Convert Hermes Protocol HERMES to Yield Basis YB
HERMES to YB: 1 Hermes Protocol converts to 0.001563 YB
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About HERMES and YB
Hermes Protocol is climbing, while Yield Basis is falling this week. The current HERMES to YB conversion rate is 0.001563. Inversely, this means that if you convert 1 YB you will get 639.91 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 0.6%, while YB/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.001563 YB. In other words, to buy 5 Hermes Protocol, it would cost you 0.007814 YB. Inversely, 1 YB would allow you to trade for 639.91 HERMES while 50 YB would convert to 31,995.56 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 29.51%. Meanwhile, in the last 24 hours, the rate has changed by 0.82%, and that the highest exchange rate of 1 HERMES to YB was 0.00157 YB and the lowest 24 hour value was 1 HERMES for 0.001478 YB. Last month, 1 HERMES was worth 0.003892 YB. Today, it's down 149.04%. 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 3:40 am
0.5 HERMES = 0.0007814 YB |
1 HERMES = 0.001563 YB |
5 HERMES = 0.007814 YB |
10 HERMES = 0.01563 YB |
50 HERMES = 0.07814 YB |
100 HERMES = 0.1563 YB |
500 HERMES = 0.7814 YB |
1,000 HERMES = 1.56 YB |
YB to HERMES values from Today at 3:40 am
0.5 YB = 319.96 HERMES |
1 YB = 639.91 HERMES |
5 YB = 3,199.56 HERMES |
10 YB = 6,399.11 HERMES |
50 YB = 31,995.56 HERMES |
100 YB = 63,991.11 HERMES |
500 YB = 319,955.55 HERMES |
1,000 YB = 639,911.11 HERMES |
HERMES to YB over time
HERMES | Today | 24H 0.82% | 1M -149.04% | 1Y -3.41% |
|---|---|---|---|---|
0.5 HERMES | 0.0007814 YB | 0.000775 YB | 0.001946 YB | 0.000808 YB |
1 HERMES | 0.001563 YB | 0.00155 YB | 0.003892 YB | 0.001616 YB |
5 HERMES | 0.007814 YB | 0.00775 YB | 0.01946 YB | 0.00808 YB |
10 HERMES | 0.01563 YB | 0.0155 YB | 0.03892 YB | 0.01616 YB |
50 HERMES | 0.07814 YB | 0.0775 YB | 0.1946 YB | 0.0808 YB |
100 HERMES | 0.1563 YB | 0.155 YB | 0.3892 YB | 0.1616 YB |
500 HERMES | 0.7814 YB | 0.775 YB | 1.95 YB | 0.808 YB |
1,000 HERMES | 1.56 YB | 1.55 YB | 3.89 YB | 1.62 YB |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about $0.0001487.
Based on the current rate, you could get 6,726.36 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 33,631.78 HERMES. Inversely, 5 HERMES will cost about $0.0007433
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 Landboard, 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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