Convert 1inch 1INCH to Convertible JPY Token CJPY
1 1INCH converts to 16.54 CJPY
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About 1INCH and CJPY
1inch is climbing, while Convertible JPY Token is falling this week. The current 1INCH to CJPY conversion rate is 16.54. Inversely, this means that if you convert 1 CJPY you will get 0.06047 1INCH. The conversion rate of 1INCH/CJPY has decreased by 1.27% in the last hour (CJPY/1INCH increased by 1.27%). In the last 24 hours, 1INCH/CJPY grew by 0.72%, while CJPY/1INCH shrunk by the same amount.
The exchange rate of 1inch is increasing. The current value of 1 1INCH is 16.54 CJPY. In other words, to buy 5 1inch, it would cost you 82.69 CJPY. Inversely, 1 CJPY would allow you to trade for 0.06047 1INCH while 50 CJPY would convert to 3.02 1INCH, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.75%. Meanwhile, in the last 24 hours, the rate has changed by 0.66%, and that the highest exchange rate of 1 1INCH to CJPY was 16.99 CJPY and the lowest 24 hour value was 1 1INCH for 16.31 CJPY. Last month, 1 1INCH was worth 19.65 CJPY. Today, it's down 18.81%. Looking back a year, 1inch has changed by 33.44 CJPY. That means that in a single year, the value of 1inch has shrank by 102.18%.
1inch Market Stats
1INCH is an Ethereum token that powers 1inch, a decentralized exchange that aims to offer the “best rates by discovering the most efficient swapping routes across all leading DEXes.” Decentralized exchanges (a.k.a. DEXes) like 1inch enable users to transact tokens without an intermediary. 1inch aggregates token prices across decentralized exchanges in order to find the best prices for users.
Convertible JPY Token Market Stats
What is the project about? CJPY represents a collateral debt position issued on Yamato Protocol, a decentralized and non-custodial platform on Ethereum developed by DeFiGeek Community Japan. CJPY serves as an ETH overcollateralized stablecoin designed to maintain a peg to the Japanese Yen. In the future, the Yamato protocol will expand to encompass various tokens as collateral, and a diverse range of fiat stablecoins will be introduced, initially including USD and EUR pegs. What makes your project unique? Yamato Protocol distinguishes itself through 5 attributes as a decentralized and non-custodial crypto overcollateralized stablecoin: 1. High Collateral Factor: The protocol permits a minimum health rate of 130%, ensuring efficient use of collateral. 2. Absence of Accrued Interest: Users are subject solely to a one-time issuance fee upon generating CJPY. 3. Non-Forced Liquidation: No penalty for liquidation. Debt positions with health rates below 130% can be redeemed by any users via CJPY acquired from the market. 4. Redemption by protocol: Accrued CJPY fees on protocol can be used to redeem debt position under threshold. 5. Subrogation Mechanism: The protocol employs the accumulated CJPY fees to subrogate debt positions falling below the 100% health rate threshold. History of your project. January 2021: The DeFiGeek Community Japan embarked on the development of Yamato Protocol, a decentralized and non-custodial crypto overcollateralized stablecoin pegged to JPY. The community has functioned with an inclusive approach, welcoming all developers and contributors who are eager to take part in the enhancement of DeFi applications and tools that drive the advancement of Web3 technology. Milestones of Yamato Protocol: November 2021: The alpha testing phase commenced on the Rinkeby testnet. January 2022: The beta testing phase debuted on the Rinkeby testnet. May 2022: The second beta testing phase transpired on the Rinkeby testnet. June 2023: Successful completion of the initial audit. July 2023: Launch of version 1 on the Ethereum mainnet. What’s next for your project? At present, Yamato Protocol stands at version 1.0 without a utility token. Anticipated milestones include: Version 1.5 (2023): Introduction of the DAO utility token and the implementation of ve(vote-escrowed) governance. Version 2.0 (Late 2023): Enabling issuance of additional stablecoins like CEUR (convertible EUR) and CUSD (convertible USD). What can your token be used for? CJPY represents a decentralized JPY-pegged token on the Ethereum blockchain, offering versatility to users and other protocols. Its anticipated adoption spans various DeFi Dapps, encompassing DEX and lending protocols. Given its decentralized and non-custodial nature, CJPY holds the potential for widespread adoption as a payment medium within the Japanese crypto business ecosystem.
Conversion tables
1INCH to CJPY values from Today at 1:01 pm
0.5 1INCH = 8.27 CJPY |
1 1INCH = 16.54 CJPY |
5 1INCH = 82.69 CJPY |
10 1INCH = 165.38 CJPY |
50 1INCH = 826.88 CJPY |
100 1INCH = 1,653.75 CJPY |
500 1INCH = 8,268.76 CJPY |
1,000 1INCH = 16,537.51 CJPY |
CJPY to 1INCH values from Today at 12:59 pm
0.5 CJPY = 0.03023 1INCH |
1 CJPY = 0.06047 1INCH |
5 CJPY = 0.3023 1INCH |
10 CJPY = 0.6047 1INCH |
50 CJPY = 3.02 1INCH |
100 CJPY = 6.05 1INCH |
500 CJPY = 30.23 1INCH |
1,000 CJPY = 60.47 1INCH |
1INCH to CJPY over time
1INCH | Today | 24H 0.66% | 1M -18.81% | 1Y -102.18% |
|---|---|---|---|---|
0.5 1INCH | 8.27 CJPY | 8.21 CJPY | 9.82 CJPY | 16.72 CJPY |
1 1INCH | 16.54 CJPY | 16.43 CJPY | 19.65 CJPY | 33.44 CJPY |
5 1INCH | 82.69 CJPY | 82.15 CJPY | 98.24 CJPY | 167.18 CJPY |
10 1INCH | 165.38 CJPY | 164.29 CJPY | 196.48 CJPY | 334.36 CJPY |
50 1INCH | 826.88 CJPY | 821.46 CJPY | 982.40 CJPY | 1,671.79 CJPY |
100 1INCH | 1,653.75 CJPY | 1,642.92 CJPY | 1,964.79 CJPY | 3,343.58 CJPY |
500 1INCH | 8,268.76 CJPY | 8,214.59 CJPY | 9,823.95 CJPY | 16,717.91 CJPY |
1,000 1INCH | 16,537.51 CJPY | 16,429.19 CJPY | 19,647.90 CJPY | 33,435.82 CJPY |
Frequently asked questions
Right now, 1 1inch is worth about $0.0695.
Based on the current rate, you could get 14.39 1INCH for 1 USD.
1inch price has been on the rise. Since yesterday, the exchange rate of 1inch has increased. Since last month, the exchange rate of 1inch has decreased. Since this time last year, the price of 1inch has decreased.
You can use our 1INCH to USD calculator at the top of this page to convert any amount of 1INCH to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 71.94 1INCH. Inversely, 5 1INCH will cost about $0.3475
1inch is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy 1inch.
There are a number of crypto assets that have the a similar or comparable market cap to 1inch, including Four, Sentient, and Standard Tokenization Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to 1inch.
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