Convert Convertible JPY Token CJPY to Hyperliquid HYPE
1 CJPY converts to 0.00006646 HYPE
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About CJPY and HYPE
Convertible JPY Token is climbing, while Hyperliquid is falling this week. The current CJPY to HYPE conversion rate is 0.00006646. Inversely, this means that if you convert 1 HYPE you will get 15,046.90 CJPY. The conversion rate of CJPY/HYPE has increased by 2.52% in the last hour (HYPE/CJPY decreased by 2.52%). In the last 24 hours, CJPY/HYPE grew by 5.87%, while HYPE/CJPY shrunk by the same amount.
The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is 0.00006646 HYPE. In other words, to buy 5 Convertible JPY Token, it would cost you 0.00033229 HYPE. Inversely, 1 HYPE would allow you to trade for 15,046.90 CJPY while 50 HYPE would convert to 752,345.06 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.3%. Meanwhile, in the last 24 hours, the rate has changed by 5.38%, and that the highest exchange rate of 1 CJPY to HYPE was 0.00006977 HYPE and the lowest 24 hour value was 1 CJPY for 0.00006192 HYPE. Last month, 1 CJPY was worth 0.0001206 HYPE. Today, it's down 81.41%. Looking back a year, Convertible JPY Token has changed by 0.0001817 HYPE. That means that in a single year, the value of Convertible JPY Token has shrank by 173.36%.
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.
Hyperliquid Market Stats
HYPE is the native token of Hyperliquid, a blockchain-based platform that provides onchain perpetual futures trading via its web application.
Conversion tables
CJPY to HYPE values from Today at 3:22 pm
0.5 CJPY = 0.00003323 HYPE |
1 CJPY = 0.00006646 HYPE |
5 CJPY = 0.0003323 HYPE |
10 CJPY = 0.0006646 HYPE |
50 CJPY = 0.003323 HYPE |
100 CJPY = 0.006646 HYPE |
500 CJPY = 0.03323 HYPE |
1,000 CJPY = 0.06646 HYPE |
HYPE to CJPY values from Today at 3:23 pm
0.5 HYPE = 7,523.45 CJPY |
1 HYPE = 15,046.90 CJPY |
5 HYPE = 75,234.51 CJPY |
10 HYPE = 150,469.01 CJPY |
50 HYPE = 752,345.06 CJPY |
100 HYPE = 1,504,690.12 CJPY |
500 HYPE = 7,523,450.62 CJPY |
1,000 HYPE = 15,046,901.24 CJPY |
CJPY to HYPE over time
CJPY | Today | 24H 5.38% | 1M -81.41% | 1Y -173.36% |
|---|---|---|---|---|
0.5 CJPY | 0.00003323 HYPE | 0.00003144 HYPE | 0.00006028 HYPE | 0.00009084 HYPE |
1 CJPY | 0.00006646 HYPE | 0.00006288 HYPE | 0.0001206 HYPE | 0.0001817 HYPE |
5 CJPY | 0.0003323 HYPE | 0.0003144 HYPE | 0.0006028 HYPE | 0.0009084 HYPE |
10 CJPY | 0.0006646 HYPE | 0.0006288 HYPE | 0.001206 HYPE | 0.001817 HYPE |
50 CJPY | 0.003323 HYPE | 0.003144 HYPE | 0.006028 HYPE | 0.009084 HYPE |
100 CJPY | 0.006646 HYPE | 0.006288 HYPE | 0.01206 HYPE | 0.01817 HYPE |
500 CJPY | 0.03323 HYPE | 0.03144 HYPE | 0.06028 HYPE | 0.09084 HYPE |
1,000 CJPY | 0.06646 HYPE | 0.06288 HYPE | 0.1206 HYPE | 0.1817 HYPE |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.004029.
Based on the current rate, you could get 248.18 CJPY for 1 USD.
Convertible JPY Token price has been declining. Since yesterday, the exchange rate of Convertible JPY Token has decreased. Since last month, the exchange rate of Convertible JPY Token has decreased. Since this time last year, the price of Convertible JPY Token has decreased.
You can use our CJPY to USD calculator at the top of this page to convert any amount of CJPY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,240.88 CJPY. Inversely, 5 CJPY will cost about $0.02015
Convertible JPY Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Convertible JPY Token.
There are a number of crypto assets that have the a similar or comparable market cap to Convertible JPY Token, including NianNian, Everybody Holds, and AxonDAO Governance Token. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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