Convert Hermes Protocol HERMES to Drift Protocol DRIFT
HERMES to DRIFT: 1 Hermes Protocol converts to 0.01445 DRIFT
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About HERMES and DRIFT
Hermes Protocol is climbing, while Drift Protocol is falling this week. The current HERMES to DRIFT conversion rate is 0.01445. Inversely, this means that if you convert 1 DRIFT you will get 69.18 HERMES. The conversion rate of HERMES/DRIFT has decreased by 0.69% in the last hour (DRIFT/HERMES increased by 0.7%). In the last 24 hours, HERMES/DRIFT grew by 5.48%, while DRIFT/HERMES shrunk by 5.2%.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.01445 DRIFT. In other words, to buy 5 Hermes Protocol, it would cost you 0.07227 DRIFT. Inversely, 1 DRIFT would allow you to trade for 69.18 HERMES while 50 DRIFT would convert to 3,459.18 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 11.9%. Meanwhile, in the last 24 hours, the rate has changed by 5.83%, which means that the highest exchange rate of 1 HERMES to DRIFT was 0.015 DRIFT and the lowest 24 hour value was 1 HERMES for 0.0134 DRIFT. Last month, 1 HERMES was worth 0.008897 DRIFT. Today, it's up 62.47%. Looking back a year, Hermes Protocol has changed by 0.004448 DRIFT. That means that in a single year, the value of Hermes Protocol has grown by 224.94%.
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 8:20 pm
0.5 HERMES = 0.007227 DRIFT |
1 HERMES = 0.01445 DRIFT |
5 HERMES = 0.07227 DRIFT |
10 HERMES = 0.1445 DRIFT |
50 HERMES = 0.7227 DRIFT |
100 HERMES = 1.45 DRIFT |
500 HERMES = 7.23 DRIFT |
1,000 HERMES = 14.45 DRIFT |
DRIFT to HERMES values from Today at 8:19 pm
0.5 DRIFT = 34.59 HERMES |
1 DRIFT = 69.18 HERMES |
5 DRIFT = 345.92 HERMES |
10 DRIFT = 691.84 HERMES |
50 DRIFT = 3,459.18 HERMES |
100 DRIFT = 6,918.37 HERMES |
500 DRIFT = 34,591.85 HERMES |
1,000 DRIFT = 69,183.70 HERMES |
HERMES to DRIFT over time
HERMES | Today | 24H 5.51% | 1M 38.45% | 1Y 69.22% |
|---|---|---|---|---|
0.5 HERMES | 0.007227 DRIFT | 0.006829 DRIFT | 0.004448 DRIFT | 0.002224 DRIFT |
1 HERMES | 0.01445 DRIFT | 0.01366 DRIFT | 0.008897 DRIFT | 0.004448 DRIFT |
5 HERMES | 0.07227 DRIFT | 0.06829 DRIFT | 0.04448 DRIFT | 0.02224 DRIFT |
10 HERMES | 0.1445 DRIFT | 0.1366 DRIFT | 0.08897 DRIFT | 0.04448 DRIFT |
50 HERMES | 0.7227 DRIFT | 0.6829 DRIFT | 0.4448 DRIFT | 0.2224 DRIFT |
100 HERMES | 1.45 DRIFT | 1.37 DRIFT | 0.8897 DRIFT | 0.4448 DRIFT |
500 HERMES | 7.23 DRIFT | 6.83 DRIFT | 4.45 DRIFT | 2.22 DRIFT |
1,000 HERMES | 14.45 DRIFT | 13.66 DRIFT | 8.90 DRIFT | 4.45 DRIFT |
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