Convert Maker MKR to Hermes Protocol HERMES
1 MKR converts to 4,836,999.05 HERMES
About MKR and HERMES
Maker is falling, while Hermes Protocol is climbing this week. The current MKR to HERMES conversion rate is 4,836,999.05. Inversely, this means that if you convert 1 HERMES you will get 0.0000002067 MKR. The conversion rate of MKR/HERMES has increased by 0.22% in the last hour (HERMES/MKR decreased by 0.22%). In the last 24 hours, MKR/HERMES shrunk by 2.43%, while HERMES/MKR grew by the same amount.
The exchange rate of Maker is decreasing. The current value of 1 MKR is 4,836,999.05 HERMES. In other words, to buy 5 Maker, it would cost you 24,184,995.26 HERMES. Inversely, 1 HERMES would allow you to trade for 0.0000002067 MKR while 50 HERMES would convert to 0.00001034 MKR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.26%. Meanwhile, in the last 24 hours, the rate has changed by 1.83%, which means that the highest exchange rate of 1 MKR to HERMES was 5,136,625.57 HERMES and the lowest 24 hour value was 1 MKR for 4,747,213.04 HERMES. Last month, 1 MKR was worth 4,017,991.05 HERMES. Today, it's up 16.93%. Looking back a year, Maker has changed by 867,353.48 HERMES. That means that in a single year, the value of Maker has grown by 82.07%.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
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.
Conversion tables
MKR to HERMES values from Today at 7:37 pm
0.5 MKR = 2,418,499.53 HERMES |
1 MKR = 4,836,999.05 HERMES |
5 MKR = 24,184,995.26 HERMES |
10 MKR = 48,369,990.52 HERMES |
50 MKR = 241,849,952.61 HERMES |
100 MKR = 483,699,905.22 HERMES |
500 MKR = 2,418,499,526.11 HERMES |
1,000 MKR = 4,836,999,052.22 HERMES |
HERMES to MKR values from Today at 7:37 pm
0.5 HERMES = 0.0000001034 MKR |
1 HERMES = 0.0000002067 MKR |
5 HERMES = 0.000001034 MKR |
10 HERMES = 0.000002067 MKR |
50 HERMES = 0.00001034 MKR |
100 HERMES = 0.00002067 MKR |
500 HERMES = 0.0001034 MKR |
1,000 HERMES = 0.0002067 MKR |
MKR to HERMES over time
MKR | Today | 24H -1.83% | 1M 16.93% | 1Y 82.07% |
|---|---|---|---|---|
0.5 MKR | 2,418,499.53 HERMES | 2,462,774.93 HERMES | 2,008,995.52 HERMES | 433,676.74 HERMES |
1 MKR | 4,836,999.05 HERMES | 4,925,549.87 HERMES | 4,017,991.05 HERMES | 867,353.48 HERMES |
5 MKR | 24,184,995.26 HERMES | 24,627,749.34 HERMES | 20,089,955.25 HERMES | 4,336,767.41 HERMES |
10 MKR | 48,369,990.52 HERMES | 49,255,498.67 HERMES | 40,179,910.49 HERMES | 8,673,534.82 HERMES |
50 MKR | 241,849,952.61 HERMES | 246,277,493.37 HERMES | 200,899,552.47 HERMES | 43,367,674.08 HERMES |
100 MKR | 483,699,905.22 HERMES | 492,554,986.74 HERMES | 401,799,104.95 HERMES | 86,735,348.15 HERMES |
500 MKR | 2,418,499,526.11 HERMES | 2,462,774,933.72 HERMES | 2,008,995,524.73 HERMES | 433,676,740.77 HERMES |
1,000 MKR | 4,836,999,052.22 HERMES | 4,925,549,867.43 HERMES | 4,017,991,049.45 HERMES | 867,353,481.53 HERMES |
Frequently asked questions
Right now, 1 Maker is worth about $1,376.12.
Based on the current rate, you could get 0.0007267 MKR for 1 USD.
Maker price has been declining. Since yesterday, the exchange rate of Maker has decreased. Since last month, the exchange rate of Maker has decreased. Since this time last year, the price of Maker has decreased.
You can use our MKR to USD calculator at the top of this page to convert any amount of MKR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.003633 MKR. Inversely, 5 MKR will cost about $6,880.59
Maker is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Maker.
There are a number of crypto assets that have the a similar or comparable market cap to Maker, including Aave MKR V2, Wealth Crypto, and Moon. For a more robust list of assets to explore, jump to the asset page dedicated to Maker.
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