Convert Dai DAI to Hermes Protocol HERMES
DAI to HERMES: 1 Dai converts to 3,536.37 HERMES
About DAI and HERMES
Dai is falling, while Hermes Protocol is climbing this week. The current DAI to HERMES conversion rate is 3,536.37. Inversely, this means that if you convert 1 HERMES you will get 0.0002828 DAI. The conversion rate of DAI/HERMES has decreased by 0.1% in the last hour (HERMES/DAI increased by 0.1%). In the last 24 hours, DAI/HERMES shrunk by 3.48%, while HERMES/DAI grew by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 3,536.37 HERMES. In other words, to buy 5 Dai, it would cost you 17,681.86 HERMES. Inversely, 1 HERMES would allow you to trade for 0.0002828 DAI while 50 HERMES would convert to 0.01414 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.12%. Meanwhile, in the last 24 hours, the rate has changed by 3.5%, and that the highest exchange rate of 1 DAI to HERMES was 3,673.38 HERMES and the lowest 24 hour value was 1 DAI for 3,526.88 HERMES. Last month, 1 DAI was worth 3,138.74 HERMES. Today, it's up 11.24%. Looking back a year, Dai has changed by 424.41 HERMES. That means that in a single year, the value of Dai has grown by 88%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Hermes Protocol Market Stats
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: - Bridge-less omnichain environment, powered with concentrated (Uni V3) and unified liquidity. - Decentralized Uniswap V3 Liquidity Management. - Uniswap V3 Liquidity Incentives. - Refined ve(3,3), becoming a fungible ERC-4626 - Improved UX and UI - Omnichain Yield marketplace 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.
Conversion tables
DAI to HERMES values from Today at 3:22 pm
0.5 DAI = 1,768.19 HERMES |
1 DAI = 3,536.37 HERMES |
5 DAI = 17,681.86 HERMES |
10 DAI = 35,363.72 HERMES |
50 DAI = 176,818.60 HERMES |
100 DAI = 353,637.19 HERMES |
500 DAI = 1,768,185.96 HERMES |
1,000 DAI = 3,536,371.91 HERMES |
HERMES to DAI values from Today at 3:22 pm
0.5 HERMES = 0.0001414 DAI |
1 HERMES = 0.0002828 DAI |
5 HERMES = 0.001414 DAI |
10 HERMES = 0.002828 DAI |
50 HERMES = 0.01414 DAI |
100 HERMES = 0.02828 DAI |
500 HERMES = 0.1414 DAI |
1,000 HERMES = 0.2828 DAI |
DAI to HERMES over time
DAI | Today | 24H -3.50% | 1M 11.24% | 1Y 88.00% |
|---|---|---|---|---|
0.5 DAI | 1,768.19 HERMES | 1,830.10 HERMES | 1,569.37 HERMES | 212.21 HERMES |
1 DAI | 3,536.37 HERMES | 3,660.19 HERMES | 3,138.74 HERMES | 424.41 HERMES |
5 DAI | 17,681.86 HERMES | 18,300.97 HERMES | 15,693.69 HERMES | 2,122.06 HERMES |
10 DAI | 35,363.72 HERMES | 36,601.95 HERMES | 31,387.38 HERMES | 4,244.11 HERMES |
50 DAI | 176,818.60 HERMES | 183,009.73 HERMES | 156,936.88 HERMES | 21,220.56 HERMES |
100 DAI | 353,637.19 HERMES | 366,019.46 HERMES | 313,873.76 HERMES | 42,441.11 HERMES |
500 DAI | 1,768,185.96 HERMES | 1,830,097.29 HERMES | 1,569,368.82 HERMES | 212,205.55 HERMES |
1,000 DAI | 3,536,371.91 HERMES | 3,660,194.58 HERMES | 3,138,737.63 HERMES | 424,411.10 HERMES |
Frequently asked questions
Right now, 1 Dai is worth about $0.9995.
Based on the current rate, you could get 1.00 DAI for 1 USD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has decreased. Since this time last year, the price of Dai has decreased.
You can use our DAI to USD calculator at the top of this page to convert any amount of DAI to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 5.00 DAI. Inversely, 5 DAI will cost about $5.00
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Bitcoin Cash, Toncoin, and Canton. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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