Convert Hermes Protocol HERMES to Raydium RAY
HERMES to RAY: 1 Hermes Protocol converts to 0.0005115 RAY
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About HERMES and RAY
Hermes Protocol is climbing, while Raydium is falling this week. The current HERMES to RAY conversion rate is 0.0005115. Inversely, this means that if you convert 1 RAY you will get 1,955.13 HERMES. The conversion rate of HERMES/RAY has increased by 1.18% in the last hour (RAY/HERMES decreased by 1.18%). In the last 24 hours, HERMES/RAY grew by 4.64%, while RAY/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.0005115 RAY. In other words, to buy 5 Hermes Protocol, it would cost you 0.0025574 RAY. Inversely, 1 RAY would allow you to trade for 1,955.13 HERMES while 50 RAY would convert to 97,756.30 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.48%. Meanwhile, in the last 24 hours, the rate has changed by 5.27%, and that the highest exchange rate of 1 HERMES to RAY was 0.0005141 RAY and the lowest 24 hour value was 1 HERMES for 0.0004805 RAY. Last month, 1 HERMES was worth 0.0005309 RAY. Today, it's down 3.81%. Looking back a year, Hermes Protocol has changed by 0.001523 RAY. That means that in a single year, the value of Hermes Protocol has shrank by 197.77%.
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.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
HERMES to RAY values from Today at 6:18 am
0.5 HERMES = 0.0002557 RAY |
1 HERMES = 0.0005115 RAY |
5 HERMES = 0.002557 RAY |
10 HERMES = 0.005115 RAY |
50 HERMES = 0.02557 RAY |
100 HERMES = 0.05115 RAY |
500 HERMES = 0.2557 RAY |
1,000 HERMES = 0.5115 RAY |
RAY to HERMES values from Today at 6:20 am
0.5 RAY = 977.56 HERMES |
1 RAY = 1,955.13 HERMES |
5 RAY = 9,775.63 HERMES |
10 RAY = 19,551.26 HERMES |
50 RAY = 97,756.30 HERMES |
100 RAY = 195,512.60 HERMES |
500 RAY = 977,563.01 HERMES |
1,000 RAY = 1,955,126.02 HERMES |
HERMES to RAY over time
HERMES | Today | 24H 5.27% | 1M -3.81% | 1Y -197.77% |
|---|---|---|---|---|
0.5 HERMES | 0.0002557 RAY | 0.0002422 RAY | 0.0002655 RAY | 0.0007615 RAY |
1 HERMES | 0.0005115 RAY | 0.0004845 RAY | 0.0005309 RAY | 0.001523 RAY |
5 HERMES | 0.002557 RAY | 0.002422 RAY | 0.002655 RAY | 0.007615 RAY |
10 HERMES | 0.005115 RAY | 0.004845 RAY | 0.005309 RAY | 0.01523 RAY |
50 HERMES | 0.02557 RAY | 0.02422 RAY | 0.02655 RAY | 0.07615 RAY |
100 HERMES | 0.05115 RAY | 0.04845 RAY | 0.05309 RAY | 0.1523 RAY |
500 HERMES | 0.2557 RAY | 0.2422 RAY | 0.2655 RAY | 0.7615 RAY |
1,000 HERMES | 0.5115 RAY | 0.4845 RAY | 0.5309 RAY | 1.52 RAY |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0003003.
Based on the current rate, you could get 3,330.14 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 16,650.71 HERMES. Inversely, 5 HERMES will cost about $0.001501
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 PlutusDAO, Laika, and Shita-kiri Suzume. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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