Convert Hermes Protocol HERMES to Real BRL
HERMES to BRL: 1 Hermes Protocol converts to R$0.001205 BRL as of October 1 at 8:24 PM
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About Hermes Protocol
Hermes Protocol is climbing this week. The current price of Hermes Protocol is R$0.001205 per HERMES. With a circulating supply of 160,238,009.059 HERMES, it means that Hermes Protocol has a total market cap of R$193,085.78. The amount of Hermes Protocol traded has fallen by -R$35.57 in the last 24 hours, which is a 83.22% decrease. Additionally, in the last day, R$42.75 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is R$0.001205 BRL. In other words, to buy 5 Hermes Protocol, it would cost you R$0.006025 BRL. Inversely, R$1.00 BRL would allow you to trade for 829.90 HERMES while R$50.00 BRL would convert to 41,494.93 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 52.33%. Meanwhile, in the last 24 hours, the rate has changed by 4.57%, which means that the highest exchange rate of 1 HERMES to BRL was R$0.00121 BRL and the lowest 24 hour value was 1 HERMES for R$0.001143 BRL. Last month, 1 HERMES was worth R$0.000768 BRL. Today, it's up 54.91%. Looking back a year, Hermes Protocol has changed by R$0.01263 BRL. That means that in a single year, the value of Hermes Protocol has shrank by 90.24%.
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 BRL values from Today at 8:24 pm
0.5 HERMES = R$0.0006025 BRL |
1 HERMES = R$0.001205 BRL |
5 HERMES = R$0.006025 BRL |
10 HERMES = R$0.01205 BRL |
50 HERMES = R$0.06025 BRL |
100 HERMES = R$0.1205 BRL |
500 HERMES = R$0.6025 BRL |
1,000 HERMES = R$1.20 BRL |
BRL to HERMES values from Today at 8:24 pm
R$0.50 BRL = 414.95 HERMES |
R$1.00 BRL = 829.90 HERMES |
R$5.00 BRL = 4,149.49 HERMES |
R$10.00 BRL = 8,298.99 HERMES |
R$50.00 BRL = 41,494.93 HERMES |
R$100.00 BRL = 82,989.86 HERMES |
R$500.00 BRL = 414,949.29 HERMES |
R$1,000.00 BRL = 829,898.58 HERMES |
HERMES to BRL over time
HERMES | Today | 24H 83.12% | 1M 88.66% | 1Y -86.50% |
|---|---|---|---|---|
0.5 HERMES | R$0.0006025 BRL | R$0.0005715 BRL | R$0.000384 BRL | R$0.006314 BRL |
1 HERMES | R$0.001205 BRL | R$0.001143 BRL | R$0.000768 BRL | R$0.01263 BRL |
5 HERMES | R$0.006025 BRL | R$0.005715 BRL | R$0.00384 BRL | R$0.06314 BRL |
10 HERMES | R$0.01205 BRL | R$0.01143 BRL | R$0.00768 BRL | R$0.1263 BRL |
50 HERMES | R$0.06025 BRL | R$0.05715 BRL | R$0.0384 BRL | R$0.6314 BRL |
100 HERMES | R$0.1205 BRL | R$0.1143 BRL | R$0.0768 BRL | R$1.26 BRL |
500 HERMES | R$0.6025 BRL | R$0.5715 BRL | R$0.384 BRL | R$6.31 BRL |
1,000 HERMES | R$1.20 BRL | R$1.14 BRL | R$0.768 BRL | R$12.63 BRL |
Frequently asked questions
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