Convert Hermes Protocol HERMES to Altlayer ALT
HERMES to ALT: 1 Hermes Protocol converts to 0.04682 ALT
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About HERMES and ALT
Hermes Protocol is falling, while Altlayer is climbing this week. The current HERMES to ALT conversion rate is 0.04682. Inversely, this means that if you convert 1 ALT you will get 21.36 HERMES. The conversion rate of HERMES/ALT has decreased by 0.46% in the last hour (ALT/HERMES increased by 0.46%). In the last 24 hours, HERMES/ALT shrunk by 6.6%, while ALT/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.04682 ALT. In other words, to buy 5 Hermes Protocol, it would cost you 0.2341 ALT. Inversely, 1 ALT would allow you to trade for 21.36 HERMES while 50 ALT would convert to 1,067.90 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.73%. Meanwhile, in the last 24 hours, the rate has changed by 7.06%, and that the highest exchange rate of 1 HERMES to ALT was 0.05362 ALT and the lowest 24 hour value was 1 HERMES for 0.04661 ALT. Last month, 1 HERMES was worth 0.05232 ALT. Today, it's down 11.76%. Looking back a year, Hermes Protocol has changed by 0.1287 ALT. That means that in a single year, the value of Hermes Protocol has shrank by 174.93%.
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.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
Conversion tables
HERMES to ALT values from Today at 11:32 pm
0.5 HERMES = 0.02341 ALT |
1 HERMES = 0.04682 ALT |
5 HERMES = 0.2341 ALT |
10 HERMES = 0.4682 ALT |
50 HERMES = 2.34 ALT |
100 HERMES = 4.68 ALT |
500 HERMES = 23.41 ALT |
1,000 HERMES = 46.82 ALT |
ALT to HERMES values from Today at 11:33 pm
0.5 ALT = 10.68 HERMES |
1 ALT = 21.36 HERMES |
5 ALT = 106.79 HERMES |
10 ALT = 213.58 HERMES |
50 ALT = 1,067.90 HERMES |
100 ALT = 2,135.80 HERMES |
500 ALT = 10,679.00 HERMES |
1,000 ALT = 21,358.00 HERMES |
HERMES to ALT over time
HERMES | Today | 24H -7.06% | 1M -11.76% | 1Y -174.93% |
|---|---|---|---|---|
0.5 HERMES | 0.02341 ALT | 0.02506 ALT | 0.02616 ALT | 0.06436 ALT |
1 HERMES | 0.04682 ALT | 0.05013 ALT | 0.05232 ALT | 0.1287 ALT |
5 HERMES | 0.2341 ALT | 0.2506 ALT | 0.2616 ALT | 0.6436 ALT |
10 HERMES | 0.4682 ALT | 0.5013 ALT | 0.5232 ALT | 1.29 ALT |
50 HERMES | 2.34 ALT | 2.51 ALT | 2.62 ALT | 6.44 ALT |
100 HERMES | 4.68 ALT | 5.01 ALT | 5.23 ALT | 12.87 ALT |
500 HERMES | 23.41 ALT | 25.06 ALT | 26.16 ALT | 64.36 ALT |
1,000 HERMES | 46.82 ALT | 50.13 ALT | 52.32 ALT | 128.73 ALT |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002732.
Based on the current rate, you could get 3,660.33 HERMES for 1 USD.
Hermes Protocol price has been declining. Since yesterday, the exchange rate of Hermes Protocol has decreased. Since last month, the exchange rate of Hermes Protocol has decreased. Since this time last year, the price of Hermes Protocol has decreased.
You can use our HERMES to USD calculator at the top of this page to convert any amount of HERMES to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 18,301.63 HERMES. Inversely, 5 HERMES will cost about $0.001366
Hermes Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Hermes Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Hermes Protocol, including JP, Laika, and Kanagawa Nami. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
Buy Hermes Protocol with Coinbase
Create a Coinbase account to buy and sell Hermes Protocol on the most secure crypto exchange.
Related conversions
Learn how to buy popular cryptocurrencies
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.