Convert Hermes Protocol HERMES to Sky SKY
HERMES to SKY: 1 Hermes Protocol converts to 0.002229 SKY
About HERMES and SKY
Hermes Protocol is climbing, while Sky is falling this week. The current HERMES to SKY conversion rate is 0.002229. Inversely, this means that if you convert 1 SKY you will get 448.55 HERMES. The conversion rate of HERMES/SKY has increased by 0.93% in the last hour (SKY/HERMES decreased by 0.93%). In the last 24 hours, HERMES/SKY grew by 4.38%, while SKY/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.002229 SKY. In other words, to buy 5 Hermes Protocol, it would cost you 0.011147 SKY. Inversely, 1 SKY would allow you to trade for 448.55 HERMES while 50 SKY would convert to 22,427.45 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.34%. Meanwhile, in the last 24 hours, the rate has changed by 4.08%, and that the highest exchange rate of 1 HERMES to SKY was 0.00223 SKY and the lowest 24 hour value was 1 HERMES for 0.00207 SKY. Last month, 1 HERMES was worth 0.003827 SKY. Today, it's down 71.68%. Looking back a year, Hermes Protocol has changed by 0.02145 SKY. That means that in a single year, the value of Hermes Protocol has shrank by 862.27%.
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.
Sky Market Stats
The SKY token is the native governance and utility token of the Sky Protocol, a decentralized finance (DeFi) platform that evolved from MakerDAO. It plays a central role in the protocol’s ecosystem, supporting a range of financial services and community-driven governance.
Conversion tables
HERMES to SKY values from Today at 7:26 am
0.5 HERMES = 0.001115 SKY |
1 HERMES = 0.002229 SKY |
5 HERMES = 0.01115 SKY |
10 HERMES = 0.02229 SKY |
50 HERMES = 0.1115 SKY |
100 HERMES = 0.2229 SKY |
500 HERMES = 1.11 SKY |
1,000 HERMES = 2.23 SKY |
SKY to HERMES values from Today at 7:26 am
0.5 SKY = 224.27 HERMES |
1 SKY = 448.55 HERMES |
5 SKY = 2,242.75 HERMES |
10 SKY = 4,485.49 HERMES |
50 SKY = 22,427.45 HERMES |
100 SKY = 44,854.90 HERMES |
500 SKY = 224,274.52 HERMES |
1,000 SKY = 448,549.05 HERMES |
HERMES to SKY over time
HERMES | Today | 24H 4.08% | 1M -71.68% | 1Y -862.27% |
|---|---|---|---|---|
0.5 HERMES | 0.001115 SKY | 0.001069 SKY | 0.001914 SKY | 0.01073 SKY |
1 HERMES | 0.002229 SKY | 0.002138 SKY | 0.003827 SKY | 0.02145 SKY |
5 HERMES | 0.01115 SKY | 0.01069 SKY | 0.01914 SKY | 0.1073 SKY |
10 HERMES | 0.02229 SKY | 0.02138 SKY | 0.03827 SKY | 0.2145 SKY |
50 HERMES | 0.1115 SKY | 0.1069 SKY | 0.1914 SKY | 1.07 SKY |
100 HERMES | 0.2229 SKY | 0.2138 SKY | 0.3827 SKY | 2.15 SKY |
500 HERMES | 1.11 SKY | 1.07 SKY | 1.91 SKY | 10.73 SKY |
1,000 HERMES | 2.23 SKY | 2.14 SKY | 3.83 SKY | 21.45 SKY |
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