Convert Hermes Protocol HERMES to Drift Protocol DRIFT
HERMES to DRIFT: 1 Hermes Protocol converts to 0.01279 DRIFT
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About HERMES and DRIFT
Hermes Protocol is falling, while Drift Protocol is climbing this week. The current HERMES to DRIFT conversion rate is 0.01279. Inversely, this means that if you convert 1 DRIFT you will get 78.21 HERMES. The conversion rate of HERMES/DRIFT has increased by 0.25% in the last hour (DRIFT/HERMES decreased by 0.25%). In the last 24 hours, HERMES/DRIFT shrunk by 6.27%, while DRIFT/HERMES grew by 6.68%.
The exchange rate of Hermes Protocol is decreasing. The current value of 1 HERMES is 0.01279 DRIFT. In other words, to buy 5 Hermes Protocol, it would cost you 0.06393 DRIFT. Inversely, 1 DRIFT would allow you to trade for 78.21 HERMES while 50 DRIFT would convert to 3,910.27 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 12.58%. Meanwhile, in the last 24 hours, the rate has changed by 6.16%, which means that the highest exchange rate of 1 HERMES to DRIFT was 0.01363 DRIFT and the lowest 24 hour value was 1 HERMES for 0.01265 DRIFT. Last month, 1 HERMES was worth 0.01281 DRIFT. Today, it's down 0.22%. Looking back a year, Hermes Protocol has changed by 0.006512 DRIFT. That means that in a single year, the value of Hermes Protocol has grown by 96.37%.
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.
Drift Protocol Market Stats
DRIFT is the governance token of Drift Protocol, a decentralized trading platform built on Solana. It lets holders participate in the Drift ecosystem through governance and staking.
Conversion tables
HERMES to DRIFT values from Today at 10:21 am
0.5 HERMES = 0.006393 DRIFT |
1 HERMES = 0.01279 DRIFT |
5 HERMES = 0.06393 DRIFT |
10 HERMES = 0.1279 DRIFT |
50 HERMES = 0.6393 DRIFT |
100 HERMES = 1.28 DRIFT |
500 HERMES = 6.39 DRIFT |
1,000 HERMES = 12.79 DRIFT |
DRIFT to HERMES values from Today at 10:14 am
0.5 DRIFT = 39.10 HERMES |
1 DRIFT = 78.21 HERMES |
5 DRIFT = 391.03 HERMES |
10 DRIFT = 782.05 HERMES |
50 DRIFT = 3,910.27 HERMES |
100 DRIFT = 7,820.54 HERMES |
500 DRIFT = 39,102.71 HERMES |
1,000 DRIFT = 78,205.41 HERMES |
HERMES to DRIFT over time
HERMES | Today | 24H -6.57% | 1M -0.22% | 1Y 49.08% |
|---|---|---|---|---|
0.5 HERMES | 0.006393 DRIFT | 0.006813 DRIFT | 0.006407 DRIFT | 0.003256 DRIFT |
1 HERMES | 0.01279 DRIFT | 0.01363 DRIFT | 0.01281 DRIFT | 0.006512 DRIFT |
5 HERMES | 0.06393 DRIFT | 0.06813 DRIFT | 0.06407 DRIFT | 0.03256 DRIFT |
10 HERMES | 0.1279 DRIFT | 0.1363 DRIFT | 0.1281 DRIFT | 0.06512 DRIFT |
50 HERMES | 0.6393 DRIFT | 0.6813 DRIFT | 0.6407 DRIFT | 0.3256 DRIFT |
100 HERMES | 1.28 DRIFT | 1.36 DRIFT | 1.28 DRIFT | 0.6512 DRIFT |
500 HERMES | 6.39 DRIFT | 6.81 DRIFT | 6.41 DRIFT | 3.26 DRIFT |
1,000 HERMES | 12.79 DRIFT | 13.63 DRIFT | 12.81 DRIFT | 6.51 DRIFT |
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