Convert Hermes Protocol HERMES to Steakhouse USDC (Base) Morpho Vault STEAKUSDC
1 HERMES converts to 0.0002603 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 0.0002603. Inversely, this means that if you convert 1 STEAKUSDC you will get 3,841.05 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 0.73%, while STEAKUSDC/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0002603 STEAKUSDC. In other words, to buy 5 Hermes Protocol, it would cost you 0.0013017 STEAKUSDC. Inversely, 1 STEAKUSDC would allow you to trade for 3,841.05 HERMES while 50 STEAKUSDC would convert to 192,052.30 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.64%. Meanwhile, in the last 24 hours, the rate has changed by 0.71%, and that the highest exchange rate of 1 HERMES to STEAKUSDC was 0.0002629 STEAKUSDC and the lowest 24 hour value was 1 HERMES for 0.0002585 STEAKUSDC. Last month, 1 HERMES was worth 0.0003762 STEAKUSDC. Today, it's down 44.48%. Looking back a year, Hermes Protocol has changed by 0.002102 STEAKUSDC. That means that in a single year, the value of Hermes Protocol has shrank by 707.55%.
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 5:39 pm
0.5 HERMES = 0.0001302 STEAKUSDC |
1 HERMES = 0.0002603 STEAKUSDC |
5 HERMES = 0.001302 STEAKUSDC |
10 HERMES = 0.002603 STEAKUSDC |
50 HERMES = 0.01302 STEAKUSDC |
100 HERMES = 0.02603 STEAKUSDC |
500 HERMES = 0.1302 STEAKUSDC |
1,000 HERMES = 0.2603 STEAKUSDC |
STEAKUSDC to HERMES values from Today at 5:40 pm
0.5 STEAKUSDC = 1,920.52 HERMES |
1 STEAKUSDC = 3,841.05 HERMES |
5 STEAKUSDC = 19,205.23 HERMES |
10 STEAKUSDC = 38,410.46 HERMES |
50 STEAKUSDC = 192,052.30 HERMES |
100 STEAKUSDC = 384,104.60 HERMES |
500 STEAKUSDC = 1,920,522.99 HERMES |
1,000 STEAKUSDC = 3,841,045.98 HERMES |
HERMES to STEAKUSDC over time
HERMES | Today | 24H -0.71% | 1M -44.48% | 1Y -707.55% |
|---|---|---|---|---|
0.5 HERMES | 0.0001302 STEAKUSDC | 0.0001311 STEAKUSDC | 0.0001881 STEAKUSDC | 0.001051 STEAKUSDC |
1 HERMES | 0.0002603 STEAKUSDC | 0.0002622 STEAKUSDC | 0.0003762 STEAKUSDC | 0.002102 STEAKUSDC |
5 HERMES | 0.001302 STEAKUSDC | 0.001311 STEAKUSDC | 0.001881 STEAKUSDC | 0.01051 STEAKUSDC |
10 HERMES | 0.002603 STEAKUSDC | 0.002622 STEAKUSDC | 0.003762 STEAKUSDC | 0.02102 STEAKUSDC |
50 HERMES | 0.01302 STEAKUSDC | 0.01311 STEAKUSDC | 0.01881 STEAKUSDC | 0.1051 STEAKUSDC |
100 HERMES | 0.02603 STEAKUSDC | 0.02622 STEAKUSDC | 0.03762 STEAKUSDC | 0.2102 STEAKUSDC |
500 HERMES | 0.1302 STEAKUSDC | 0.1311 STEAKUSDC | 0.1881 STEAKUSDC | 1.05 STEAKUSDC |
1,000 HERMES | 0.2603 STEAKUSDC | 0.2622 STEAKUSDC | 0.3762 STEAKUSDC | 2.10 STEAKUSDC |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002845.
Based on the current rate, you could get 3,514.96 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 17,574.80 HERMES. Inversely, 5 HERMES will cost about $0.001422
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 Laika, Yaku, and Landboard. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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