Convert Hermes Protocol HERMES to SmarDex SDEX
HERMES to SDEX: 1 Hermes Protocol converts to 0.3453 SDEX
About HERMES and SDEX
Hermes Protocol is falling, while SmarDex is climbing this week. The current HERMES to SDEX conversion rate is 0.3453. Inversely, this means that if you convert 1 SDEX you will get 2.90 HERMES. The conversion rate of HERMES/SDEX has increased by 0% in the last hour (SDEX/HERMES decreased by 0%). In the last 24 hours, HERMES/SDEX shrunk by 0.81%, while SDEX/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.3453 SDEX. In other words, to buy 5 Hermes Protocol, it would cost you 1.7267 SDEX. Inversely, 1 SDEX would allow you to trade for 2.90 HERMES while 50 SDEX would convert to 144.78 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.4%. Meanwhile, in the last 24 hours, the rate has changed by 0.71%, which means that the highest exchange rate of 1 HERMES to SDEX was 0.3508 SDEX and the lowest 24 hour value was 1 HERMES for 0.3442 SDEX. Last month, 1 HERMES was worth 0.4927 SDEX. Today, it's down 42.66%. Looking back a year, Hermes Protocol has changed by 0.351 SDEX. That means that in a single year, the value of Hermes Protocol has shrank by 1.63%.
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.
SmarDex Market Stats
SDEX is the token from the first DEX on the planet to fix Impermanent Loss. It is explained in a scientific paper here:
Conversion tables
HERMES to SDEX values from Today at 6:42 am
0.5 HERMES = 0.1727 SDEX |
1 HERMES = 0.3453 SDEX |
5 HERMES = 1.73 SDEX |
10 HERMES = 3.45 SDEX |
50 HERMES = 17.27 SDEX |
100 HERMES = 34.53 SDEX |
500 HERMES = 172.67 SDEX |
1,000 HERMES = 345.34 SDEX |
SDEX to HERMES values from Today at 6:41 am
0.5 SDEX = 1.45 HERMES |
1 SDEX = 2.90 HERMES |
5 SDEX = 14.48 HERMES |
10 SDEX = 28.96 HERMES |
50 SDEX = 144.78 HERMES |
100 SDEX = 289.57 HERMES |
500 SDEX = 1,447.85 HERMES |
1,000 SDEX = 2,895.69 HERMES |
HERMES to SDEX over time
HERMES | Today | 24H -0.71% | 1M -42.66% | 1Y -1.63% |
|---|---|---|---|---|
0.5 HERMES | 0.1727 SDEX | 0.1739 SDEX | 0.2463 SDEX | 0.1755 SDEX |
1 HERMES | 0.3453 SDEX | 0.3478 SDEX | 0.4927 SDEX | 0.351 SDEX |
5 HERMES | 1.73 SDEX | 1.74 SDEX | 2.46 SDEX | 1.75 SDEX |
10 HERMES | 3.45 SDEX | 3.48 SDEX | 4.93 SDEX | 3.51 SDEX |
50 HERMES | 17.27 SDEX | 17.39 SDEX | 24.63 SDEX | 17.55 SDEX |
100 HERMES | 34.53 SDEX | 34.78 SDEX | 49.27 SDEX | 35.10 SDEX |
500 HERMES | 172.67 SDEX | 173.90 SDEX | 246.33 SDEX | 175.48 SDEX |
1,000 HERMES | 345.34 SDEX | 347.81 SDEX | 492.66 SDEX | 350.97 SDEX |
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 牛马 (Niu Ma), IDX9000, and Yield Farm Crop. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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