Convert Raydium RAY to Hermes Protocol HERMES
1 RAY converts to 1,958.43 HERMES
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About RAY and HERMES
Raydium is falling, while Hermes Protocol is climbing this week. The current RAY to HERMES conversion rate is 1,958.43. Inversely, this means that if you convert 1 HERMES you will get 0.0005106 RAY. The conversion rate of RAY/HERMES has decreased by 1.06% in the last hour (HERMES/RAY increased by 1.06%). In the last 24 hours, RAY/HERMES shrunk by 5.91%, while HERMES/RAY grew by the same amount.
The exchange rate of Raydium is decreasing. The current value of 1 RAY is 1,958.43 HERMES. In other words, to buy 5 Raydium, it would cost you 9,792.17 HERMES. Inversely, 1 HERMES would allow you to trade for 0.0005106 RAY while 50 HERMES would convert to 0.02553 RAY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.45%. Meanwhile, in the last 24 hours, the rate has changed by 7.04%, which means that the highest exchange rate of 1 RAY to HERMES was 2,096.29 HERMES and the lowest 24 hour value was 1 RAY for 1,948.92 HERMES. Last month, 1 RAY was worth 1,883.44 HERMES. Today, it's up 3.83%. Looking back a year, Raydium has changed by 656.59 HERMES. That means that in a single year, the value of Raydium has grown by 66.47%.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
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
RAY to HERMES values from Today at 3:43 am
0.5 RAY = 979.22 HERMES |
1 RAY = 1,958.43 HERMES |
5 RAY = 9,792.17 HERMES |
10 RAY = 19,584.35 HERMES |
50 RAY = 97,921.74 HERMES |
100 RAY = 195,843.48 HERMES |
500 RAY = 979,217.40 HERMES |
1,000 RAY = 1,958,434.81 HERMES |
HERMES to RAY values from Today at 3:41 am
0.5 HERMES = 0.0002553 RAY |
1 HERMES = 0.0005106 RAY |
5 HERMES = 0.002553 RAY |
10 HERMES = 0.005106 RAY |
50 HERMES = 0.02553 RAY |
100 HERMES = 0.05106 RAY |
500 HERMES = 0.2553 RAY |
1,000 HERMES = 0.5106 RAY |
RAY to HERMES over time
RAY | Today | 24H -7.04% | 1M 3.83% | 1Y 66.47% |
|---|---|---|---|---|
0.5 RAY | 979.22 HERMES | 1,048.14 HERMES | 941.72 HERMES | 328.30 HERMES |
1 RAY | 1,958.43 HERMES | 2,096.29 HERMES | 1,883.44 HERMES | 656.59 HERMES |
5 RAY | 9,792.17 HERMES | 10,481.43 HERMES | 9,417.20 HERMES | 3,282.97 HERMES |
10 RAY | 19,584.35 HERMES | 20,962.87 HERMES | 18,834.40 HERMES | 6,565.95 HERMES |
50 RAY | 97,921.74 HERMES | 104,814.33 HERMES | 94,171.99 HERMES | 32,829.74 HERMES |
100 RAY | 195,843.48 HERMES | 209,628.66 HERMES | 188,343.98 HERMES | 65,659.48 HERMES |
500 RAY | 979,217.40 HERMES | 1,048,143.28 HERMES | 941,719.88 HERMES | 328,297.40 HERMES |
1,000 RAY | 1,958,434.81 HERMES | 2,096,286.56 HERMES | 1,883,439.76 HERMES | 656,594.79 HERMES |
Frequently asked questions
Right now, 1 Raydium is worth about $0.6021.
Based on the current rate, you could get 1.66 RAY for 1 USD.
Raydium price has been declining. Since yesterday, the exchange rate of Raydium has decreased. Since last month, the exchange rate of Raydium has decreased. Since this time last year, the price of Raydium has decreased.
You can use our RAY to USD calculator at the top of this page to convert any amount of RAY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 8.30 RAY. Inversely, 5 RAY will cost about $3.01
Raydium is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Raydium.
There are a number of crypto assets that have the a similar or comparable market cap to Raydium, including The Sandbox, Neo, and Compound. For a more robust list of assets to explore, jump to the asset page dedicated to Raydium.
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