Convert Yield Basis YB to Hermes Protocol HERMES
YB to HERMES: 1 Yield Basis converts to 279.66 HERMES
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About YB and HERMES
Yield Basis is falling, while Hermes Protocol is climbing this week. The current YB to HERMES conversion rate is 279.66. Inversely, this means that if you convert 1 HERMES you will get 0.003576 YB. The conversion rate of YB/HERMES has increased by 0.44% in the last hour (HERMES/YB decreased by 0.44%). In the last 24 hours, YB/HERMES shrunk by 6.07%, while HERMES/YB grew by the same amount.
The exchange rate of Yield Basis is decreasing. The current value of 1 YB is 279.66 HERMES. In other words, to buy 5 Yield Basis, it would cost you 1,398.29 HERMES. Inversely, 1 HERMES would allow you to trade for 0.003576 YB while 50 HERMES would convert to 0.1788 YB, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.44%. Meanwhile, in the last 24 hours, the rate has changed by 5.88%, and that the highest exchange rate of 1 YB to HERMES was 297.12 HERMES and the lowest 24 hour value was 1 YB for 277.81 HERMES. Last month, 1 YB was worth 266.26 HERMES. Today, it's up 4.79%. Looking back a year, Yield Basis has changed by 0.00 HERMES. That means that in a single year, the value of Yield Basis has grown by 100%.
Yield Basis Market Stats
YB is the native token of Yield Basis, an advanced automated market maker (AMM) platform designed to provide sustainable, impermanent loss-free yield—particularly for Bitcoin (BTC) and Ethereum (ETH) holders.
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
YB to HERMES values from Today at 5:40 pm
0.5 YB = 139.83 HERMES |
1 YB = 279.66 HERMES |
5 YB = 1,398.29 HERMES |
10 YB = 2,796.59 HERMES |
50 YB = 13,982.94 HERMES |
100 YB = 27,965.88 HERMES |
500 YB = 139,829.42 HERMES |
1,000 YB = 279,658.84 HERMES |
HERMES to YB values from Today at 5:37 pm
0.5 HERMES = 0.001788 YB |
1 HERMES = 0.003576 YB |
5 HERMES = 0.01788 YB |
10 HERMES = 0.03576 YB |
50 HERMES = 0.1788 YB |
100 HERMES = 0.3576 YB |
500 HERMES = 1.79 YB |
1,000 HERMES = 3.58 YB |
YB to HERMES over time
YB | Today | 24H -5.88% | 1M 4.79% | 1Y 100.00% |
|---|---|---|---|---|
0.5 YB | 139.83 HERMES | 148.05 HERMES | 133.13 HERMES | 0.00 HERMES |
1 YB | 279.66 HERMES | 296.11 HERMES | 266.26 HERMES | 0.00 HERMES |
5 YB | 1,398.29 HERMES | 1,480.54 HERMES | 1,331.28 HERMES | 0.00 HERMES |
10 YB | 2,796.59 HERMES | 2,961.09 HERMES | 2,662.56 HERMES | 0.00 HERMES |
50 YB | 13,982.94 HERMES | 14,805.45 HERMES | 13,312.81 HERMES | 0.00 HERMES |
100 YB | 27,965.88 HERMES | 29,610.89 HERMES | 26,625.62 HERMES | 0.00 HERMES |
500 YB | 139,829.42 HERMES | 148,054.46 HERMES | 133,128.10 HERMES | 0.00 HERMES |
1,000 YB | 279,658.84 HERMES | 296,108.91 HERMES | 266,256.21 HERMES | 0.00 HERMES |
Frequently asked questions
Right now, 1 Yield Basis is worth about $0.0872.
Based on the current rate, you could get 11.47 YB for 1 USD.
Yield Basis price has been declining. Since yesterday, the exchange rate of Yield Basis has decreased. Since last month, the exchange rate of Yield Basis has decreased. Since this time last year, the price of Yield Basis has decreased.
You can use our YB to USD calculator at the top of this page to convert any amount of YB to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 57.34 YB. Inversely, 5 YB will cost about $0.436
Yield Basis is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Yield Basis.
There are a number of crypto assets that have the a similar or comparable market cap to Yield Basis, including Bone ShibaSwap, Energy Web Token, and Mubarak. For a more robust list of assets to explore, jump to the asset page dedicated to Yield Basis.
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