Convert edgeX EDGEX to Convertible JPY Token CJPY
1 EDGEX converts to 130.77 CJPY
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Restrictions apply, see full terms.
About EDGEX and CJPY
edgeX is falling, while Convertible JPY Token is climbing this week. The current EDGEX to CJPY conversion rate is 130.77. Inversely, this means that if you convert 1 CJPY you will get 0.007647 EDGEX. The conversion rate of EDGEX/CJPY has increased by 0.32% in the last hour (CJPY/EDGEX decreased by 0.32%). In the last 24 hours, EDGEX/CJPY shrunk by 13.38%, while CJPY/EDGEX grew by the same amount.
The exchange rate of edgeX is decreasing. The current value of 1 EDGEX is 130.77 CJPY. In other words, to buy 5 edgeX, it would cost you 653.84 CJPY. Inversely, 1 CJPY would allow you to trade for 0.007647 EDGEX while 50 CJPY would convert to 0.3824 EDGEX, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 139.08%. Meanwhile, in the last 24 hours, the rate has changed by 12.08%, and that the highest exchange rate of 1 EDGEX to CJPY was 150.22 CJPY and the lowest 24 hour value was 1 EDGEX for 127.81 CJPY. Last month, 1 EDGEX was worth 241.02 CJPY. Today, it's down 84.31%. Looking back a year, edgeX has changed by 0.00 CJPY. That means that in a single year, the value of edgeX has grown by 100%.
edgeX Market Stats
EdgeX is a decentralized perpetual futures exchange that combines the speed and performance of centralized exchanges with the transparency and self-custody of DeFi. The platform features an off-chain order matching engine with on-chain settlement, enabling high-speed, low-latency trading across a wide range of crypto assets. Due to a ticker collision, Coinbase will use the ticker "EDGEX" for this asset instead of its on-chain or MiCA whitepaper designation "EDGE". This adjustment ensures compatibility with existing assets on our platform and avoids potential conflicts. The change does not affect the underlying asset's functionality or value.
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
EDGEX to CJPY values from Today at 1:31 am
0.5 EDGEX = 65.38 CJPY |
1 EDGEX = 130.77 CJPY |
5 EDGEX = 653.84 CJPY |
10 EDGEX = 1,307.68 CJPY |
50 EDGEX = 6,538.39 CJPY |
100 EDGEX = 13,076.78 CJPY |
500 EDGEX = 65,383.90 CJPY |
1,000 EDGEX = 130,767.81 CJPY |
CJPY to EDGEX values from Today at 1:30 am
0.5 CJPY = 0.003824 EDGEX |
1 CJPY = 0.007647 EDGEX |
5 CJPY = 0.03824 EDGEX |
10 CJPY = 0.07647 EDGEX |
50 CJPY = 0.3824 EDGEX |
100 CJPY = 0.7647 EDGEX |
500 CJPY = 3.82 EDGEX |
1,000 CJPY = 7.65 EDGEX |
EDGEX to CJPY over time
EDGEX | Today | 24H -12.08% | 1M -84.31% | 1Y 100.00% |
|---|---|---|---|---|
0.5 EDGEX | 65.38 CJPY | 73.28 CJPY | 120.51 CJPY | 0.00 CJPY |
1 EDGEX | 130.77 CJPY | 146.56 CJPY | 241.02 CJPY | 0.00 CJPY |
5 EDGEX | 653.84 CJPY | 732.80 CJPY | 1,205.10 CJPY | 0.00 CJPY |
10 EDGEX | 1,307.68 CJPY | 1,465.60 CJPY | 2,410.21 CJPY | 0.00 CJPY |
50 EDGEX | 6,538.39 CJPY | 7,328.02 CJPY | 12,051.04 CJPY | 0.00 CJPY |
100 EDGEX | 13,076.78 CJPY | 14,656.05 CJPY | 24,102.08 CJPY | 0.00 CJPY |
500 EDGEX | 65,383.90 CJPY | 73,280.23 CJPY | 120,510.38 CJPY | 0.00 CJPY |
1,000 EDGEX | 130,767.81 CJPY | 146,560.46 CJPY | 241,020.77 CJPY | 0.00 CJPY |
Frequently asked questions
Right now, 1 edgeX is worth about $0.5556.
Based on the current rate, you could get 1.80 EDGEX for 1 USD.
edgeX price has been declining. Since yesterday, the exchange rate of edgeX has decreased. Since last month, the exchange rate of edgeX has decreased. Since this time last year, the price of edgeX has decreased.
You can use our EDGEX to USD calculator at the top of this page to convert any amount of EDGEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 9.00 EDGEX. Inversely, 5 EDGEX will cost about $2.78
edgeX is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy edgeX.
There are a number of crypto assets that have the a similar or comparable market cap to edgeX, including Trust Wallet Token, Akash Network, and OriginTrail. For a more robust list of assets to explore, jump to the asset page dedicated to edgeX.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.