Convert Pyth Network PYTH to Hermes Protocol HERMES
PYTH to HERMES: 1 Pyth Network converts to 344.50 HERMES
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About PYTH and HERMES
Pyth Network is falling, while Hermes Protocol is climbing this week. The current PYTH to HERMES conversion rate is 344.50. Inversely, this means that if you convert 1 HERMES you will get 0.002903 PYTH. The conversion rate of PYTH/HERMES has increased by 0.18% in the last hour (HERMES/PYTH decreased by 0.18%). In the last 24 hours, PYTH/HERMES shrunk by 2.04%, while HERMES/PYTH grew by the same amount.
The exchange rate of Pyth Network is decreasing. The current value of 1 PYTH is 344.50 HERMES. In other words, to buy 5 Pyth Network, it would cost you 1,722.49 HERMES. Inversely, 1 HERMES would allow you to trade for 0.002903 PYTH while 50 HERMES would convert to 0.1451 PYTH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.99%. Meanwhile, in the last 24 hours, the rate has changed by 2.29%, and that the highest exchange rate of 1 PYTH to HERMES was 376.46 HERMES and the lowest 24 hour value was 1 PYTH for 338.28 HERMES. Last month, 1 PYTH was worth 206.67 HERMES. Today, it's up 40.01%. Looking back a year, Pyth Network has changed by 108.64 HERMES. That means that in a single year, the value of Pyth Network has grown by 68.47%.
Pyth Network Market Stats
Pyth is an oracle network that services various blockchains, protocols, and projects within the Web3 and broader crypto industry.
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
PYTH to HERMES values from Today at 1:13 am
0.5 PYTH = 172.25 HERMES |
1 PYTH = 344.50 HERMES |
5 PYTH = 1,722.49 HERMES |
10 PYTH = 3,444.99 HERMES |
50 PYTH = 17,224.95 HERMES |
100 PYTH = 34,449.89 HERMES |
500 PYTH = 172,249.46 HERMES |
1,000 PYTH = 344,498.92 HERMES |
HERMES to PYTH values from Today at 1:13 am
0.5 HERMES = 0.001451 PYTH |
1 HERMES = 0.002903 PYTH |
5 HERMES = 0.01451 PYTH |
10 HERMES = 0.02903 PYTH |
50 HERMES = 0.1451 PYTH |
100 HERMES = 0.2903 PYTH |
500 HERMES = 1.45 PYTH |
1,000 HERMES = 2.90 PYTH |
PYTH to HERMES over time
PYTH | Today | 24H -2.29% | 1M 40.01% | 1Y 68.47% |
|---|---|---|---|---|
0.5 PYTH | 172.25 HERMES | 176.19 HERMES | 103.33 HERMES | 54.32 HERMES |
1 PYTH | 344.50 HERMES | 352.38 HERMES | 206.67 HERMES | 108.64 HERMES |
5 PYTH | 1,722.49 HERMES | 1,761.92 HERMES | 1,033.33 HERMES | 543.19 HERMES |
10 PYTH | 3,444.99 HERMES | 3,523.83 HERMES | 2,066.65 HERMES | 1,086.37 HERMES |
50 PYTH | 17,224.95 HERMES | 17,619.17 HERMES | 10,333.27 HERMES | 5,431.86 HERMES |
100 PYTH | 34,449.89 HERMES | 35,238.34 HERMES | 20,666.54 HERMES | 10,863.72 HERMES |
500 PYTH | 172,249.46 HERMES | 176,191.68 HERMES | 103,332.72 HERMES | 54,318.58 HERMES |
1,000 PYTH | 344,498.92 HERMES | 352,383.36 HERMES | 206,665.44 HERMES | 108,637.16 HERMES |
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