Convert Hermes Protocol HERMES to USDS USDS
1 HERMES converts to 0.0002709 USDS
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Restrictions apply, see full terms.
About HERMES and USDS
Hermes Protocol is falling, while USDS is climbing this week. The current HERMES to USDS conversion rate is 0.0002709. Inversely, this means that if you convert 1 USDS you will get 3,691.23 HERMES. The conversion rate of HERMES/USDS has increased by 0.29% in the last hour (USDS/HERMES decreased by 0.29%). In the last 24 hours, HERMES/USDS shrunk by 2.12%, while USDS/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0002709 USDS. In other words, to buy 5 Hermes Protocol, it would cost you 0.0013546 USDS. Inversely, 1 USDS would allow you to trade for 3,691.23 HERMES while 50 USDS would convert to 184,561.75 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 35.28%. Meanwhile, in the last 24 hours, the rate has changed by 1.87%, and that the highest exchange rate of 1 HERMES to USDS was 0.0002807 USDS and the lowest 24 hour value was 1 HERMES for 0.0002674 USDS. Last month, 1 HERMES was worth 0.0004126 USDS. Today, it's down 52.32%. Looking back a year, Hermes Protocol has changed by 0.00274 USDS. That means that in a single year, the value of Hermes Protocol has shrank by 911.31%.
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.
USDS Market Stats
The USDS token is a decentralized, collateral-backed stablecoin native to the Sky Protocol (formerly MakerDAO). It is designed to maintain a value pegged to the US dollar and serves as the upgraded successor to DAI.
Conversion tables
HERMES to USDS values from Today at 7:23 pm
0.5 HERMES = 0.0001355 USDS |
1 HERMES = 0.0002709 USDS |
5 HERMES = 0.001355 USDS |
10 HERMES = 0.002709 USDS |
50 HERMES = 0.01355 USDS |
100 HERMES = 0.02709 USDS |
500 HERMES = 0.1355 USDS |
1,000 HERMES = 0.2709 USDS |
USDS to HERMES values from Today at 7:23 pm
0.5 USDS = 1,845.62 HERMES |
1 USDS = 3,691.23 HERMES |
5 USDS = 18,456.17 HERMES |
10 USDS = 36,912.35 HERMES |
50 USDS = 184,561.75 HERMES |
100 USDS = 369,123.49 HERMES |
500 USDS = 1,845,617.46 HERMES |
1,000 USDS = 3,691,234.91 HERMES |
HERMES to USDS over time
HERMES | Today | 24H -1.87% | 1M -52.32% | 1Y -911.31% |
|---|---|---|---|---|
0.5 HERMES | 0.0001355 USDS | 0.000138 USDS | 0.0002063 USDS | 0.00137 USDS |
1 HERMES | 0.0002709 USDS | 0.000276 USDS | 0.0004126 USDS | 0.00274 USDS |
5 HERMES | 0.001355 USDS | 0.00138 USDS | 0.002063 USDS | 0.0137 USDS |
10 HERMES | 0.002709 USDS | 0.00276 USDS | 0.004126 USDS | 0.0274 USDS |
50 HERMES | 0.01355 USDS | 0.0138 USDS | 0.02063 USDS | 0.137 USDS |
100 HERMES | 0.02709 USDS | 0.0276 USDS | 0.04126 USDS | 0.274 USDS |
500 HERMES | 0.1355 USDS | 0.138 USDS | 0.2063 USDS | 1.37 USDS |
1,000 HERMES | 0.2709 USDS | 0.276 USDS | 0.4126 USDS | 2.74 USDS |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002709.
Based on the current rate, you could get 3,691.60 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 18,458.02 HERMES. Inversely, 5 HERMES will cost about $0.001354
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 Styleo Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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