
Hermes Protocol Price (HERMES)

The live Hermes Protocol (HERMES) price today is $ 0.00172306, with a 4.50% change over the past 24 hours. The current HERMES to USD conversion rate is $ 0.00172306 per HERMES.
Hermes Protocol currently ranks #- by market capitalisation at $ 297,343, with a circulating supply of 172.57M HERMES. During the last 24 hours, HERMES traded between $ 0.00171741 (low) and $ 0.00180461 (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 -0.14% in the last hour and -2.56% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Hermes Protocol is $ 297.34K, with a 24-hour trading volume of --. The circulating supply of HERMES is 172.57M, with a total supply of 539010497.3997958. Its Fully Diluted Valuation (FDV) is $ 928.75K.
-0.14%
-4.49%
-2.56%
-2.56%
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 $ +0.0001577482.
In the past 60 days, the price change of Hermes Protocol to USD was $ +0.0006337871.
In the past 90 days, the price change of Hermes Protocol to USD was $ +0.0004014457484733695.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | -4.49% |
| 30 Days | $ +0.0001577482 | +9.16% |
| 60 Days | $ +0.0006337871 | +36.78% |
| 90 Days | $ +0.0004014457484733695 | +30.38% |
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.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
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 current price of Hermes Protocol?
Hermes Protocol is trading at £0.001282728193529860000, experiencing a price movement of -4.49% over the last 24 hours. This figure reflects real-time pricing aggregated from global exchanges.
How does today's price compare to historical levels?
The ATH of Hermes Protocol is £0.1800990405228630000, while the ATL is £0.000040438403463920000. Comparing the current price to these levels can help investors evaluate long-term potential and previous growth cycles.
What is the overall valuation of HERMES today?
The market capitalization sits at £221356.3365458830000, placing the asset at rank #5416 among all cryptocurrencies.
How active is Hermes Protocol's market participation?
The asset has generated £-- in 24-hour trading volume, showing how frequently traders are engaging with HERMES.
What is the circulating supply and why does it matter?
With 172567284.80724514 tokens currently circulating, supply dynamics influence scarcity, inflation rates, and long-term valuation trends.
What category does Hermes Protocol fall under?
Hermes Protocol is part of the Arbitrum Ecosystem classification, which groups it with other assets sharing similar utility or ecosystem roles.
How does -- impact HERMES's value proposition?
Operating on the -- network enables HERMES to leverage specific transaction speeds, fees, security models, and smart contract functionalities, contributing to its overall adoption.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 01-19 07:38:00 | Precious Metals | Spot Gold and Silver Both Hit New All-time Highs |
| 01-18 14:28:43 | Industry Updates | Crypto Market Sentiment Remains "Neutral," Showing Overall Recovery from Previous Levels |
| 01-17 23:48:56 | On-chain Data | In the past 24 hours, the network-wide liquidation totaled $78.792 million, primarily short positions |
| 01-17 12:58:01 | Industry Updates | Yesterday, US Bitcoin spot ETFs recorded a net outflow of $394.7 million, while Ethereum ETFs saw a net inflow of $4.7 million |
| 01-16 15:51:00 | Industry Updates | 24h Spot Capital Inflow/Outflow Rankings: ETH Net Outflow of $182 Million, AIN Net Inflow of $9.13 Million; |
| 01-16 13:11:00 | Industry Updates | US Spot Bitcoin ETFs Recorded Net Inflows of $100.2 Million Yesterday, Marking Four Consecutive Trading Days of Net Inflows |
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