Convert Hermes Protocol HERMES to Balancer BAL
1 HERMES converts to 0.002736 BAL
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Restrictions apply, see full terms.
Restrictions apply, see full terms.
About HERMES and BAL
Hermes Protocol is climbing, while Balancer is falling this week. The current HERMES to BAL conversion rate is 0.002736. Inversely, this means that if you convert 1 BAL you will get 365.52 HERMES. The conversion rate of HERMES/BAL has increased by 0.49% in the last hour (BAL/HERMES decreased by 0.49%). In the last 24 hours, HERMES/BAL grew by 3.81%, while BAL/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.002736 BAL. In other words, to buy 5 Hermes Protocol, it would cost you 0.013679 BAL. Inversely, 1 BAL would allow you to trade for 365.52 HERMES while 50 BAL would convert to 18,275.83 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.33%. Meanwhile, in the last 24 hours, the rate has changed by 3.21%, and that the highest exchange rate of 1 HERMES to BAL was 0.002769 BAL and the lowest 24 hour value was 1 HERMES for 0.002441 BAL. Last month, 1 HERMES was worth 0.002574 BAL. Today, it's up 5.93%. Looking back a year, Hermes Protocol has changed by 0.002434 BAL. That means that in a single year, the value of Hermes Protocol has grown by 11.03%.
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.
Balancer Market Stats
Balancer (BAL) is an Ethereum token that powers the Balancer protocol, an automated market maker that lets anyone create or add liquidity to trading pools while earning customizable trading fees. Balancer pools can have up to 8 tokens and each token can be individually weighted within the pool, such that one token can make up as little as 2% of the total.
Conversion tables
HERMES to BAL values from Today at 6:58 pm
0.5 HERMES = 0.001368 BAL |
1 HERMES = 0.002736 BAL |
5 HERMES = 0.01368 BAL |
10 HERMES = 0.02736 BAL |
50 HERMES = 0.1368 BAL |
100 HERMES = 0.2736 BAL |
500 HERMES = 1.37 BAL |
1,000 HERMES = 2.74 BAL |
BAL to HERMES values from Today at 6:59 pm
0.5 BAL = 182.76 HERMES |
1 BAL = 365.52 HERMES |
5 BAL = 1,827.58 HERMES |
10 BAL = 3,655.17 HERMES |
50 BAL = 18,275.83 HERMES |
100 BAL = 36,551.66 HERMES |
500 BAL = 182,758.31 HERMES |
1,000 BAL = 365,516.62 HERMES |
HERMES to BAL over time
HERMES | Today | 24H 3.21% | 1M 5.93% | 1Y 11.03% |
|---|---|---|---|---|
0.5 HERMES | 0.001368 BAL | 0.001324 BAL | 0.001287 BAL | 0.001217 BAL |
1 HERMES | 0.002736 BAL | 0.002648 BAL | 0.002574 BAL | 0.002434 BAL |
5 HERMES | 0.01368 BAL | 0.01324 BAL | 0.01287 BAL | 0.01217 BAL |
10 HERMES | 0.02736 BAL | 0.02648 BAL | 0.02574 BAL | 0.02434 BAL |
50 HERMES | 0.1368 BAL | 0.1324 BAL | 0.1287 BAL | 0.1217 BAL |
100 HERMES | 0.2736 BAL | 0.2648 BAL | 0.2574 BAL | 0.2434 BAL |
500 HERMES | 1.37 BAL | 1.32 BAL | 1.29 BAL | 1.22 BAL |
1,000 HERMES | 2.74 BAL | 2.65 BAL | 2.57 BAL | 2.43 BAL |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002881.
Based on the current rate, you could get 3,471.19 HERMES for 1 USD.
Hermes Protocol price has been on the rise. Since yesterday, the exchange rate of Hermes Protocol has increased. 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 17,355.96 HERMES. Inversely, 5 HERMES will cost about $0.00144
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 Laika, Kanagawa Nami, and Landboard. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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