Convert Hermes Protocol HERMES to Steakhouse USDC (Base) Morpho Vault STEAKUSDC
HERMES to STEAKUSDC: 1 Hermes Protocol converts to 0.0001391 STEAKUSDC
About HERMES and STEAKUSDC
Hermes Protocol is falling, while Steakhouse USDC (Base) Morpho Vault is climbing this week. The current HERMES to STEAKUSDC conversion rate is 0.0001391. Inversely, this means that if you convert 1 STEAKUSDC you will get 7,190.95 HERMES. The conversion rate of HERMES/STEAKUSDC has decreased by 0% in the last hour (STEAKUSDC/HERMES increased by 0%). In the last 24 hours, HERMES/STEAKUSDC shrunk by 0.35%, while STEAKUSDC/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0001391 STEAKUSDC. In other words, to buy 5 Hermes Protocol, it would cost you 0.0006953 STEAKUSDC. Inversely, 1 STEAKUSDC would allow you to trade for 7,190.95 HERMES while 50 STEAKUSDC would convert to 359,547.55 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 57.43%. Meanwhile, in the last 24 hours, the rate has changed by 0.24%, and that the highest exchange rate of 1 HERMES to STEAKUSDC was 0.00014 STEAKUSDC and the lowest 24 hour value was 1 HERMES for 0.0001389 STEAKUSDC. Last month, 1 HERMES was worth 0.0002204 STEAKUSDC. Today, it's down 58.47%. Looking back a year, Hermes Protocol has changed by 0.001531 STEAKUSDC. That means that in a single year, the value of Hermes Protocol has shrank by 1,001.03%.
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.
Steakhouse USDC (Base) Morpho Vault Market Stats
Steakhouse vaults aims to optimize yields by lending deposited assets against blue chip crypto and real world asset (RWA) collateral markets, depending on market conditions. We call this the "dual engine." Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Conversion tables
HERMES to STEAKUSDC values from Today at 12:49 pm
0.5 HERMES = 0.00006953 STEAKUSDC |
1 HERMES = 0.0001391 STEAKUSDC |
5 HERMES = 0.0006953 STEAKUSDC |
10 HERMES = 0.001391 STEAKUSDC |
50 HERMES = 0.006953 STEAKUSDC |
100 HERMES = 0.01391 STEAKUSDC |
500 HERMES = 0.06953 STEAKUSDC |
1,000 HERMES = 0.1391 STEAKUSDC |
STEAKUSDC to HERMES values from Today at 12:50 pm
0.5 STEAKUSDC = 3,595.48 HERMES |
1 STEAKUSDC = 7,190.95 HERMES |
5 STEAKUSDC = 35,954.76 HERMES |
10 STEAKUSDC = 71,909.51 HERMES |
50 STEAKUSDC = 359,547.55 HERMES |
100 STEAKUSDC = 719,095.11 HERMES |
500 STEAKUSDC = 3,595,475.54 HERMES |
1,000 STEAKUSDC = 7,190,951.09 HERMES |
HERMES to STEAKUSDC over time
HERMES | Today | 24H -0.24% | 1M -58.47% | 1Y -1,001.03% |
|---|---|---|---|---|
0.5 HERMES | 0.00006953 STEAKUSDC | 0.0000697 STEAKUSDC | 0.0001102 STEAKUSDC | 0.0007656 STEAKUSDC |
1 HERMES | 0.0001391 STEAKUSDC | 0.0001394 STEAKUSDC | 0.0002204 STEAKUSDC | 0.001531 STEAKUSDC |
5 HERMES | 0.0006953 STEAKUSDC | 0.000697 STEAKUSDC | 0.001102 STEAKUSDC | 0.007656 STEAKUSDC |
10 HERMES | 0.001391 STEAKUSDC | 0.001394 STEAKUSDC | 0.002204 STEAKUSDC | 0.01531 STEAKUSDC |
50 HERMES | 0.006953 STEAKUSDC | 0.00697 STEAKUSDC | 0.01102 STEAKUSDC | 0.07656 STEAKUSDC |
100 HERMES | 0.01391 STEAKUSDC | 0.01394 STEAKUSDC | 0.02204 STEAKUSDC | 0.1531 STEAKUSDC |
500 HERMES | 0.06953 STEAKUSDC | 0.0697 STEAKUSDC | 0.1102 STEAKUSDC | 0.7656 STEAKUSDC |
1,000 HERMES | 0.1391 STEAKUSDC | 0.1394 STEAKUSDC | 0.2204 STEAKUSDC | 1.53 STEAKUSDC |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0001528.
Based on the current rate, you could get 6,542.52 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 32,712.58 HERMES. Inversely, 5 HERMES will cost about $0.0007642
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.
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