Convert Hermes Protocol HERMES to Singapore Dollar SGD
HERMES to SGD: 1 Hermes Protocol converts to S$0.0002845 SGD as of October 1 at 10:25 AM
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is S$0.0002845 per HERMES. With a circulating supply of 160,238,009.059 HERMES, it means that Hermes Protocol has a total market cap of S$45,591.56. The amount of Hermes Protocol traded has fallen by S$-49.00 in the last 24 hours, which is a 77.92% decrease. Additionally, in the last day, S$62.89 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is S$0.0002845 SGD. In other words, to buy 5 Hermes Protocol, it would cost you S$0.0014226 SGD. Inversely, S$1.00 SGD would allow you to trade for 3,514.74 HERMES while S$50.00 SGD would convert to 175,737.23 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 46.58%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, which means that the highest exchange rate of 1 HERMES to SGD was S$0.0002883 SGD and the lowest 24 hour value was 1 HERMES for S$0.0002821 SGD. Last month, 1 HERMES was worth S$0.0002096 SGD. Today, it's up 49.06%. Looking back a year, Hermes Protocol has changed by S$0.003049 SGD. That means that in a single year, the value of Hermes Protocol has shrank by 90.61%.
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 SGD values from Today at 10:25 am
0.5 HERMES = S$0.0001423 SGD |
1 HERMES = S$0.0002845 SGD |
5 HERMES = S$0.001423 SGD |
10 HERMES = S$0.002845 SGD |
50 HERMES = S$0.01423 SGD |
100 HERMES = S$0.02845 SGD |
500 HERMES = S$0.1423 SGD |
1,000 HERMES = S$0.2845 SGD |
SGD to HERMES values from Today at
S$0.50 SGD = 1,757.37 HERMES |
S$1.00 SGD = 3,514.74 HERMES |
S$5.00 SGD = 17,573.72 HERMES |
S$10.00 SGD = 35,147.45 HERMES |
S$50.00 SGD = 175,737.23 HERMES |
S$100.00 SGD = 351,474.46 HERMES |
S$500.00 SGD = 1,757,372.31 HERMES |
S$1,000.00 SGD = 3,514,744.63 HERMES |
HERMES to SGD over time
HERMES | Today | 24H 0.15% | 1M 26.33% | 1Y -971.48% |
|---|---|---|---|---|
0.5 HERMES | S$0.0001423 SGD | S$0.000142 SGD | S$0.0001048 SGD | S$0.001524 SGD |
1 HERMES | S$0.0002845 SGD | S$0.0002841 SGD | S$0.0002096 SGD | S$0.003049 SGD |
5 HERMES | S$0.001423 SGD | S$0.00142 SGD | S$0.001048 SGD | S$0.01524 SGD |
10 HERMES | S$0.002845 SGD | S$0.002841 SGD | S$0.002096 SGD | S$0.03049 SGD |
50 HERMES | S$0.01423 SGD | S$0.0142 SGD | S$0.01048 SGD | S$0.1524 SGD |
100 HERMES | S$0.02845 SGD | S$0.02841 SGD | S$0.02096 SGD | S$0.3049 SGD |
500 HERMES | S$0.1423 SGD | S$0.142 SGD | S$0.1048 SGD | S$1.52 SGD |
1,000 HERMES | S$0.2845 SGD | S$0.2841 SGD | S$0.2096 SGD | S$3.05 SGD |
Frequently asked questions
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