Convert Sperax SPA to Hermes Protocol HERMES
SPA to HERMES: 1 Sperax converts to 9.42 HERMES
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About SPA and HERMES
Sperax is climbing, while Hermes Protocol is falling this week. The current SPA to HERMES conversion rate is 9.42. Inversely, this means that if you convert 1 HERMES you will get 0.1062 SPA. The conversion rate of SPA/HERMES has decreased by 0.2% in the last hour (HERMES/SPA increased by 0.2%). In the last 24 hours, SPA/HERMES grew by 9.29%, while HERMES/SPA shrunk by the same amount.
The exchange rate of Sperax is increasing. The current value of 1 SPA is 9.42 HERMES. In other words, to buy 5 Sperax, it would cost you 47.09 HERMES. Inversely, 1 HERMES would allow you to trade for 0.1062 SPA while 50 HERMES would convert to 5.31 SPA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 16.41%. Meanwhile, in the last 24 hours, the rate has changed by 8.58%, which means that the highest exchange rate of 1 SPA to HERMES was 9.70 HERMES and the lowest 24 hour value was 1 SPA for 8.51 HERMES. Last month, 1 SPA was worth 6.63 HERMES. Today, it's up 29.56%. Looking back a year, Sperax has changed by 5.47 HERMES. That means that in a single year, the value of Sperax has grown by 41.88%.
Sperax Market Stats
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
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
SPA to HERMES values from Today at 4:17 am
0.5 SPA = 4.71 HERMES |
1 SPA = 9.42 HERMES |
5 SPA = 47.09 HERMES |
10 SPA = 94.19 HERMES |
50 SPA = 470.93 HERMES |
100 SPA = 941.86 HERMES |
500 SPA = 4,709.29 HERMES |
1,000 SPA = 9,418.58 HERMES |
HERMES to SPA values from Today at 4:16 am
0.5 HERMES = 0.05309 SPA |
1 HERMES = 0.1062 SPA |
5 HERMES = 0.5309 SPA |
10 HERMES = 1.06 SPA |
50 HERMES = 5.31 SPA |
100 HERMES = 10.62 SPA |
500 HERMES = 53.09 SPA |
1,000 HERMES = 106.17 SPA |
SPA to HERMES over time
SPA | Today | 24H 8.58% | 1M 29.56% | 1Y 41.88% |
|---|---|---|---|---|
0.5 SPA | 4.71 HERMES | 4.31 HERMES | 3.32 HERMES | 2.74 HERMES |
1 SPA | 9.42 HERMES | 8.61 HERMES | 6.63 HERMES | 5.47 HERMES |
5 SPA | 47.09 HERMES | 43.05 HERMES | 33.17 HERMES | 27.37 HERMES |
10 SPA | 94.19 HERMES | 86.10 HERMES | 66.34 HERMES | 54.74 HERMES |
50 SPA | 470.93 HERMES | 430.51 HERMES | 331.70 HERMES | 273.71 HERMES |
100 SPA | 941.86 HERMES | 861.02 HERMES | 663.40 HERMES | 547.42 HERMES |
500 SPA | 4,709.29 HERMES | 4,305.08 HERMES | 3,317.02 HERMES | 2,737.08 HERMES |
1,000 SPA | 9,418.58 HERMES | 8,610.17 HERMES | 6,634.04 HERMES | 5,474.16 HERMES |
Frequently asked questions
Right now, 1 Sperax is worth about $0.002547.
Based on the current rate, you could get 392.70 SPA for 1 USD.
Sperax price has been declining. Since yesterday, the exchange rate of Sperax has decreased. Since last month, the exchange rate of Sperax has decreased. Since this time last year, the price of Sperax has decreased.
You can use our SPA to USD calculator at the top of this page to convert any amount of SPA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,963.48 SPA. Inversely, 5 SPA will cost about $0.01273
Sperax is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Sperax.
There are a number of crypto assets that have the a similar or comparable market cap to Sperax, including DaGama World, Tradoor, and Splintershards. For a more robust list of assets to explore, jump to the asset page dedicated to Sperax.
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