
Hermes Protocol Price (HERMES)

The live Hermes Protocol (HERMES) price today is $ 0.00200649, with a 5.95% change over the past 24 hours. The current HERMES to USD conversion rate is $ 0.00200649 per HERMES.
Hermes Protocol currently ranks #- by market capitalization at $ 350,835, with a circulating supply of 174.85M HERMES. During the last 24 hours, HERMES traded between $ 0.00200087 (low) and $ 0.00213383 (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 -1.64% in the last hour and -2.69% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Hermes Protocol is $ 350.84K, with a 24-hour trading volume of --. The circulating supply of HERMES is 174.85M, with a total supply of 539010497.3997958. Its Fully Diluted Valuation (FDV) is $ 1.08M.
-1.64%
-5.95%
-2.69%
-2.69%
During today, the price change of Hermes Protocol to USD was $ -0.000126981390545429.
In the past 30 days, the price change of Hermes Protocol to USD was $ +0.0005656389.
In the past 60 days, the price change of Hermes Protocol to USD was $ +0.0003074707.
In the past 90 days, the price change of Hermes Protocol to USD was $ -0.0003596812048739817.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -0.000126981390545429 | -5.95% |
| 30 Days | $ +0.0005656389 | +28.19% |
| 60 Days | $ +0.0003074707 | +15.32% |
| 90 Days | $ -0.0003596812048739817 | -15.20% |
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 live price of Hermes Protocol?
Hermes Protocol is trading at $0.00200649, showing a price movement of -5.95% over the last 24 hours. This real-time figure reflects combined input from multiple spot markets.
How volatile is HERMES today?
The price volatility of HERMES within the past 24 hours is --%. Higher volatility suggests rapid price changes, while lower volatility indicates stability.
What is the 24-hour trading range for Hermes Protocol?
The token fluctuated between $0.00200087 (low) and $0.00213383 (high). Traders often use this to evaluate daily momentum and market strength.
How much trading volume has HERMES generated?
In the last 24 hours, HERMES accumulated $-- in trading activity, showing how actively the market is engaging with this asset.
How does the current price compare to its ATH and ATL?
The all-time high is $0.241923, and the all-time low is $0.00005432. Comparing current price to these levels helps traders understand long-term cycles.
How strong is market liquidity for Hermes Protocol?
Liquidity strength is rated at --/100, indicating order book depth and ease of execution during active trading sessions.
How does HERMES compare to other Arbitrum Ecosystem tokens?
Within the Arbitrum Ecosystem category, HERMES shows competitive performance, supported by $-- in liquidity and ongoing interest from traders.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 01-07 09:17:19 | Industry Updates | Yesterday, US Bitcoin spot ETFs recorded a net outflow of $243.2 million, while Ethereum ETFs recorded a net inflow of $114.7 million |
| 01-07 07:35:32 | Industry Updates | Bitcoin Pulls Back Alongside Old-School Meme Coins, "114514" Plunges Over 90% in a Single Day |
| 01-06 21:10:15 | Industry Updates | Solana Ecosystem Applications Achieve Annual Revenue of $2.39 Billion, Up 46% Year-Over-Year, Reaching Record High |
| 01-06 14:41:58 | Industry Updates | Solana Ecosystem Recovers, PENGU, FARTCOIN, WIF and Other Established Tokens Record Over 40% Gains in the Past 7 Days |
| 01-06 14:28:48 | Industry Updates | Several Base Chain Tokens Surge, CLANKER Market Cap Surpasses $44 Million |
| 01-06 12:57:26 | Industry Updates | Yesterday, U.S. Bitcoin spot ETFs recorded a significant net inflow of $697.2 million |
Top cryptocurrencies with market data available on MEXC
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.