Convert USDS USDS to Hermes Protocol HERMES
USDS to HERMES: 1 USDS converts to 5,042.09 HERMES
About USDS and HERMES
USDS is climbing, while Hermes Protocol is falling this week. The current USDS to HERMES conversion rate is 5,042.09. Inversely, this means that if you convert 1 HERMES you will get 0.0001983 USDS. The conversion rate of USDS/HERMES has increased by 4.1% in the last hour (HERMES/USDS decreased by 4.1%). In the last 24 hours, USDS/HERMES grew by 4.3%, while HERMES/USDS shrunk by the same amount.
The exchange rate of USDS is increasing. The current value of 1 USDS is 5,042.09 HERMES. In other words, to buy 5 USDS, it would cost you 25,210.46 HERMES. Inversely, 1 HERMES would allow you to trade for 0.0001983 USDS while 50 HERMES would convert to 0.009917 USDS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.92%. Meanwhile, in the last 24 hours, the rate has changed by 4.09%, which means that the highest exchange rate of 1 USDS to HERMES was 5,043.67 HERMES and the lowest 24 hour value was 1 USDS for 4,821.01 HERMES. Last month, 1 USDS was worth 3,821.75 HERMES. Today, it's up 24.2%. Looking back a year, USDS has changed by 254.34 HERMES. That means that in a single year, the value of USDS has grown by 94.96%.
USDS Market Stats
The USDS token is a decentralized, collateral-backed stablecoin native to the Sky Protocol (formerly MakerDAO). It is designed to maintain a value pegged to the US dollar and serves as the upgraded successor to DAI.
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
USDS to HERMES values from Today at 8:46 pm
0.5 USDS = 2,521.05 HERMES |
1 USDS = 5,042.09 HERMES |
5 USDS = 25,210.46 HERMES |
10 USDS = 50,420.91 HERMES |
50 USDS = 252,104.57 HERMES |
100 USDS = 504,209.14 HERMES |
500 USDS = 2,521,045.72 HERMES |
1,000 USDS = 5,042,091.44 HERMES |
HERMES to USDS values from Today at 8:44 pm
0.5 HERMES = 0.00009917 USDS |
1 HERMES = 0.0001983 USDS |
5 HERMES = 0.0009917 USDS |
10 HERMES = 0.001983 USDS |
50 HERMES = 0.009917 USDS |
100 HERMES = 0.01983 USDS |
500 HERMES = 0.09917 USDS |
1,000 HERMES = 0.1983 USDS |
USDS to HERMES over time
USDS | Today | 24H 4.09% | 1M 24.20% | 1Y 94.96% |
|---|---|---|---|---|
0.5 USDS | 2,521.05 HERMES | 2,417.86 HERMES | 1,910.88 HERMES | 127.17 HERMES |
1 USDS | 5,042.09 HERMES | 4,835.72 HERMES | 3,821.75 HERMES | 254.34 HERMES |
5 USDS | 25,210.46 HERMES | 24,178.59 HERMES | 19,108.77 HERMES | 1,271.71 HERMES |
10 USDS | 50,420.91 HERMES | 48,357.18 HERMES | 38,217.55 HERMES | 2,543.41 HERMES |
50 USDS | 252,104.57 HERMES | 241,785.89 HERMES | 191,087.74 HERMES | 12,717.06 HERMES |
100 USDS | 504,209.14 HERMES | 483,571.77 HERMES | 382,175.49 HERMES | 25,434.12 HERMES |
500 USDS | 2,521,045.72 HERMES | 2,417,858.87 HERMES | 1,910,877.45 HERMES | 127,170.60 HERMES |
1,000 USDS | 5,042,091.44 HERMES | 4,835,717.74 HERMES | 3,821,754.90 HERMES | 254,341.19 HERMES |
Frequently asked questions
Right now, 1 USDS is worth about €0.8664.
Based on the current rate, you could get 1.15 USDS for 1 EUR.
USDS price has been on the rise. Since yesterday, the exchange rate of USDS has increased. Since last month, the exchange rate of USDS has increased. Since this time last year, the price of USDS has increased.
You can use our USDS to EUR calculator at the top of this page to convert any amount of USDS to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 5.77 USDS. Inversely, 5 USDS will cost about €4.33
USDS can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy USDS.
There are a number of crypto assets that have the a similar or comparable market cap to USDS, including Lido Staked ETH, Global Currency Restart Master, and Lido wstETH. For a more robust list of assets to explore, jump to the asset page dedicated to USDS.
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