Hermes SN82

The maximum supply is capped at 21.00 M SN82.

Hermes is ranked #2274 by market capitalisation, at 2.28M $. Market capitalisation is price multiplied by circulating supply, so it moves with both — a coin can climb the ranking without its price rising, simply by issuing more.

137.46 K SN82 are in circulation, which is 0.7 % of the declared maximum. The remainder enters the market on the schedule written into the protocol, and until it does, the circulating figure is what market capitalisation is computed from — not the cap.

Hermes is a token issued on the Bittensor network rather than a coin of its own blockchain. Practically that means transfers are paid for in the network's own currency, and the token's fate is tied to that network as well as to its own project.