Convert Altlayer ALT to Hermes Protocol HERMES
ALT to HERMES: 1 Altlayer converts to 23.99 HERMES
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About ALT and HERMES
Altlayer is falling, while Hermes Protocol is climbing this week. The current ALT to HERMES conversion rate is 23.99. Inversely, this means that if you convert 1 HERMES you will get 0.04168 ALT. The conversion rate of ALT/HERMES has decreased by 0% in the last hour (HERMES/ALT increased by 0%). In the last 24 hours, ALT/HERMES shrunk by 0%, while HERMES/ALT grew by the same amount.
The exchange rate of Altlayer is increasing. The current value of 1 ALT is 23.99 HERMES. In other words, to buy 5 Altlayer, it would cost you 119.97 HERMES. Inversely, 1 HERMES would allow you to trade for 0.04168 ALT while 50 HERMES would convert to 2.08 ALT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.15%. Meanwhile, in the last 24 hours, the rate has changed by 0%, which means that the highest exchange rate of 1 ALT to HERMES was 25.65 HERMES and the lowest 24 hour value was 1 ALT for 23.87 HERMES. Last month, 1 ALT was worth 25.71 HERMES. Today, it's down 7.14%. Looking back a year, Altlayer has changed by 20.11 HERMES. That means that in a single year, the value of Altlayer has grown by 16.18%.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
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
ALT to HERMES values from Today at 12:23 pm
0.5 ALT = 12.00 HERMES |
1 ALT = 23.99 HERMES |
5 ALT = 119.97 HERMES |
10 ALT = 239.95 HERMES |
50 ALT = 1,199.74 HERMES |
100 ALT = 2,399.47 HERMES |
500 ALT = 11,997.37 HERMES |
1,000 ALT = 23,994.75 HERMES |
HERMES to ALT values from Today at 12:22 pm
0.5 HERMES = 0.02084 ALT |
1 HERMES = 0.04168 ALT |
5 HERMES = 0.2084 ALT |
10 HERMES = 0.4168 ALT |
50 HERMES = 2.08 ALT |
100 HERMES = 4.17 ALT |
500 HERMES = 20.84 ALT |
1,000 HERMES = 41.68 ALT |
ALT to HERMES over time
ALT | Today | 24H 0.00% | 1M -7.14% | 1Y 16.18% |
|---|---|---|---|---|
0.5 ALT | 12.00 HERMES | 12.00 HERMES | 12.85 HERMES | 10.06 HERMES |
1 ALT | 23.99 HERMES | 23.99 HERMES | 25.71 HERMES | 20.11 HERMES |
5 ALT | 119.97 HERMES | 119.97 HERMES | 128.54 HERMES | 100.56 HERMES |
10 ALT | 239.95 HERMES | 239.95 HERMES | 257.09 HERMES | 201.12 HERMES |
50 ALT | 1,199.74 HERMES | 1,199.74 HERMES | 1,285.44 HERMES | 1,005.60 HERMES |
100 ALT | 2,399.47 HERMES | 2,399.47 HERMES | 2,570.87 HERMES | 2,011.21 HERMES |
500 ALT | 11,997.37 HERMES | 11,997.37 HERMES | 12,854.35 HERMES | 10,056.04 HERMES |
1,000 ALT | 23,994.75 HERMES | 23,994.75 HERMES | 25,708.70 HERMES | 20,112.08 HERMES |
Frequently asked questions
Right now, 1 Altlayer is worth about €0.004915.
Based on the current rate, you could get 203.44 ALT for 1 EUR.
You can use our ALT to EUR calculator at the top of this page to convert any amount of ALT to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 1,017.20 ALT. Inversely, 5 ALT will cost about €0.02458
Altlayer is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Altlayer.
There are a number of crypto assets that have the a similar or comparable market cap to Altlayer, including Aave GUSD V2, Gemini Dollar, and Peanut the Squirrel. For a more robust list of assets to explore, jump to the asset page dedicated to Altlayer.
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