Convert Hermes Protocol HERMES to TrueFi TRU
1 HERMES converts to 0.1485 TRU
About HERMES and TRU
Hermes Protocol is falling, while TrueFi is climbing this week. The current HERMES to TRU conversion rate is 0.1485. Inversely, this means that if you convert 1 TRU you will get 6.73 HERMES. The conversion rate of HERMES/TRU has decreased by 0.23% in the last hour (TRU/HERMES increased by 0.23%). In the last 24 hours, HERMES/TRU shrunk by 31.62%, while TRU/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.1485 TRU. In other words, to buy 5 Hermes Protocol, it would cost you 0.7427 TRU. Inversely, 1 TRU would allow you to trade for 6.73 HERMES while 50 TRU would convert to 336.60 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 144.64%. Meanwhile, in the last 24 hours, the rate has changed by 32.04%, and that the highest exchange rate of 1 HERMES to TRU was 0.3231 TRU and the lowest 24 hour value was 1 HERMES for 0.1423 TRU. Last month, 1 HERMES was worth 0.2006 TRU. Today, it's down 35.01%. Looking back a year, Hermes Protocol has changed by 0.07265 TRU. That means that in a single year, the value of Hermes Protocol has grown by 51.09%.
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.
TrueFi Market Stats
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
Conversion tables
HERMES to TRU values from Today at 2:01 am
0.5 HERMES = 0.07427 TRU |
1 HERMES = 0.1485 TRU |
5 HERMES = 0.7427 TRU |
10 HERMES = 1.49 TRU |
50 HERMES = 7.43 TRU |
100 HERMES = 14.85 TRU |
500 HERMES = 74.27 TRU |
1,000 HERMES = 148.55 TRU |
TRU to HERMES values from Today at 2:02 am
0.5 TRU = 3.37 HERMES |
1 TRU = 6.73 HERMES |
5 TRU = 33.66 HERMES |
10 TRU = 67.32 HERMES |
50 TRU = 336.60 HERMES |
100 TRU = 673.19 HERMES |
500 TRU = 3,365.95 HERMES |
1,000 TRU = 6,731.90 HERMES |
HERMES to TRU over time
HERMES | Today | 24H -32.04% | 1M -35.01% | 1Y 51.09% |
|---|---|---|---|---|
0.5 HERMES | 0.07427 TRU | 0.09807 TRU | 0.1003 TRU | 0.03632 TRU |
1 HERMES | 0.1485 TRU | 0.1961 TRU | 0.2006 TRU | 0.07265 TRU |
5 HERMES | 0.7427 TRU | 0.9807 TRU | 1.00 TRU | 0.3632 TRU |
10 HERMES | 1.49 TRU | 1.96 TRU | 2.01 TRU | 0.7265 TRU |
50 HERMES | 7.43 TRU | 9.81 TRU | 10.03 TRU | 3.63 TRU |
100 HERMES | 14.85 TRU | 19.61 TRU | 20.06 TRU | 7.26 TRU |
500 HERMES | 74.27 TRU | 98.07 TRU | 100.28 TRU | 36.32 TRU |
1,000 HERMES | 148.55 TRU | 196.15 TRU | 200.56 TRU | 72.65 TRU |
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.
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, Kanagawa Nami, and Landboard. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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