Convert Convex Finance CVX to Convertible JPY Token CJPY
1 CVX converts to 287.41 CJPY
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About CVX and CJPY
Convex Finance is falling, while Convertible JPY Token is climbing this week. The current CVX to CJPY conversion rate is 287.41. Inversely, this means that if you convert 1 CJPY you will get 0.003479 CVX. The conversion rate of CVX/CJPY has decreased by 0.55% in the last hour (CJPY/CVX increased by 0.55%). In the last 24 hours, CVX/CJPY shrunk by 1.78%, while CJPY/CVX grew by the same amount.
The exchange rate of Convex Finance is decreasing. The current value of 1 CVX is 287.41 CJPY. In other words, to buy 5 Convex Finance, it would cost you 1,437.06 CJPY. Inversely, 1 CJPY would allow you to trade for 0.003479 CVX while 50 CJPY would convert to 0.174 CVX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 21.3%. Meanwhile, in the last 24 hours, the rate has changed by 2.65%, and that the highest exchange rate of 1 CVX to CJPY was 303.28 CJPY and the lowest 24 hour value was 1 CVX for 278.26 CJPY. Last month, 1 CVX was worth 357.31 CJPY. Today, it's down 24.32%. Looking back a year, Convex Finance has changed by 447.53 CJPY. That means that in a single year, the value of Convex Finance has shrank by 55.71%.
Convex Finance Market Stats
CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings.
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
CVX to CJPY values from Today at 3:54 pm
0.5 CVX = 143.71 CJPY |
1 CVX = 287.41 CJPY |
5 CVX = 1,437.06 CJPY |
10 CVX = 2,874.11 CJPY |
50 CVX = 14,370.56 CJPY |
100 CVX = 28,741.11 CJPY |
500 CVX = 143,705.56 CJPY |
1,000 CVX = 287,411.11 CJPY |
CJPY to CVX values from Today at 3:51 pm
0.5 CJPY = 0.00174 CVX |
1 CJPY = 0.003479 CVX |
5 CJPY = 0.0174 CVX |
10 CJPY = 0.03479 CVX |
50 CJPY = 0.174 CVX |
100 CJPY = 0.3479 CVX |
500 CJPY = 1.74 CVX |
1,000 CJPY = 3.48 CVX |
CVX to CJPY over time
CVX | Today | 24H -2.65% | 1M -24.32% | 1Y -55.71% |
|---|---|---|---|---|
0.5 CVX | 143.71 CJPY | 147.52 CJPY | 178.66 CJPY | 223.76 CJPY |
1 CVX | 287.41 CJPY | 295.04 CJPY | 357.31 CJPY | 447.53 CJPY |
5 CVX | 1,437.06 CJPY | 1,475.21 CJPY | 1,786.55 CJPY | 2,237.63 CJPY |
10 CVX | 2,874.11 CJPY | 2,950.41 CJPY | 3,573.11 CJPY | 4,475.27 CJPY |
50 CVX | 14,370.56 CJPY | 14,752.07 CJPY | 17,865.54 CJPY | 22,376.34 CJPY |
100 CVX | 28,741.11 CJPY | 29,504.14 CJPY | 35,731.08 CJPY | 44,752.69 CJPY |
500 CVX | 143,705.56 CJPY | 147,520.70 CJPY | 178,655.41 CJPY | 223,763.43 CJPY |
1,000 CVX | 287,411.11 CJPY | 295,041.40 CJPY | 357,310.82 CJPY | 447,526.86 CJPY |
Frequently asked questions
Right now, 1 Convex Finance is worth about $1.19.
Based on the current rate, you could get 0.8418 CVX for 1 USD.
Convex Finance price has been on the rise. Since yesterday, the exchange rate of Convex Finance has increased. Since last month, the exchange rate of Convex Finance has decreased. Since this time last year, the price of Convex Finance has decreased.
You can use our CVX to USD calculator at the top of this page to convert any amount of CVX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.21 CVX. Inversely, 5 CVX will cost about $5.94
Convex Finance is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Convex Finance.
There are a number of crypto assets that have the a similar or comparable market cap to Convex Finance, including Plasma, Plasma, and DYDX. For a more robust list of assets to explore, jump to the asset page dedicated to Convex Finance.
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