Convert Hermes Protocol HERMES to Stader SD
HERMES to SD: 1 Hermes Protocol converts to 0.001303 SD
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About HERMES and SD
Hermes Protocol is falling, while Stader is climbing this week. The current HERMES to SD conversion rate is 0.001303. Inversely, this means that if you convert 1 SD you will get 767.32 HERMES. The conversion rate of HERMES/SD has increased by 0.43% in the last hour (SD/HERMES decreased by 0.43%). In the last 24 hours, HERMES/SD shrunk by 2.23%, while SD/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.001303 SD. In other words, to buy 5 Hermes Protocol, it would cost you 0.006516 SD. Inversely, 1 SD would allow you to trade for 767.32 HERMES while 50 SD would convert to 38,366.23 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.3%. Meanwhile, in the last 24 hours, the rate has changed by 1.88%, and that the highest exchange rate of 1 HERMES to SD was 0.001342 SD and the lowest 24 hour value was 1 HERMES for 0.001263 SD. Last month, 1 HERMES was worth 0.00187 SD. Today, it's down 43.47%. Looking back a year, Hermes Protocol has changed by 0.00269 SD. That means that in a single year, the value of Hermes Protocol has shrank by 106.39%.
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.
Stader Market Stats
Stader enables liquid staking across multiple chains. SD enables holders to participate in Stader governance and become ETHx node operators. SD holders can earn SD rewards by providing liquidity to Stader LSTs or by locking SD tokens as collateral to become ETHx node operators.
Conversion tables
HERMES to SD values from Today at 5:00 am
0.5 HERMES = 0.0006516 SD |
1 HERMES = 0.001303 SD |
5 HERMES = 0.006516 SD |
10 HERMES = 0.01303 SD |
50 HERMES = 0.06516 SD |
100 HERMES = 0.1303 SD |
500 HERMES = 0.6516 SD |
1,000 HERMES = 1.30 SD |
SD to HERMES values from Today at 4:59 am
0.5 SD = 383.66 HERMES |
1 SD = 767.32 HERMES |
5 SD = 3,836.62 HERMES |
10 SD = 7,673.25 HERMES |
50 SD = 38,366.23 HERMES |
100 SD = 76,732.47 HERMES |
500 SD = 383,662.34 HERMES |
1,000 SD = 767,324.67 HERMES |
HERMES to SD over time
HERMES | Today | 24H -1.88% | 1M -43.47% | 1Y -106.39% |
|---|---|---|---|---|
0.5 HERMES | 0.0006516 SD | 0.0006638 SD | 0.0009349 SD | 0.001345 SD |
1 HERMES | 0.001303 SD | 0.001328 SD | 0.00187 SD | 0.00269 SD |
5 HERMES | 0.006516 SD | 0.006638 SD | 0.009349 SD | 0.01345 SD |
10 HERMES | 0.01303 SD | 0.01328 SD | 0.0187 SD | 0.0269 SD |
50 HERMES | 0.06516 SD | 0.06638 SD | 0.09349 SD | 0.1345 SD |
100 HERMES | 0.1303 SD | 0.1328 SD | 0.187 SD | 0.269 SD |
500 HERMES | 0.6516 SD | 0.6638 SD | 0.9349 SD | 1.34 SD |
1,000 HERMES | 1.30 SD | 1.33 SD | 1.87 SD | 2.69 SD |
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 PlatON Network, Papyrus Swap, and Prodigy Bot. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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