Convert Hermes Protocol HERMES to Ondo US Dollar Yield USDY
1 HERMES converts to 0.0002589 USDY
About HERMES and USDY
Hermes Protocol is falling, while Ondo US Dollar Yield is climbing this week. The current HERMES to USDY conversion rate is 0.0002589. Inversely, this means that if you convert 1 USDY you will get 3,862.52 HERMES. The conversion rate of HERMES/USDY has decreased by 0.03% in the last hour (USDY/HERMES increased by 0.03%). In the last 24 hours, HERMES/USDY shrunk by 1.29%, while USDY/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0002589 USDY. In other words, to buy 5 Hermes Protocol, it would cost you 0.0012945 USDY. Inversely, 1 USDY would allow you to trade for 3,862.52 HERMES while 50 USDY would convert to 193,126.01 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.85%. Meanwhile, in the last 24 hours, the rate has changed by 1.79%, which means that the highest exchange rate of 1 HERMES to USDY was 0.0002636 USDY and the lowest 24 hour value was 1 HERMES for 0.0002588 USDY. Last month, 1 HERMES was worth 0.0003421 USDY. Today, it's down 32.13%. Looking back a year, Hermes Protocol has changed by 0.002773 USDY. That means that in a single year, the value of Hermes Protocol has shrank by 971.11%.
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.
Ondo US Dollar Yield Market Stats
Ondo US Dollar Yield (USDY) is a cryptocurrency and operates on the Ethereum platform. Ondo US Dollar Yield has a current supply of 1,888,621,272.77097648. The last known price of Ondo US Dollar Yield is 1.13339395 USD and is down -0.05 over the last 24 hours. It is currently trading on 53 active market(s) with $23,431.93 traded over the last 24 hours.
Conversion tables
HERMES to USDY values from Today at 9:15 pm
0.5 HERMES = 0.0001294 USDY |
1 HERMES = 0.0002589 USDY |
5 HERMES = 0.001294 USDY |
10 HERMES = 0.002589 USDY |
50 HERMES = 0.01294 USDY |
100 HERMES = 0.02589 USDY |
500 HERMES = 0.1294 USDY |
1,000 HERMES = 0.2589 USDY |
USDY to HERMES values from Today at 9:16 pm
0.5 USDY = 1,931.26 HERMES |
1 USDY = 3,862.52 HERMES |
5 USDY = 19,312.60 HERMES |
10 USDY = 38,625.20 HERMES |
50 USDY = 193,126.01 HERMES |
100 USDY = 386,252.01 HERMES |
500 USDY = 1,931,260.06 HERMES |
1,000 USDY = 3,862,520.11 HERMES |
HERMES to USDY over time
HERMES | Today | 24H -1.79% | 1M -32.13% | 1Y -971.11% |
|---|---|---|---|---|
0.5 HERMES | 0.0001294 USDY | 0.0001318 USDY | 0.000171 USDY | 0.001387 USDY |
1 HERMES | 0.0002589 USDY | 0.0002635 USDY | 0.0003421 USDY | 0.002773 USDY |
5 HERMES | 0.001294 USDY | 0.001318 USDY | 0.00171 USDY | 0.01387 USDY |
10 HERMES | 0.002589 USDY | 0.002635 USDY | 0.003421 USDY | 0.02773 USDY |
50 HERMES | 0.01294 USDY | 0.01318 USDY | 0.0171 USDY | 0.1387 USDY |
100 HERMES | 0.02589 USDY | 0.02635 USDY | 0.03421 USDY | 0.2773 USDY |
500 HERMES | 0.1294 USDY | 0.1318 USDY | 0.171 USDY | 1.39 USDY |
1,000 HERMES | 0.2589 USDY | 0.2635 USDY | 0.3421 USDY | 2.77 USDY |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0002937.
Based on the current rate, you could get 3,404.97 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 17,024.85 HERMES. Inversely, 5 HERMES will cost about $0.001468
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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