
Hermes Protocol Price (HERMES)

The live Hermes Protocol (HERMES) price today is $ 0.00157671, with a 0.47% change over the past 24 hours. The current HERMES to USD conversion rate is $ 0.00157671 per HERMES.
Hermes Protocol currently ranks #- by market capitalization at $ 279,668, with a circulating supply of 177.27M HERMES. During the last 24 hours, HERMES traded between $ 0.00155031 (low) and $ 0.00160141 (high), reflecting market activity. Its all-time high stands at $ 0.241923, while the all-time low was $ 0.00005432.
In short-term performance, HERMES moved -0.24% in the last hour and +20.50% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Hermes Protocol is $ 279.67K, with a 24-hour trading volume of --. The circulating supply of HERMES is 177.27M, with a total supply of 539010497.3997958. Its Fully Diluted Valuation (FDV) is $ 850.36K.
-0.24%
+0.47%
+20.50%
+20.50%
During today, the price change of Hermes Protocol to USD was $ 0.
In the past 30 days, the price change of Hermes Protocol to USD was $ +0.0006151190.
In the past 60 days, the price change of Hermes Protocol to USD was $ -0.0004322761.
In the past 90 days, the price change of Hermes Protocol to USD was $ +0.0000847666001073997.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | +0.47% |
| 30 Days | $ +0.0006151190 | +39.01% |
| 60 Days | $ -0.0004322761 | -27.41% |
| 90 Days | $ +0.0000847666001073997 | +5.68% |
In 2040, the price of Hermes Protocol could potentially see a growth of 0.00%. It could reach a trading price of $ --.
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:
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.
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Swap anytime from any chain. Creating deep unified concentrated liquidity. Hermes Protocol V2 is a complete overhaul of V1—rebuilt from the ground up, fully audited, and packed with powerful new features. It’s a decentralized, permissionless, omnichain unified liquidity marketplace, designed to be community-owned and future-proof. Designed to improve upon key mechanics such as the liquidity rental mechanics from V1, Hermes V2 addresses limitations of existing DeFi protocols while enhancing user experience across the ecosystem.
What is the live price of Hermes Protocol?
The current valuation sits at ₱0.0925285006453668777000, showing a price movement of 0.47% over the last 24 hours.
How does market sentiment affect HERMES?
Sentiment is shaped by macroeconomic conditions, industry news, and developments across the -- ecosystem. Positive sentiment often correlates with rising volume and short-term price increases.
What is Hermes Protocol's market cap and global rank?
With a market capitalization of ₱16412187.85857162316000, Hermes Protocol stands at rank #5424, highlighting its influence and scale within the broader market.
What is the recent trading activity like?
HERMES recorded ₱-- in 24-hour trading volume, demonstrating the level of active participation from global traders.
How volatile is HERMES today?
The token's volatility is measured at --%, helping traders assess whether the market is experiencing stability or rapid fluctuations.
What is today's 24h trading range?
It moved between ₱0.0909792287963663097000 and ₱0.0939780087768181667000, indicating the intraday price strength.
What long-term factors influence Hermes Protocol?
Factors include circulating supply (177270391.88208506 tokens), adoption trends within Arbitrum Ecosystem, and overall traction of the -- network.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-22 23:45:11 | Industry Updates | 24h Spot Capital Inflow/Outflow: USDE Net Inflow of $16.6M, NIGHT Net Outflow of $88.76M |
| 12-22 23:14:43 | Industry Updates | Gold-Silver Ratio Set to Break Below Five-Year Low as Spot Silver Surges Past Gold |
| 12-22 20:03:03 | Industry Updates | Analysis: Epic Distribution by Long-Term Holders After Oct 11 Crash, Major Shift in BTC Cost Structure |
| 12-22 15:28:28 | Industry Updates | Crypto Fear Index Rises to 25, Market Remains in "Extreme Fear" State |
| 12-20 20:20:13 | Industry Updates | Crypto Fear Index rises to 20, market remains in "Extreme Fear" state |
| 12-20 18:47:15 | Industry Updates | Total stablecoin market cap decreased slightly by 0.26% this week, remaining at historic highs |
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