Convert Convertible JPY Token CJPY to Swedish Krona SEK

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About Convertible JPY Token

Convertible JPY Token is climbing this week. The current price of Convertible JPY Token is SEK 0.04207 per CJPY. With a circulating supply of 212,623,613.256 CJPY, it means that Convertible JPY Token has a total market cap of SEK 8,930,304.51. The amount of Convertible JPY Token traded has risen by SEK 1,155.60 in the last 24 hours, which is a 6.44% increase. Additionally, in the last day, SEK 17,940.96 worth of CJPY has been traded.

The exchange rate of Convertible JPY Token is increasing. The current value of 1 CJPY is SEK 0.04207 SEK. In other words, to buy 5 Convertible JPY Token, it would cost you SEK 0.21036 SEK. Inversely, SEK 1.00 SEK would allow you to trade for 23.77 CJPY while SEK 50.00 SEK would convert to 1,188.45 CJPY, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 8%. Meanwhile, in the last 24 hours, the rate has changed by 0.67%, which means that the highest exchange rate of 1 CJPY to SEK was SEK 0.04246 SEK and the lowest 24 hour value was 1 CJPY for SEK 0.04178 SEK. Last month, 1 CJPY was worth SEK 0.03855 SEK. Today, it's up 5.51%. Looking back a year, Convertible JPY Token has changed by SEK 0.0579 SEK. That means that in a single year, the value of Convertible JPY Token has shrank by 28.06%.

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.

SEK 0.04207Price
SEK 8.93MMarket cap
SEK 17.94KVolume (24h)
212.6M CJPYCir. Supply

Conversion tables

CJPY to SEK values from Today at 11:04 am

0.5 CJPY = SEK 0.02104 SEK
1 CJPY = SEK 0.04207 SEK
5 CJPY = SEK 0.2104 SEK
10 CJPY = SEK 0.4207 SEK
50 CJPY = SEK 2.10 SEK
100 CJPY = SEK 4.21 SEK
500 CJPY = SEK 21.04 SEK
1,000 CJPY = SEK 42.07 SEK

SEK to CJPY values from Today at

SEK 0.50 SEK = 11.88 CJPY
SEK 1.00 SEK = 23.77 CJPY
SEK 5.00 SEK = 118.85 CJPY
SEK 10.00 SEK = 237.69 CJPY
SEK 50.00 SEK = 1,188.45 CJPY
SEK 100.00 SEK = 2,376.91 CJPY
SEK 500.00 SEK = 11,884.53 CJPY
SEK 1,000.00 SEK = 23,769.06 CJPY

CJPY to SEK over time

CJPY
Today
24H
0.67%
1M
8.37%
1Y
-37.63%
0.5 CJPY
SEK 0.02104 SEK
SEK 0.0209 SEK
SEK 0.01927 SEK
SEK 0.02895 SEK
1 CJPY
SEK 0.04207 SEK
SEK 0.04179 SEK
SEK 0.03855 SEK
SEK 0.0579 SEK
5 CJPY
SEK 0.2104 SEK
SEK 0.209 SEK
SEK 0.1927 SEK
SEK 0.2895 SEK
10 CJPY
SEK 0.4207 SEK
SEK 0.4179 SEK
SEK 0.3855 SEK
SEK 0.579 SEK
50 CJPY
SEK 2.10 SEK
SEK 2.09 SEK
SEK 1.93 SEK
SEK 2.90 SEK
100 CJPY
SEK 4.21 SEK
SEK 4.18 SEK
SEK 3.85 SEK
SEK 5.79 SEK
500 CJPY
SEK 21.04 SEK
SEK 20.90 SEK
SEK 19.27 SEK
SEK 28.95 SEK
1,000 CJPY
SEK 42.07 SEK
SEK 41.79 SEK
SEK 38.55 SEK
SEK 57.90 SEK

Frequently asked questions

Right now, 1 Convertible JPY Token is worth about SEK 0.04207.

Based on the current rate, you could get 23.77 CJPY for 1 SEK.

Convertible JPY Token price has been on the rise. Since yesterday, the exchange rate of Convertible JPY Token has increased. Since last month, the exchange rate of Convertible JPY Token has increased. Since this time last year, the price of Convertible JPY Token has decreased.

You can use our CJPY to SEK calculator at the top of this page to convert any amount of CJPY to SEK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SEK is equivalent to 118.85 CJPY. Inversely, 5 CJPY will cost about SEK 0.2104

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 Short-term T-Bill Token, BaseX, and BNBcat. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.

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