Convert Hermes Protocol HERMES to UMA UMA
HERMES to UMA: 1 Hermes Protocol converts to 0.0006189 UMA
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About HERMES and UMA
Hermes Protocol is climbing, while UMA is falling this week. The current HERMES to UMA conversion rate is 0.0006189. Inversely, this means that if you convert 1 UMA you will get 1,615.74 HERMES. The conversion rate of HERMES/UMA has increased by 0.28% in the last hour (UMA/HERMES decreased by 0.28%). In the last 24 hours, HERMES/UMA grew by 0.28%, while UMA/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.0006189 UMA. In other words, to buy 5 Hermes Protocol, it would cost you 0.0030946 UMA. Inversely, 1 UMA would allow you to trade for 1,615.74 HERMES while 50 UMA would convert to 80,786.82 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.49%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, which means that the highest exchange rate of 1 HERMES to UMA was 0.0006225 UMA and the lowest 24 hour value was 1 HERMES for 0.0006119 UMA. Last month, 1 HERMES was worth 0.0007402 UMA. Today, it's down 19.6%. Looking back a year, Hermes Protocol has changed by 0.001527 UMA. That means that in a single year, the value of Hermes Protocol has shrank by 146.66%.
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.
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).
Conversion tables
HERMES to UMA values from Today at 1:32 am
0.5 HERMES = 0.0003095 UMA |
1 HERMES = 0.0006189 UMA |
5 HERMES = 0.003095 UMA |
10 HERMES = 0.006189 UMA |
50 HERMES = 0.03095 UMA |
100 HERMES = 0.06189 UMA |
500 HERMES = 0.3095 UMA |
1,000 HERMES = 0.6189 UMA |
UMA to HERMES values from Today at 1:28 am
0.5 UMA = 807.87 HERMES |
1 UMA = 1,615.74 HERMES |
5 UMA = 8,078.68 HERMES |
10 UMA = 16,157.36 HERMES |
50 UMA = 80,786.82 HERMES |
100 UMA = 161,573.63 HERMES |
500 UMA = 807,868.16 HERMES |
1,000 UMA = 1,615,736.33 HERMES |
HERMES to UMA over time
HERMES | Today | 24H 0.21% | 1M -19.60% | 1Y -146.66% |
|---|---|---|---|---|
0.5 HERMES | 0.0003095 UMA | 0.0003088 UMA | 0.0003701 UMA | 0.0007633 UMA |
1 HERMES | 0.0006189 UMA | 0.0006176 UMA | 0.0007402 UMA | 0.001527 UMA |
5 HERMES | 0.003095 UMA | 0.003088 UMA | 0.003701 UMA | 0.007633 UMA |
10 HERMES | 0.006189 UMA | 0.006176 UMA | 0.007402 UMA | 0.01527 UMA |
50 HERMES | 0.03095 UMA | 0.03088 UMA | 0.03701 UMA | 0.07633 UMA |
100 HERMES | 0.06189 UMA | 0.06176 UMA | 0.07402 UMA | 0.1527 UMA |
500 HERMES | 0.3095 UMA | 0.3088 UMA | 0.3701 UMA | 0.7633 UMA |
1,000 HERMES | 0.6189 UMA | 0.6176 UMA | 0.7402 UMA | 1.53 UMA |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about CA$0.0002739.
Based on the current rate, you could get 3,651.53 HERMES for 1 CAD.
Hermes Protocol price has been on the rise. Since yesterday, the exchange rate of Hermes Protocol has increased. Since last month, the exchange rate of Hermes Protocol has decreased. Since this time last year, the price of Hermes Protocol has decreased.
You can use our HERMES to CAD calculator at the top of this page to convert any amount of HERMES to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 18,257.66 HERMES. Inversely, 5 HERMES will cost about CA$0.001369
Hermes Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Hermes Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Hermes Protocol, including Landboard, Kanagawa Nami, and Styleo Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.