Convert Hermes Protocol HERMES to Yield Basis YB
1 HERMES converts to 0.003447 YB
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Restrictions apply, see full terms.
About HERMES and YB
Hermes Protocol is climbing, while Yield Basis is falling this week. The current HERMES to YB conversion rate is 0.003447. Inversely, this means that if you convert 1 YB you will get 290.08 HERMES. The conversion rate of HERMES/YB has decreased by 0% in the last hour (YB/HERMES increased by 0%). In the last 24 hours, HERMES/YB grew by 3.79%, while YB/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.003447 YB. In other words, to buy 5 Hermes Protocol, it would cost you 0.017237 YB. Inversely, 1 YB would allow you to trade for 290.08 HERMES while 50 YB would convert to 14,504.08 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 8.19%. Meanwhile, in the last 24 hours, the rate has changed by 3.65%, which means that the highest exchange rate of 1 HERMES to YB was 0.003457 YB and the lowest 24 hour value was 1 HERMES for 0.003257 YB. Last month, 1 HERMES was worth 0.003258 YB. Today, it's up 5.48%. Looking back a year, Hermes Protocol has changed by ∞ YB. That means that in a single year, the value of Hermes Protocol has shrank by ∞%.
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.
Yield Basis Market Stats
YB is the native token of Yield Basis, an advanced automated market maker (AMM) platform designed to provide sustainable, impermanent loss-free yield—particularly for Bitcoin (BTC) and Ethereum (ETH) holders.
Conversion tables
HERMES to YB values from Today at 4:12 am
0.5 HERMES = 0.001724 YB |
1 HERMES = 0.003447 YB |
5 HERMES = 0.01724 YB |
10 HERMES = 0.03447 YB |
50 HERMES = 0.1724 YB |
100 HERMES = 0.3447 YB |
500 HERMES = 1.72 YB |
1,000 HERMES = 3.45 YB |
YB to HERMES values from Today at 4:14 am
0.5 YB = 145.04 HERMES |
1 YB = 290.08 HERMES |
5 YB = 1,450.41 HERMES |
10 YB = 2,900.82 HERMES |
50 YB = 14,504.08 HERMES |
100 YB = 29,008.17 HERMES |
500 YB = 145,040.84 HERMES |
1,000 YB = 290,081.67 HERMES |
HERMES to YB over time
HERMES | Today | 24H 3.65% | 1M 5.48% | 1Y 7.63% |
|---|---|---|---|---|
0.5 HERMES | 0.001724 YB | 0.001661 YB | 0.001629 YB | 0.001592 YB |
1 HERMES | 0.003447 YB | 0.003322 YB | 0.003258 YB | 0.003184 YB |
5 HERMES | 0.01724 YB | 0.01661 YB | 0.01629 YB | 0.01592 YB |
10 HERMES | 0.03447 YB | 0.03322 YB | 0.03258 YB | 0.03184 YB |
50 HERMES | 0.1724 YB | 0.1661 YB | 0.1629 YB | 0.1592 YB |
100 HERMES | 0.3447 YB | 0.3322 YB | 0.3258 YB | 0.3184 YB |
500 HERMES | 1.72 YB | 1.66 YB | 1.63 YB | 1.59 YB |
1,000 HERMES | 3.45 YB | 3.32 YB | 3.26 YB | 3.18 YB |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.000297.
Based on the current rate, you could get 3,367.17 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 16,835.85 HERMES. Inversely, 5 HERMES will cost about $0.001485
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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