Hermes Shares Price Today (Official) | Live HSHARES Price Chart in USD | CryptoRank.io
Currencies
13281
Market Cap
$ 2.13T
-2.91%
24h Spot Volume
$ 39.62B
+21.7%
BTC Dominance
37.27%
+0.4%
ETH Gas
138 Gwei

Hermes Shares [HSHARES]

 
Token:
Avalanche
USD 434
-36.19
BTC 0.0104
-34.60
ETH 0.136
-33.31

HSHAREs are one of the ways to measure the value of the HERMES Protocol

Hermes Shares Market Cap

N/A
FDMC: $ 30,406,904 

24h Trade Volume

$ 188,521 
Ƀ 4.49
HSHARES 434

Supply

Total:
HSHARES 59,567
Max:
HSHARES 70,000

All-Time-High (ATH) Price

$ 1,068 (12 Jan 2022)
Ƀ 0.0245 (12 Jan 2022)
ETH 0.318 (12 Jan 2022)
From ATH: -59.3%
To ATH: +145.9%

Hermes Shares's current price is $ 434, it has dropped -36.2% over the past 24 hours.

Hermes Shares's All Time High (ATH) of $ 1,068 was reached on 12 Jan 2022, and is currently -59.3% down.

Hermes Shares Live Chart

Hermes Shares price Index provides the latest HSHARES price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Hermes Shares to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

HSHARES to USD Converter

HSHARES

Hermes Shares Quarterly Returns ($)

YearQ1Q2Q3Q4
2022-33.7%

Hermes Shares Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022

Hermes Shares Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022-33.7%

Hermes Shares USD (HSHARES - USD) Price Change

PeriodChangeChange (%)HighLow
24H-$ 246-36.2%$ 703$ 435

Hermes Shares Annual Price

YearUSDHighLow
2022-33.7%$ 1,068$ 431

What is Hermes Shares

HSHAREs are one of the ways to measure the value of the HERMES Protocol. The protocol's underlying mechanism dynamically adjusts HERMES supply, pushing its price up or down relative to the price of AVAX. Inspired by the original Tomb Finance, HERMES Finance is a multi-token protocol that consists of the following three tokens:

  • HERMES (HERMES).
  • HERMES Shares (HSHARE)
  • HERMES Bonds (HBOND).

HSHAREs are one of the ways to measure the value of the HERMES Protocol and shareholder trust in its ability to maintain HERMES close to peg. During epoch expansions the protocol mints HERMES and distributes it proportionally to all HSHARE holders who have staked their tokens in the OLYMPUS.

HSHARE has a maximum total supply of 70000 tokens distributed as follows:

  • Community Allocation: 5500 HSHARE vested linearly 12 months
  • Team & Dev Allocation: 5000 HSHARE vested linearly over 12 months
  • Rewards: 59500 HSHARE are allocated for incentivizing Liquidity Providers in two shares pools for 12 months
  • Initial mint: 1 HSHARE minted upon contract creation for initial pool.

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