Convert Hermes Protocol HERMES to UMA UMA
HERMES to UMA: 1 Hermes Protocol converts to 0.0006228 UMA
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About HERMES and UMA
Hermes Protocol is climbing, while UMA is falling this week. The current HERMES to UMA conversion rate is 0.0006228. Inversely, this means that if you convert 1 UMA you will get 1,605.62 HERMES. The conversion rate of HERMES/UMA has increased by 0.17% in the last hour (UMA/HERMES decreased by 0.17%). In the last 24 hours, HERMES/UMA grew by 1.34%, while UMA/HERMES shrunk by the same amount.
The exchange rate of Hermes Protocol is increasing. The current value of 1 HERMES is 0.0006228 UMA. In other words, to buy 5 Hermes Protocol, it would cost you 0.0031141 UMA. Inversely, 1 UMA would allow you to trade for 1,605.62 HERMES while 50 UMA would convert to 80,280.89 HERMES, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.05%. Meanwhile, in the last 24 hours, the rate has changed by 1.78%, which means that the highest exchange rate of 1 HERMES to UMA was 0.0006226 UMA and the lowest 24 hour value was 1 HERMES for 0.0006117 UMA. Last month, 1 HERMES was worth 0.0007397 UMA. Today, it's down 18.77%. Looking back a year, Hermes Protocol has changed by 0.001527 UMA. That means that in a single year, the value of Hermes Protocol has shrank by 145.12%.
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.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
HERMES to UMA values from Today at 4:04 am
0.5 HERMES = 0.0003114 UMA |
1 HERMES = 0.0006228 UMA |
5 HERMES = 0.003114 UMA |
10 HERMES = 0.006228 UMA |
50 HERMES = 0.03114 UMA |
100 HERMES = 0.06228 UMA |
500 HERMES = 0.3114 UMA |
1,000 HERMES = 0.6228 UMA |
UMA to HERMES values from Today at 3:50 am
0.5 UMA = 802.81 HERMES |
1 UMA = 1,605.62 HERMES |
5 UMA = 8,028.09 HERMES |
10 UMA = 16,056.18 HERMES |
50 UMA = 80,280.89 HERMES |
100 UMA = 160,561.79 HERMES |
500 UMA = 802,808.95 HERMES |
1,000 UMA = 1,605,617.90 HERMES |
HERMES to UMA over time
HERMES | Today | 24H 1.78% | 1M -18.77% | 1Y -145.12% |
|---|---|---|---|---|
0.5 HERMES | 0.0003114 UMA | 0.0003059 UMA | 0.0003699 UMA | 0.0007633 UMA |
1 HERMES | 0.0006228 UMA | 0.0006117 UMA | 0.0007397 UMA | 0.001527 UMA |
5 HERMES | 0.003114 UMA | 0.003059 UMA | 0.003699 UMA | 0.007633 UMA |
10 HERMES | 0.006228 UMA | 0.006117 UMA | 0.007397 UMA | 0.01527 UMA |
50 HERMES | 0.03114 UMA | 0.03059 UMA | 0.03699 UMA | 0.07633 UMA |
100 HERMES | 0.06228 UMA | 0.06117 UMA | 0.07397 UMA | 0.1527 UMA |
500 HERMES | 0.3114 UMA | 0.3059 UMA | 0.3699 UMA | 0.7633 UMA |
1,000 HERMES | 0.6228 UMA | 0.6117 UMA | 0.7397 UMA | 1.53 UMA |
Frequently asked questions
Right now, 1 Hermes Protocol is worth about €0.0001706.
Based on the current rate, you could get 5,861.82 HERMES for 1 EUR.
Hermes Protocol price has been declining. Since yesterday, the exchange rate of Hermes Protocol has decreased. Since last month, the exchange rate of Hermes Protocol has decreased. Since this time last year, the price of Hermes Protocol has decreased.
You can use our HERMES to EUR calculator at the top of this page to convert any amount of HERMES to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 29,309.11 HERMES. Inversely, 5 HERMES will cost about €0.000853
Hermes Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Hermes Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Hermes Protocol, including Landboard, SAFE(AnWang), and Styleo Coin. For a more robust list of assets to explore, jump to the asset page dedicated to Hermes Protocol.
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