 VES | VES 52.14 VES |
500 HERMES | VES 76.84 VES | VES 76.51 VES | VES 60.09 VES | VES 260.71 VES |
1,000 HERMES | VES 153.68 VES | VES 153.03 VES | VES 120.18 VES | VES 521.41 VES |
Frequently asked questions
Buy Hermes Protocol with Coinbase Wallet
Create a Coinbase account to buy and sell Hermes Protocol on the most secure crypto exchange.
Related conversions
Discover other cryptocurrencies to currency 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 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.