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Hermes Protocol

HERMES
Arbitrum OneVerifiedRank #8713
$0.0001774
—24h

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Aggregated market price (CoinGecko OHLC)

Overview

Market capⓘ
$28,419
Fully diluted valuationⓘ
$112.76K
Volume 24h
$0.00
DEX liquidity
$323.98
Circulating supply
160.24M HERMES
Total supply
635.77M HERMES
Max supply
—
All-time high
$0.2419
Oct 18, 2022, 5:02 AM

FDV = price × total (or max) supply. It is not the market cap.

Source: CoinGecko + GeckoTerminalUpdated 2 minutes ago· Showing the last available data — the provider is temporarily unreachable.

Trading pairs

No pools available right now.

Source: GeckoTerminalUpdated 2 minutes ago· Showing the last available data — the provider is temporarily unreachable.

About Hermes Protocol

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…