Convert Frax (prev. FXS) FXS to Convertible JPY Token CJPY
1 FXS converts to 68.09 CJPY
About FXS and CJPY
Frax (prev. FXS) is climbing, while Convertible JPY Token is falling this week. The current FXS to CJPY conversion rate is 68.09. Inversely, this means that if you convert 1 CJPY you will get 0.01469 FXS. The conversion rate of FXS/CJPY has increased by 0.13% in the last hour (CJPY/FXS decreased by 0.13%). In the last 24 hours, FXS/CJPY grew by 0.25%, while CJPY/FXS shrunk by the same amount.
The exchange rate of Frax (prev. FXS) is increasing. The current value of 1 FXS is 68.09 CJPY. In other words, to buy 5 Frax (prev. FXS), it would cost you 340.46 CJPY. Inversely, 1 CJPY would allow you to trade for 0.01469 FXS while 50 CJPY would convert to 0.7343 FXS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.86%. Meanwhile, in the last 24 hours, the rate has changed by 0.27%, and that the highest exchange rate of 1 FXS to CJPY was 69.88 CJPY and the lowest 24 hour value was 1 FXS for 67.68 CJPY. Last month, 1 FXS was worth 95.47 CJPY. Today, it's down 40.21%. Looking back a year, Frax (prev. FXS) has changed by 451.74 CJPY. That means that in a single year, the value of Frax (prev. FXS) has shrank by 563.43%.
Frax (prev. FXS) Market Stats
Frax (prev. FXS) (FRAX) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Frax (prev. FXS) has a current supply of 99,681,495.59113361 with 95,514,241.02269961 in circulation. The last known price of Frax (prev. FXS) is 0.39405901 USD and is up 0.31 over the last 24 hours. It is currently trading on 337 active market(s) with $377,981.88 traded over the last 24 hours.
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
FXS to CJPY values from Today at 8:29 pm
0.5 FXS = 34.05 CJPY |
1 FXS = 68.09 CJPY |
5 FXS = 340.46 CJPY |
10 FXS = 680.92 CJPY |
50 FXS = 3,404.62 CJPY |
100 FXS = 6,809.24 CJPY |
500 FXS = 34,046.20 CJPY |
1,000 FXS = 68,092.39 CJPY |
CJPY to FXS values from Today at 8:29 pm
0.5 CJPY = 0.007343 FXS |
1 CJPY = 0.01469 FXS |
5 CJPY = 0.07343 FXS |
10 CJPY = 0.1469 FXS |
50 CJPY = 0.7343 FXS |
100 CJPY = 1.47 FXS |
500 CJPY = 7.34 FXS |
1,000 CJPY = 14.69 FXS |
FXS to CJPY over time
FXS | Today | 24H 0.27% | 1M -40.21% | 1Y -563.43% |
|---|---|---|---|---|
0.5 FXS | 34.05 CJPY | 33.95 CJPY | 47.73 CJPY | 225.87 CJPY |
1 FXS | 68.09 CJPY | 67.91 CJPY | 95.47 CJPY | 451.74 CJPY |
5 FXS | 340.46 CJPY | 339.53 CJPY | 477.35 CJPY | 2,258.71 CJPY |
10 FXS | 680.92 CJPY | 679.06 CJPY | 954.70 CJPY | 4,517.43 CJPY |
50 FXS | 3,404.62 CJPY | 3,395.32 CJPY | 4,773.50 CJPY | 22,587.13 CJPY |
100 FXS | 6,809.24 CJPY | 6,790.64 CJPY | 9,546.99 CJPY | 45,174.26 CJPY |
500 FXS | 34,046.20 CJPY | 33,953.20 CJPY | 47,734.97 CJPY | 225,871.30 CJPY |
1,000 FXS | 68,092.39 CJPY | 67,906.41 CJPY | 95,469.94 CJPY | 451,742.61 CJPY |
Frequently asked questions
Right now, 1 Frax (prev. FXS) is worth about $0.2853.
Based on the current rate, you could get 3.51 FXS for 1 USD.
Frax (prev. FXS) price has been on the rise. Since yesterday, the exchange rate of Frax (prev. FXS) has increased. Since last month, the exchange rate of Frax (prev. FXS) has decreased. Since this time last year, the price of Frax (prev. FXS) has decreased.
You can use our FXS to USD calculator at the top of this page to convert any amount of FXS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 17.53 FXS. Inversely, 5 FXS will cost about $1.43
Frax (prev. FXS) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax (prev. FXS).
There are a number of crypto assets that have the a similar or comparable market cap to Frax (prev. FXS), including iShares Silver Trust Tokenized ETF (Ondo), MVL, and Bonfida. For a more robust list of assets to explore, jump to the asset page dedicated to Frax (prev. FXS).
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