Convert TrueFi TRU to Hermes Protocol HERMES
TRU to HERMES: 1 TrueFi converts to 6.71 HERMES
About TRU and HERMES
TrueFi is climbing, while Hermes Protocol is falling this week. The current TRU to HERMES conversion rate is 6.71. Inversely, this means that if you convert 1 HERMES you will get 0.149 TRU. The conversion rate of TRU/HERMES has increased by 0.73% in the last hour (HERMES/TRU decreased by 0.73%). In the last 24 hours, TRU/HERMES grew by 32.08%, while HERMES/TRU shrunk by the same amount.
The exchange rate of TrueFi is increasing. The current value of 1 TRU is 6.71 HERMES. In other words, to buy 5 TrueFi, it would cost you 33.56 HERMES. Inversely, 1 HERMES would allow you to trade for 0.149 TRU while 50 HERMES would convert to 7.45 TRU, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 59.06%. Meanwhile, in the last 24 hours, the rate has changed by 24.2%, which means that the highest exchange rate of 1 TRU to HERMES was 7.03 HERMES and the lowest 24 hour value was 1 TRU for 3.10 HERMES. Last month, 1 TRU was worth 4.99 HERMES. Today, it's up 25.71%. Looking back a year, TrueFi has changed by 13.76 HERMES. That means that in a single year, the value of TrueFi has shrank by 105.09%.
TrueFi Market Stats
TRU is an Ethereum token that powers TrueFi, a decentralized finance protocol for uncollateralized lending using on-chain credit scores. TRU can be used for staking (i.e. to approve or reject new loans) and governance on the TrueFi protocol.
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
TRU to HERMES values from Today at 1:16 am
0.5 TRU = 3.36 HERMES |
1 TRU = 6.71 HERMES |
5 TRU = 33.56 HERMES |
10 TRU = 67.12 HERMES |
50 TRU = 335.58 HERMES |
100 TRU = 671.17 HERMES |
500 TRU = 3,355.84 HERMES |
1,000 TRU = 6,711.67 HERMES |
HERMES to TRU values from Today at 1:16 am
0.5 HERMES = 0.0745 TRU |
1 HERMES = 0.149 TRU |
5 HERMES = 0.745 TRU |
10 HERMES = 1.49 TRU |
50 HERMES = 7.45 TRU |
100 HERMES = 14.90 TRU |
500 HERMES = 74.50 TRU |
1,000 HERMES = 148.99 TRU |
TRU to HERMES over time
TRU | Today | 24H 24.20% | 1M 25.71% | 1Y -105.09% |
|---|---|---|---|---|
0.5 TRU | 3.36 HERMES | 2.54 HERMES | 2.49 HERMES | 6.88 HERMES |
1 TRU | 6.71 HERMES | 5.09 HERMES | 4.99 HERMES | 13.76 HERMES |
5 TRU | 33.56 HERMES | 25.44 HERMES | 24.93 HERMES | 68.82 HERMES |
10 TRU | 67.12 HERMES | 50.88 HERMES | 49.86 HERMES | 137.65 HERMES |
50 TRU | 335.58 HERMES | 254.39 HERMES | 249.30 HERMES | 688.24 HERMES |
100 TRU | 671.17 HERMES | 508.77 HERMES | 498.61 HERMES | 1,376.48 HERMES |
500 TRU | 3,355.84 HERMES | 2,543.87 HERMES | 2,493.04 HERMES | 6,882.40 HERMES |
1,000 TRU | 6,711.67 HERMES | 5,087.75 HERMES | 4,986.08 HERMES | 13,764.79 HERMES |
Frequently asked questions
Right now, 1 TrueFi is worth about $0.001909.
Based on the current rate, you could get 523.71 TRU for 1 USD.
TrueFi price has been on the rise. Since yesterday, the exchange rate of TrueFi has increased. Since last month, the exchange rate of TrueFi has decreased. Since this time last year, the price of TrueFi has decreased.
You can use our TRU to USD calculator at the top of this page to convert any amount of TRU to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2,618.54 TRU. Inversely, 5 TRU will cost about $0.009547
TrueFi is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy TrueFi.
There are a number of crypto assets that have the a similar or comparable market cap to TrueFi, including Aventus, Cook Finance, and Walmart Tokenized Stock (Ondo). For a more robust list of assets to explore, jump to the asset page dedicated to TrueFi.
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