Convert SmarDex SDEX to Hermes Protocol HERMES
SDEX to HERMES: 1 SmarDex converts to 2.90 HERMES
About SDEX and HERMES
SmarDex is climbing, while Hermes Protocol is falling this week. The current SDEX to HERMES conversion rate is 2.90. Inversely, this means that if you convert 1 HERMES you will get 0.3453 SDEX. The conversion rate of SDEX/HERMES has decreased by 0% in the last hour (HERMES/SDEX increased by 0%). In the last 24 hours, SDEX/HERMES grew by 0.81%, while HERMES/SDEX shrunk by the same amount.
The exchange rate of SmarDex is increasing. The current value of 1 SDEX is 2.90 HERMES. In other words, to buy 5 SmarDex, it would cost you 14.48 HERMES. Inversely, 1 HERMES would allow you to trade for 0.3453 SDEX while 50 HERMES would convert to 17.27 SDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.42%. Meanwhile, in the last 24 hours, the rate has changed by 0.71%, and that the highest exchange rate of 1 SDEX to HERMES was 2.91 HERMES and the lowest 24 hour value was 1 SDEX for 2.85 HERMES. Last month, 1 SDEX was worth 2.03 HERMES. Today, it's up 29.9%. Looking back a year, SmarDex has changed by 2.85 HERMES. That means that in a single year, the value of SmarDex has grown by 1.6%.
SmarDex Market Stats
SDEX is the token from the first DEX on the planet to fix Impermanent Loss. It is explained in a scientific paper here:
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
SDEX to HERMES values from Today at 6:41 am
0.5 SDEX = 1.45 HERMES |
1 SDEX = 2.90 HERMES |
5 SDEX = 14.48 HERMES |
10 SDEX = 28.96 HERMES |
50 SDEX = 144.78 HERMES |
100 SDEX = 289.57 HERMES |
500 SDEX = 1,447.85 HERMES |
1,000 SDEX = 2,895.69 HERMES |
HERMES to SDEX values from Today at 6:42 am
0.5 HERMES = 0.1727 SDEX |
1 HERMES = 0.3453 SDEX |
5 HERMES = 1.73 SDEX |
10 HERMES = 3.45 SDEX |
50 HERMES = 17.27 SDEX |
100 HERMES = 34.53 SDEX |
500 HERMES = 172.67 SDEX |
1,000 HERMES = 345.34 SDEX |
SDEX to HERMES over time
SDEX | Today | 24H 0.71% | 1M 29.90% | 1Y 1.60% |
|---|---|---|---|---|
0.5 SDEX | 1.45 HERMES | 1.44 HERMES | 1.01 HERMES | 1.42 HERMES |
1 SDEX | 2.90 HERMES | 2.88 HERMES | 2.03 HERMES | 2.85 HERMES |
5 SDEX | 14.48 HERMES | 14.38 HERMES | 10.15 HERMES | 14.25 HERMES |
10 SDEX | 28.96 HERMES | 28.75 HERMES | 20.30 HERMES | 28.49 HERMES |
50 SDEX | 144.78 HERMES | 143.76 HERMES | 101.49 HERMES | 142.46 HERMES |
100 SDEX | 289.57 HERMES | 287.52 HERMES | 202.98 HERMES | 284.93 HERMES |
500 SDEX | 1,447.85 HERMES | 1,437.58 HERMES | 1,014.90 HERMES | 1,424.64 HERMES |
1,000 SDEX | 2,895.69 HERMES | 2,875.16 HERMES | 2,029.79 HERMES | 2,849.28 HERMES |
Frequently asked questions
Right now, 1 SmarDex is worth about $0.0004389.
Based on the current rate, you could get 2,278.64 SDEX for 1 USD.
SmarDex price has been on the rise. Since yesterday, the exchange rate of SmarDex has increased. Since last month, the exchange rate of SmarDex has decreased. Since this time last year, the price of SmarDex has decreased.
You can use our SDEX to USD calculator at the top of this page to convert any amount of SDEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 11,393.21 SDEX. Inversely, 5 SDEX will cost about $0.002194
SmarDex can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy SmarDex.
There are a number of crypto assets that have the a similar or comparable market cap to SmarDex, including DOWGE, Pups (Bitcoin), and Bytecoin. For a more robust list of assets to explore, jump to the asset page dedicated to SmarDex.
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