Convert Drift Protocol DRIFT to Hermes Protocol HERMES
1 DRIFT converts to 56.37 HERMES
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About DRIFT and HERMES
Drift Protocol is falling, while Hermes Protocol is climbing this week. The current DRIFT to HERMES conversion rate is 56.37. Inversely, this means that if you convert 1 HERMES you will get 0.01774 DRIFT. The conversion rate of DRIFT/HERMES has decreased by 0.27% in the last hour (HERMES/DRIFT increased by 0.27%). In the last 24 hours, DRIFT/HERMES shrunk by 6.75%, while HERMES/DRIFT grew by the same amount.
The exchange rate of Drift Protocol is decreasing. The current value of 1 DRIFT is 56.37 HERMES. In other words, to buy 5 Drift Protocol, it would cost you 281.83 HERMES. Inversely, 1 HERMES would allow you to trade for 0.01774 DRIFT while 50 HERMES would convert to 0.8871 DRIFT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 38.37%. Meanwhile, in the last 24 hours, the rate has changed by 6.84%, and that the highest exchange rate of 1 DRIFT to HERMES was 60.54 HERMES and the lowest 24 hour value was 1 DRIFT for 54.00 HERMES. Last month, 1 DRIFT was worth 92.70 HERMES. Today, it's down 64.47%. Looking back a year, Drift Protocol has changed by 144.70 HERMES. That means that in a single year, the value of Drift Protocol has shrank by 156.72%.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
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
DRIFT to HERMES values from Today at 12:34 am
0.5 DRIFT = 28.18 HERMES |
1 DRIFT = 56.37 HERMES |
5 DRIFT = 281.83 HERMES |
10 DRIFT = 563.66 HERMES |
50 DRIFT = 2,818.30 HERMES |
100 DRIFT = 5,636.59 HERMES |
500 DRIFT = 28,182.96 HERMES |
1,000 DRIFT = 56,365.93 HERMES |
HERMES to DRIFT values from Today at 12:32 am
0.5 HERMES = 0.008871 DRIFT |
1 HERMES = 0.01774 DRIFT |
5 HERMES = 0.08871 DRIFT |
10 HERMES = 0.1774 DRIFT |
50 HERMES = 0.8871 DRIFT |
100 HERMES = 1.77 DRIFT |
500 HERMES = 8.87 DRIFT |
1,000 HERMES = 17.74 DRIFT |
DRIFT to HERMES over time
DRIFT | Today | 24H -6.84% | 1M -64.47% | 1Y -156.72% |
|---|---|---|---|---|
0.5 DRIFT | 28.18 HERMES | 30.11 HERMES | 46.35 HERMES | 72.35 HERMES |
1 DRIFT | 56.37 HERMES | 60.22 HERMES | 92.70 HERMES | 144.70 HERMES |
5 DRIFT | 281.83 HERMES | 301.10 HERMES | 463.52 HERMES | 723.50 HERMES |
10 DRIFT | 563.66 HERMES | 602.20 HERMES | 927.04 HERMES | 1,447.00 HERMES |
50 DRIFT | 2,818.30 HERMES | 3,011.00 HERMES | 4,635.20 HERMES | 7,235.00 HERMES |
100 DRIFT | 5,636.59 HERMES | 6,022.01 HERMES | 9,270.41 HERMES | 14,469.99 HERMES |
500 DRIFT | 28,182.96 HERMES | 30,110.03 HERMES | 46,352.04 HERMES | 72,349.96 HERMES |
1,000 DRIFT | 56,365.93 HERMES | 60,220.06 HERMES | 92,704.07 HERMES | 144,699.93 HERMES |
Frequently asked questions
Right now, 1 Drift Protocol is worth about $0.0175.
Based on the current rate, you could get 57.14 DRIFT for 1 USD.
Drift Protocol price has been declining. Since yesterday, the exchange rate of Drift Protocol has decreased. Since last month, the exchange rate of Drift Protocol has decreased. Since this time last year, the price of Drift Protocol has decreased.
You can use our DRIFT to USD calculator at the top of this page to convert any amount of DRIFT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 285.71 DRIFT. Inversely, 5 DRIFT will cost about $0.0875
Drift Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Drift Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Drift Protocol, including Stader, Eesee, and YELLOW. For a more robust list of assets to explore, jump to the asset page dedicated to Drift Protocol.
Buy Drift Protocol with Coinbase
Create a Coinbase account to buy and sell Drift Protocol on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
Popular prediction markets
Discover other cryptocurrencies to currency conversions
Discover other cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.