
Hermes Protocol Price (HERMES)

The live Hermes Protocol (HERMES) price today is $ 0.00178715, with a 2.77% change over the past 24 hours. The current HERMES to USD conversion rate is $ 0.00178715 per HERMES.
Hermes Protocol currently ranks #- by market capitalization at $ 311,877, with a circulating supply of 173.65M HERMES. During the last 24 hours, HERMES traded between $ 0.00175212 (low) and $ 0.00183807 (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 -0.16% in the last hour and -15.30% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Hermes Protocol is $ 311.88K, with a 24-hour trading volume of --. The circulating supply of HERMES is 173.65M, with a total supply of 539010497.3997958. Its Fully Diluted Valuation (FDV) is $ 968.09K.
-0.16%
-2.77%
-15.30%
-15.30%
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 $ +0.0010419288.
In the past 60 days, the price change of Hermes Protocol to USD was $ +0.0003805037.
In the past 90 days, the price change of Hermes Protocol to USD was $ +0.0004499844237985517.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | -2.77% |
| 30 Days | $ +0.0010419288 | +58.30% |
| 60 Days | $ +0.0003805037 | +21.29% |
| 90 Days | $ +0.0004499844237985517 | +33.65% |
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 current trading price of Hermes Protocol?
Hermes Protocol (HERMES) is currently priced at ₱0.1062155177977356170000 PHP, reflecting a price movement of -2.77% over the last 24 hours. This price represents the latest aggregated market rate across major exchanges and updates continuously based on live market activity.
What factors are influencing Hermes Protocol's price movement today?
The recent price movement over the last 24 hours is shaped by a combination of market sentiment, liquidity fluctuations, and category-wide performance within the Arbitrum Ecosystem sector. Broader economic trends and on-chain activity on -- may also contribute to short-term volatility.
How strong is the trading interest in HERMES?
Investors have generated ₱-- in 24-hour trading volume, signaling active participation. Higher volume typically indicates increased confidence and better price discovery.
What is Hermes Protocol's position in the global crypto market?
It currently holds market rank #5373 with a market capitalization of ₱18535756.39661158326000, placing it among the more established assets within its sector.
What does the circulating supply tell us about HERMES?
With 173646004.40013793 tokens in circulation, the supply level plays a major role in determining scarcity, long-term inflation, and market valuation.
How does today's price compare to Hermes Protocol's recent performance?
The price range between ₱0.1041335831036950056000 and ₱0.1092418413666921666000 over the last 24 hours highlights its intraday volatility and helps traders evaluate short-term price opportunities.
How does Hermes Protocol stack up against similar assets?
Against other Arbitrum Ecosystem tokens, HERMES continues to show competitive performance, supported by steady volume and consistent interest from both retail and institutional participants.
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