Convert Hermes Protocol HERMES to USDS USDS
HERMES to USDS: 1 Hermes Protocol converts to 0.0001774 USDS
About HERMES and USDS
Hermes Protocol is falling, while USDS is climbing this week. The current HERMES to USDS conversion rate is 0.0001774. Inversely, this means that if you convert 1 USDS you will get 5,637.33 HERMES. The conversion rate of HERMES/USDS has decreased by 0% in the last hour (USDS/HERMES increased by 0%). In the last 24 hours, HERMES/USDS shrunk by 0.01%, while USDS/HERMES grew by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.0001774 USDS. In other words, to buy 5 Hermes Protocol, it would cost you 0.0008869 USDS. Inversely, 1 USDS would allow you to trade for 5,637.33 HERMES while 50 USDS would convert to 281,866.52 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.01%. Meanwhile, in the last 24 hours, the rate has changed by 0.01%, which means that the highest exchange rate of 1 HERMES to USDS was 0.0001774 USDS and the lowest 24 hour value was 1 HERMES for 0.0001774 USDS. Last month, 1 HERMES was worth 0.0001516 USDS. Today, it's up 14.55%. Looking back a year, Hermes Protocol has changed by 0.0001516 USDS. That means that in a single year, the value of Hermes Protocol has grown by 14.56%.
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.
USDS Market Stats
The USDS token is a decentralized, collateral-backed stablecoin native to the Sky Protocol (formerly MakerDAO). It is designed to maintain a value pegged to the US dollar and serves as the upgraded successor to DAI.
Conversion tables
HERMES to USDS values from Today at 11:03 am
0.5 HERMES = 0.00008869 USDS |
1 HERMES = 0.0001774 USDS |
5 HERMES = 0.0008869 USDS |
10 HERMES = 0.001774 USDS |
50 HERMES = 0.008869 USDS |
100 HERMES = 0.01774 USDS |
500 HERMES = 0.08869 USDS |
1,000 HERMES = 0.1774 USDS |
USDS to HERMES values from Today at 10:57 am
0.5 USDS = 2,818.67 HERMES |
1 USDS = 5,637.33 HERMES |
5 USDS = 28,186.65 HERMES |
10 USDS = 56,373.30 HERMES |
50 USDS = 281,866.52 HERMES |
100 USDS = 563,733.03 HERMES |
500 USDS = 2,818,665.16 HERMES |
1,000 USDS = 5,637,330.31 HERMES |
HERMES to USDS over time
HERMES | Today | 24H 0.01% | 1M 14.55% | 1Y 14.56% |
|---|---|---|---|---|
0.5 HERMES | 0.00008869 USDS | 0.00008869 USDS | 0.00007579 USDS | 0.00007578 USDS |
1 HERMES | 0.0001774 USDS | 0.0001774 USDS | 0.0001516 USDS | 0.0001516 USDS |
5 HERMES | 0.0008869 USDS | 0.0008869 USDS | 0.0007579 USDS | 0.0007578 USDS |
10 HERMES | 0.001774 USDS | 0.001774 USDS | 0.001516 USDS | 0.001516 USDS |
50 HERMES | 0.008869 USDS | 0.008869 USDS | 0.007579 USDS | 0.007578 USDS |
100 HERMES | 0.01774 USDS | 0.01774 USDS | 0.01516 USDS | 0.01516 USDS |
500 HERMES | 0.08869 USDS | 0.08869 USDS | 0.07579 USDS | 0.07578 USDS |
1,000 HERMES | 0.1774 USDS | 0.1774 USDS | 0.1516 USDS | 0.1516 USDS |
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