Convert Hermes Protocol HERMES to Balancer BAL
HERMES to BAL: 1 Hermes Protocol converts to 0.001312 BAL
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 BAL
Hermes Protocol is climbing, while Balancer is falling this week. The current HERMES to BAL conversion rate is 0.001312. Inversely, this means that if you convert 1 BAL you will get 762.06 HERMES. The conversion rate of HERMES/BAL has decreased by 0% in the last hour (BAL/HERMES increased by 0%). In the last 24 hours, HERMES/BAL grew by 3.67%, while BAL/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.001312 BAL. In other words, to buy 5 Hermes Protocol, it would cost you 0.006561 BAL. Inversely, 1 BAL would allow you to trade for 762.06 HERMES while 50 BAL would convert to 38,102.81 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.74%. Meanwhile, in the last 24 hours, the rate has changed by 3.93%, and that the highest exchange rate of 1 HERMES to BAL was 0.001836 BAL and the lowest 24 hour value was 1 HERMES for 0.001252 BAL. Last month, 1 HERMES was worth 0.002139 BAL. Today, it's down 62.99%. Looking back a year, Hermes Protocol has changed by 0.001258 BAL. That means that in a single year, the value of Hermes Protocol has grown by 4.13%.
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 4:49 am
0.5 HERMES = 0.0006561 BAL |
1 HERMES = 0.001312 BAL |
5 HERMES = 0.006561 BAL |
10 HERMES = 0.01312 BAL |
50 HERMES = 0.06561 BAL |
100 HERMES = 0.1312 BAL |
500 HERMES = 0.6561 BAL |
1,000 HERMES = 1.31 BAL |
BAL to HERMES values from Today at 4:48 am
0.5 BAL = 381.03 HERMES |
1 BAL = 762.06 HERMES |
5 BAL = 3,810.28 HERMES |
10 BAL = 7,620.56 HERMES |
50 BAL = 38,102.81 HERMES |
100 BAL = 76,205.63 HERMES |
500 BAL = 381,028.13 HERMES |
1,000 BAL = 762,056.26 HERMES |
HERMES to BAL over time
HERMES | Today | 24H 3.93% | 1M -62.99% | 1Y 4.13% |
|---|---|---|---|---|
0.5 HERMES | 0.0006561 BAL | 0.0006303 BAL | 0.001069 BAL | 0.000629 BAL |
1 HERMES | 0.001312 BAL | 0.001261 BAL | 0.002139 BAL | 0.001258 BAL |
5 HERMES | 0.006561 BAL | 0.006303 BAL | 0.01069 BAL | 0.00629 BAL |
10 HERMES | 0.01312 BAL | 0.01261 BAL | 0.02139 BAL | 0.01258 BAL |
50 HERMES | 0.06561 BAL | 0.06303 BAL | 0.1069 BAL | 0.0629 BAL |
100 HERMES | 0.1312 BAL | 0.1261 BAL | 0.2139 BAL | 0.1258 BAL |
500 HERMES | 0.6561 BAL | 0.6303 BAL | 1.07 BAL | 0.629 BAL |
1,000 HERMES | 1.31 BAL | 1.26 BAL | 2.14 BAL | 1.26 BAL |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0001541.
Based on the current rate, you could get 6,487.88 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 32,439.42 HERMES. Inversely, 5 HERMES will cost about $0.0007707
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 Landboard, Kanagawa Nami, and Styleo Coin. 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
Popular prediction markets
Discover other cryptocurrencies to currency 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.