Convert Hermes Protocol HERMES to Elastos ELA
HERMES to ELA: 1 Hermes Protocol converts to 0.0004985 ELA
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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 ELA
Hermes Protocol is climbing, while Elastos is falling this week. The current HERMES to ELA conversion rate is 0.0004985. Inversely, this means that if you convert 1 ELA you will get 2,005.87 HERMES. The conversion rate of HERMES/ELA has increased by 1.31% in the last hour (ELA/HERMES decreased by 1.31%). In the last 24 hours, HERMES/ELA grew by 1.96%, while ELA/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.0004985 ELA. In other words, to buy 5 Hermes Protocol, it would cost you 0.0024927 ELA. Inversely, 1 ELA would allow you to trade for 2,005.87 HERMES while 50 ELA would convert to 100,293.40 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.85%. Meanwhile, in the last 24 hours, the rate has changed by 2.56%, which means that the highest exchange rate of 1 HERMES to ELA was 0.0004985 ELA and the lowest 24 hour value was 1 HERMES for 0.0004804 ELA. Last month, 1 HERMES was worth 0.0007135 ELA. Today, it's down 43.11%. Looking back a year, Hermes Protocol has changed by 0.0007852 ELA. That means that in a single year, the value of Hermes Protocol has shrank by 57.5%.
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.
Elastos Market Stats
Elastos is a decentralized platform that uses a mainchain merged-mined with Bitcoin for security, along with multiple sidechains to run various functions and applications. ELA is the platform’s native token. It is used for governance, staking, transaction fees on both the mainchain and EVM-compatible sidechains, and other on-chain activities.
Conversion tables
HERMES to ELA values from Today at 9:13 am
0.5 HERMES = 0.0002493 ELA |
1 HERMES = 0.0004985 ELA |
5 HERMES = 0.002493 ELA |
10 HERMES = 0.004985 ELA |
50 HERMES = 0.02493 ELA |
100 HERMES = 0.04985 ELA |
500 HERMES = 0.2493 ELA |
1,000 HERMES = 0.4985 ELA |
ELA to HERMES values from Today at 9:06 am
0.5 ELA = 1,002.93 HERMES |
1 ELA = 2,005.87 HERMES |
5 ELA = 10,029.34 HERMES |
10 ELA = 20,058.68 HERMES |
50 ELA = 100,293.40 HERMES |
100 ELA = 200,586.81 HERMES |
500 ELA = 1,002,934.03 HERMES |
1,000 ELA = 2,005,868.05 HERMES |
HERMES to ELA over time
HERMES | Today | 24H 2.56% | 1M -43.11% | 1Y -57.50% |
|---|---|---|---|---|
0.5 HERMES | 0.0002493 ELA | 0.0002429 ELA | 0.0003567 ELA | 0.0003926 ELA |
1 HERMES | 0.0004985 ELA | 0.0004858 ELA | 0.0007135 ELA | 0.0007852 ELA |
5 HERMES | 0.002493 ELA | 0.002429 ELA | 0.003567 ELA | 0.003926 ELA |
10 HERMES | 0.004985 ELA | 0.004858 ELA | 0.007135 ELA | 0.007852 ELA |
50 HERMES | 0.02493 ELA | 0.02429 ELA | 0.03567 ELA | 0.03926 ELA |
100 HERMES | 0.04985 ELA | 0.04858 ELA | 0.07135 ELA | 0.07852 ELA |
500 HERMES | 0.2493 ELA | 0.2429 ELA | 0.3567 ELA | 0.3926 ELA |
1,000 HERMES | 0.4985 ELA | 0.4858 ELA | 0.7135 ELA | 0.7852 ELA |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0001516.
Based on the current rate, you could get 6,598.25 HERMES for 1 USD.
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 32,991.25 HERMES. Inversely, 5 HERMES will cost about $0.0007578
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 Gh0stCompute, Voya Financial, Inc. rStock, and RUFUS. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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