Convert Hermes Protocol HERMES to Real BRL
1 HERMES converts to R$0.001388 BRL as of June 22 at 12:48 PM
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About Hermes Protocol
Hermes Protocol is falling this week. The current price of Hermes Protocol is R$0.001388 per HERMES. With a circulating supply of 162,067,984.617 HERMES, it means that Hermes Protocol has a total market cap of R$224,840.23. The amount of Hermes Protocol traded has fallen by -R$221.50 in the last 24 hours, which is a 55.33% decrease. Additionally, in the last day, R$400.35 worth of HERMES has been traded.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is R$0.001388 BRL. In other words, to buy 5 Hermes Protocol, it would cost you R$0.006941 BRL. Inversely, R$1.00 BRL would allow you to trade for 720.31 HERMES while R$50.00 BRL would convert to 36,015.30 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.78%. Meanwhile, in the last 24 hours, the rate has changed by 3.32%, and that the highest exchange rate of 1 HERMES to BRL was R$0.001435 BRL and the lowest 24 hour value was 1 HERMES for R$0.001386 BRL. Last month, 1 HERMES was worth R$0.002014 BRL. Today, it's down 32.81%. Looking back a year, Hermes Protocol has changed by R$0.01454 BRL. That means that in a single year, the value of Hermes Protocol has shrank by 89.82%.
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 12:48 pm
0.5 HERMES = R$0.0006941 BRL |
1 HERMES = R$0.001388 BRL |
5 HERMES = R$0.006941 BRL |
10 HERMES = R$0.01388 BRL |
50 HERMES = R$0.06941 BRL |
100 HERMES = R$0.1388 BRL |
500 HERMES = R$0.6941 BRL |
1,000 HERMES = R$1.39 BRL |
BRL to HERMES values from Today at 12:50 pm
R$0.50 BRL = 360.15 HERMES |
R$1.00 BRL = 720.31 HERMES |
R$5.00 BRL = 3,601.53 HERMES |
R$10.00 BRL = 7,203.06 HERMES |
R$50.00 BRL = 36,015.30 HERMES |
R$100.00 BRL = 72,030.60 HERMES |
R$500.00 BRL = 360,153.01 HERMES |
R$1,000.00 BRL = 720,306.02 HERMES |
HERMES to BRL over time
HERMES | Today | 24H 99.51% | 1M 99.31% | 1Y 95.00% |
|---|---|---|---|---|
0.5 HERMES | R$0.0006941 BRL | R$0.0007176 BRL | R$0.001007 BRL | R$0.007268 BRL |
1 HERMES | R$0.001388 BRL | R$0.001435 BRL | R$0.002014 BRL | R$0.01454 BRL |
5 HERMES | R$0.006941 BRL | R$0.007176 BRL | R$0.01007 BRL | R$0.07268 BRL |
10 HERMES | R$0.01388 BRL | R$0.01435 BRL | R$0.02014 BRL | R$0.1454 BRL |
50 HERMES | R$0.06941 BRL | R$0.07176 BRL | R$0.1007 BRL | R$0.7268 BRL |
100 HERMES | R$0.1388 BRL | R$0.1435 BRL | R$0.2014 BRL | R$1.45 BRL |
500 HERMES | R$0.6941 BRL | R$0.7176 BRL | R$1.01 BRL | R$7.27 BRL |
1,000 HERMES | R$1.39 BRL | R$1.44 BRL | R$2.01 BRL | R$14.54 BRL |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about R$0.001388.
Based on the current rate, you could get 720.31 HERMES for 1 BRL.
Hermes Protocol price has been declining. Since yesterday, the exchange rate of Hermes Protocol has decreased. Since last month, the exchange rate of Hermes Protocol has decreased. Since this time last year, the price of Hermes Protocol has decreased.
You can use our HERMES to BRL calculator at the top of this page to convert any amount of HERMES to BRL. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 BRL is equivalent to 3,601.53 HERMES. Inversely, 5 HERMES will cost about R$0.006941
Hermes Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Hermes Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Hermes Protocol, including GM Everyday, Zack Morris, and MELEGA. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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Create a Coinbase account to buy and sell Hermes Protocol on the most secure crypto exchange.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.
