Convert Hermes Protocol HERMES to Ondo US Dollar Yield USDY
HERMES to USDY: 1 Hermes Protocol converts to 0.0001322 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 0.0001322. Inversely, this means that if you convert 1 USDY you will get 7,565.84 HERMES. The conversion rate of HERMES/USDY has decreased by 0% in the last hour (USDY/HERMES increased by 0%). In the last 24 hours, HERMES/USDY shrunk by 0.13%, while USDY/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.0001322 USDY. In other words, to buy 5 Hermes Protocol, it would cost you 0.0006609 USDY. Inversely, 1 USDY would allow you to trade for 7,565.84 HERMES while 50 USDY would convert to 378,292.04 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.1%. Meanwhile, in the last 24 hours, the rate has changed by 0.14%, and that the highest exchange rate of 1 HERMES to USDY was 0.0001325 USDY and the lowest 24 hour value was 1 HERMES for 0.0001321 USDY. Last month, 1 HERMES was worth 0.000156 USDY. Today, it's down 18.03%. Looking back a year, Hermes Protocol has changed by 0.001531 USDY. That means that in a single year, the value of Hermes Protocol has shrank by 1,058.51%.
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 3:20 pm
0.5 HERMES = 0.00006609 USDY |
1 HERMES = 0.0001322 USDY |
5 HERMES = 0.0006609 USDY |
10 HERMES = 0.001322 USDY |
50 HERMES = 0.006609 USDY |
100 HERMES = 0.01322 USDY |
500 HERMES = 0.06609 USDY |
1,000 HERMES = 0.1322 USDY |
USDY to HERMES values from Today at 3:18 pm
0.5 USDY = 3,782.92 HERMES |
1 USDY = 7,565.84 HERMES |
5 USDY = 37,829.20 HERMES |
10 USDY = 75,658.41 HERMES |
50 USDY = 378,292.04 HERMES |
100 USDY = 756,584.08 HERMES |
500 USDY = 3,782,920.38 HERMES |
1,000 USDY = 7,565,840.75 HERMES |
HERMES to USDY over time
HERMES | Today | 24H -0.14% | 1M -18.03% | 1Y -1,058.51% |
|---|---|---|---|---|
0.5 HERMES | 0.00006609 USDY | 0.00006618 USDY | 0.000078 USDY | 0.0007656 USDY |
1 HERMES | 0.0001322 USDY | 0.0001324 USDY | 0.000156 USDY | 0.001531 USDY |
5 HERMES | 0.0006609 USDY | 0.0006618 USDY | 0.00078 USDY | 0.007656 USDY |
10 HERMES | 0.001322 USDY | 0.001324 USDY | 0.00156 USDY | 0.01531 USDY |
50 HERMES | 0.006609 USDY | 0.006618 USDY | 0.0078 USDY | 0.07656 USDY |
100 HERMES | 0.01322 USDY | 0.01324 USDY | 0.0156 USDY | 0.1531 USDY |
500 HERMES | 0.06609 USDY | 0.06618 USDY | 0.078 USDY | 0.7656 USDY |
1,000 HERMES | 0.1322 USDY | 0.1324 USDY | 0.156 USDY | 1.53 USDY |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0001516.
Based on the current rate, you could get 6,598.25 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 32,991.25 HERMES. Inversely, 5 HERMES will cost about $0.0007578
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 Yield Farm Crop, 永生果蝇 (Immortal Fruit Fly), and Peg. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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