Convert Convertible JPY Token CJPY to Humidifi WET
1 CJPY converts to 0.07418 WET
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About CJPY and WET
Convertible JPY Token is falling, while Humidifi is climbing this week. The current CJPY to WET conversion rate is 0.07418. Inversely, this means that if you convert 1 WET you will get 13.48 CJPY. The conversion rate of CJPY/WET has decreased by 1.29% in the last hour (WET/CJPY increased by 1.29%). In the last 24 hours, CJPY/WET shrunk by 3.51%, while WET/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.07418 WET. In other words, to buy 5 Convertible JPY Token, it would cost you 0.37089 WET. Inversely, 1 WET would allow you to trade for 13.48 CJPY while 50 WET would convert to 674.06 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.92%. Meanwhile, in the last 24 hours, the rate has changed by 3.57%, which means that the highest exchange rate of 1 CJPY to WET was 0.07687 WET and the lowest 24 hour value was 1 CJPY for 0.07367 WET. Last month, 1 CJPY was worth 0.05134 WET. Today, it's up 30.78%. Looking back a year, Convertible JPY Token has changed by ∞ WET. That means that in a single year, the value of Convertible JPY Token has shrank by ∞%.
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.
Humidifi Market Stats
HumidiFi operates as a "dark pool DEX" with active liquidity management by professional market makers, offering lower slippage, tighter spreads, and higher capital efficiency than traditional AMMs. WET powers staking for trading rebates, fee reductions, and access to higher rebate tiers.
Conversion tables
CJPY to WET values from Today at 3:23 pm
0.5 CJPY = 0.03709 WET |
1 CJPY = 0.07418 WET |
5 CJPY = 0.3709 WET |
10 CJPY = 0.7418 WET |
50 CJPY = 3.71 WET |
100 CJPY = 7.42 WET |
500 CJPY = 37.09 WET |
1,000 CJPY = 74.18 WET |
WET to CJPY values from Today at 3:26 pm
0.5 WET = 6.74 CJPY |
1 WET = 13.48 CJPY |
5 WET = 67.41 CJPY |
10 WET = 134.81 CJPY |
50 WET = 674.06 CJPY |
100 WET = 1,348.12 CJPY |
500 WET = 6,740.58 CJPY |
1,000 WET = 13,481.16 CJPY |
CJPY to WET over time
CJPY | Today | 24H -3.57% | 1M 30.78% | 1Y 91.71% |
|---|---|---|---|---|
0.5 CJPY | 0.03709 WET | 0.03841 WET | 0.02567 WET | 0.003076 WET |
1 CJPY | 0.07418 WET | 0.07683 WET | 0.05134 WET | 0.006152 WET |
5 CJPY | 0.3709 WET | 0.3841 WET | 0.2567 WET | 0.03076 WET |
10 CJPY | 0.7418 WET | 0.7683 WET | 0.5134 WET | 0.06152 WET |
50 CJPY | 3.71 WET | 3.84 WET | 2.57 WET | 0.3076 WET |
100 CJPY | 7.42 WET | 7.68 WET | 5.13 WET | 0.6152 WET |
500 CJPY | 37.09 WET | 38.41 WET | 25.67 WET | 3.08 WET |
1,000 CJPY | 74.18 WET | 76.83 WET | 51.34 WET | 6.15 WET |
Frequently asked questions
Right now, 1 Convertible JPY Token is worth about $0.00425.
Based on the current rate, you could get 235.27 CJPY for 1 USD.
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 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 1,176.37 CJPY. Inversely, 5 CJPY will cost about $0.02125
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 AI PIN, BNBcat, and BaseX. For a more robust list of assets to explore, jump to the asset page dedicated to Convertible JPY Token.
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