HERMES is an algorithmic stablecoin on Avalanche C Chain, pegged to the price of 1 AVAX via seigniorage
HERMES Market Cap
24h Trade Volume
All-Time-High (ATH) Price
HERMES's current price is $ 118, it has dropped -47.4% over the past 24 hours.
HERMES's All Time High (ATH) of $ 573 was reached on 13 Jan 2022, and is currently -79.5% down.
The maximum supply of HERMES that will ever be issued is 3.57 Thousands tokens, and the current supply of HERMES in circulation is 995.00 tokens.
HERMES’s 24 hour trading volume is $ 148.23 Thousands.
HERMES's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 116.96 Thousands.
HERMES Live Chart
HERMES price Index provides the latest HERMES price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The HERMES to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
HERMES to USD Converter
HERMES Quarterly Returns ($)
HERMES Closing Price (USD) - Quarterly
HERMES Monthly Returns ($)
HERMES USD (HERMES - USD) Price Change
|24H||-$ 106||-47.4%||$ 224||$ 106|
HERMES Annual Price
|2022||-69.4%||$ 573||$ 106|
What is HERMES
HERMES is an algorithmic stablecoin on Avalanche C Chain, pegged to the price of 1 AVAX via seigniorage. HERMES token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain HERMES peg of 1 HERMES = 1 AVAX in the long run. Note that HERMES actively pegs via the algorithm, it does not mean it will be valued at 1 HERMES : 1 AVAX at all times as it is not collateralized. HERMES is not to be confused with crypto or fiat-backed stablecoin.