Convert Redstone RED to Hermes Protocol HERMES
1 RED converts to 329.65 HERMES
Earn up to $2,000 when you buy $50 in crypto¹
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Restrictions apply, see full terms.
About RED and HERMES
Redstone is falling, while Hermes Protocol is climbing this week. The current RED to HERMES conversion rate is 329.65. Inversely, this means that if you convert 1 HERMES you will get 0.003034 RED. The conversion rate of RED/HERMES has increased by 1.7% in the last hour (HERMES/RED decreased by 1.7%). In the last 24 hours, RED/HERMES shrunk by 3.92%, while HERMES/RED grew by the same amount.
The exchange rate of Redstone is decreasing. The current value of 1 RED is 329.65 HERMES. In other words, to buy 5 Redstone, it would cost you 1,648.23 HERMES. Inversely, 1 HERMES would allow you to trade for 0.003034 RED while 50 HERMES would convert to 0.1517 RED, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.74%. Meanwhile, in the last 24 hours, the rate has changed by 3.89%, which means that the highest exchange rate of 1 RED to HERMES was 350.11 HERMES and the lowest 24 hour value was 1 RED for 320.69 HERMES. Last month, 1 RED was worth 341.30 HERMES. Today, it's down 3.54%. Looking back a year, Redstone has changed by 102.91 HERMES. That means that in a single year, the value of Redstone has grown by 68.78%.
Redstone Market Stats
Redstone is a modular blockchain oracle. Redstone’s native token, RED, can be staked by data providers, who supply data to RedStone’s modular oracle network, and by token holders, who enhance network security through direct staking in RedStone’s EigenLayer Actively Validated Service (AVS).
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
RED to HERMES values from Today at 8:15 am
0.5 RED = 164.82 HERMES |
1 RED = 329.65 HERMES |
5 RED = 1,648.23 HERMES |
10 RED = 3,296.46 HERMES |
50 RED = 16,482.32 HERMES |
100 RED = 32,964.65 HERMES |
500 RED = 164,823.23 HERMES |
1,000 RED = 329,646.47 HERMES |
HERMES to RED values from Today at 8:12 am
0.5 HERMES = 0.001517 RED |
1 HERMES = 0.003034 RED |
5 HERMES = 0.01517 RED |
10 HERMES = 0.03034 RED |
50 HERMES = 0.1517 RED |
100 HERMES = 0.3034 RED |
500 HERMES = 1.52 RED |
1,000 HERMES = 3.03 RED |
RED to HERMES over time
RED | Today | 24H -3.89% | 1M -3.54% | 1Y 68.78% |
|---|---|---|---|---|
0.5 RED | 164.82 HERMES | 171.24 HERMES | 170.65 HERMES | 51.46 HERMES |
1 RED | 329.65 HERMES | 342.47 HERMES | 341.30 HERMES | 102.91 HERMES |
5 RED | 1,648.23 HERMES | 1,712.35 HERMES | 1,706.50 HERMES | 514.57 HERMES |
10 RED | 3,296.46 HERMES | 3,424.70 HERMES | 3,413.00 HERMES | 1,029.15 HERMES |
50 RED | 16,482.32 HERMES | 17,123.50 HERMES | 17,064.98 HERMES | 5,145.74 HERMES |
100 RED | 32,964.65 HERMES | 34,247.01 HERMES | 34,129.95 HERMES | 10,291.48 HERMES |
500 RED | 164,823.23 HERMES | 171,235.03 HERMES | 170,649.76 HERMES | 51,457.38 HERMES |
1,000 RED | 329,646.47 HERMES | 342,470.05 HERMES | 341,299.52 HERMES | 102,914.76 HERMES |
Frequently asked questions
Right now, 1 Redstone is worth about $0.099.
Based on the current rate, you could get 10.10 RED for 1 USD.
Redstone price has been declining. Since yesterday, the exchange rate of Redstone has decreased. Since last month, the exchange rate of Redstone has decreased. Since this time last year, the price of Redstone has decreased.
You can use our RED to USD calculator at the top of this page to convert any amount of RED to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 50.51 RED. Inversely, 5 RED will cost about $0.495
Redstone is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Redstone.
There are a number of crypto assets that have the a similar or comparable market cap to Redstone, including Frankencoin, Aegis YUSD, and Burnedfi. For a more robust list of assets to explore, jump to the asset page dedicated to Redstone.
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