Convert UMA UMA to Hermes Protocol HERMES
UMA to HERMES: 1 UMA converts to 1,332.94 HERMES
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About UMA and HERMES
UMA is climbing, while Hermes Protocol is falling this week. The current UMA to HERMES conversion rate is 1,332.94. Inversely, this means that if you convert 1 HERMES you will get 0.0007502 UMA. The conversion rate of UMA/HERMES has increased by 1.07% in the last hour (HERMES/UMA decreased by 1.07%). In the last 24 hours, UMA/HERMES grew by 3.88%, while HERMES/UMA shrunk by the same amount.
The exchange rate of UMA is increasing. The current value of 1 UMA is 1,332.94 HERMES. In other words, to buy 5 UMA, it would cost you 6,664.68 HERMES. Inversely, 1 HERMES would allow you to trade for 0.0007502 UMA while 50 HERMES would convert to 0.03751 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 10.26%. Meanwhile, in the last 24 hours, the rate has changed by 4.26%, which means that the highest exchange rate of 1 UMA to HERMES was 1,374.96 HERMES and the lowest 24 hour value was 1 UMA for 1,220.56 HERMES. Last month, 1 UMA was worth 1,163.20 HERMES. Today, it's up 12.73%. Looking back a year, UMA has changed by 441.71 HERMES. That means that in a single year, the value of UMA has grown by 66.86%.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
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
UMA to HERMES values from Today at 5:44 am
0.5 UMA = 666.47 HERMES |
1 UMA = 1,332.94 HERMES |
5 UMA = 6,664.68 HERMES |
10 UMA = 13,329.36 HERMES |
50 UMA = 66,646.81 HERMES |
100 UMA = 133,293.61 HERMES |
500 UMA = 666,468.07 HERMES |
1,000 UMA = 1,332,936.13 HERMES |
HERMES to UMA values from Today at 5:43 am
0.5 HERMES = 0.0003751 UMA |
1 HERMES = 0.0007502 UMA |
5 HERMES = 0.003751 UMA |
10 HERMES = 0.007502 UMA |
50 HERMES = 0.03751 UMA |
100 HERMES = 0.07502 UMA |
500 HERMES = 0.3751 UMA |
1,000 HERMES = 0.7502 UMA |
UMA to HERMES over time
UMA | Today | 24H 4.26% | 1M 12.73% | 1Y 66.86% |
|---|---|---|---|---|
0.5 UMA | 666.47 HERMES | 638.08 HERMES | 581.60 HERMES | 220.86 HERMES |
1 UMA | 1,332.94 HERMES | 1,276.15 HERMES | 1,163.20 HERMES | 441.71 HERMES |
5 UMA | 6,664.68 HERMES | 6,380.76 HERMES | 5,815.99 HERMES | 2,208.57 HERMES |
10 UMA | 13,329.36 HERMES | 12,761.52 HERMES | 11,631.99 HERMES | 4,417.14 HERMES |
50 UMA | 66,646.81 HERMES | 63,807.62 HERMES | 58,159.95 HERMES | 22,085.72 HERMES |
100 UMA | 133,293.61 HERMES | 127,615.25 HERMES | 116,319.90 HERMES | 44,171.45 HERMES |
500 UMA | 666,468.07 HERMES | 638,076.24 HERMES | 581,599.50 HERMES | 220,857.24 HERMES |
1,000 UMA | 1,332,936.13 HERMES | 1,276,152.48 HERMES | 1,163,199.00 HERMES | 441,714.49 HERMES |
Frequently asked questions
Right now, 1 UMA is worth about $0.3615.
Based on the current rate, you could get 2.77 UMA for 1 USD.
UMA price has been declining. Since yesterday, the exchange rate of UMA has decreased. Since last month, the exchange rate of UMA has decreased. Since this time last year, the price of UMA has decreased.
You can use our UMA to USD calculator at the top of this page to convert any amount of UMA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13.83 UMA. Inversely, 5 UMA will cost about $1.81
UMA is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy UMA.
There are a number of crypto assets that have the a similar or comparable market cap to UMA, including Avantis, Locus Chain, and Mango. For a more robust list of assets to explore, jump to the asset page dedicated to UMA.
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