Convert IDEX IDEX to Convertible JPY Token CJPY

Earn up to $2,000 when you buy $50 in crypto¹

Restrictions apply, see full terms.

Restrictions apply, see full terms.

About IDEX and CJPY

IDEX is falling, while Convertible JPY Token is climbing this week. The current IDEX to CJPY conversion rate is 0.3255. Inversely, this means that if you convert 1 CJPY you will get 3.07 IDEX. The conversion rate of IDEX/CJPY has increased by 1.18% in the last hour (CJPY/IDEX decreased by 1.18%). In the last 24 hours, IDEX/CJPY shrunk by 7.82%, while CJPY/IDEX grew by the same amount.

The exchange rate of IDEX is decreasing. The current value of 1 IDEX is 0.3255 CJPY. In other words, to buy 5 IDEX, it would cost you 1.6274 CJPY. Inversely, 1 CJPY would allow you to trade for 3.07 IDEX while 50 CJPY would convert to 153.62 IDEX, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 14.12%. Meanwhile, in the last 24 hours, the rate has changed by 7.91%, and that the highest exchange rate of 1 IDEX to CJPY was 0.4318 CJPY and the lowest 24 hour value was 1 IDEX for 0.3171 CJPY. Last month, 1 IDEX was worth 0.3616 CJPY. Today, it's down 11.1%. Looking back a year, IDEX has changed by 3.72 CJPY. That means that in a single year, the value of IDEX has shrank by 1,042.41%.

IDEX Market Stats

IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.

$0.001385Price
$1.58MMarket cap
$496.48KVolume (24h)
1B IDEXCir. Supply

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.

$0.004255Price
$901.92KMarket cap
$8.29KVolume (24h)
212.6M CJPYCir. Supply

Conversion tables

IDEX to CJPY values from Today at 12:39 pm

0.5 IDEX = 0.1627 CJPY
1 IDEX = 0.3255 CJPY
5 IDEX = 1.63 CJPY
10 IDEX = 3.25 CJPY
50 IDEX = 16.27 CJPY
100 IDEX = 32.55 CJPY
500 IDEX = 162.74 CJPY
1,000 IDEX = 325.49 CJPY

CJPY to IDEX values from Today at 12:37 pm

0.5 CJPY = 1.54 IDEX
1 CJPY = 3.07 IDEX
5 CJPY = 15.36 IDEX
10 CJPY = 30.72 IDEX
50 CJPY = 153.62 IDEX
100 CJPY = 307.23 IDEX
500 CJPY = 1,536.16 IDEX
1,000 CJPY = 3,072.33 IDEX

IDEX to CJPY over time

IDEX
Today
24H
-7.91%
1M
-11.10%
1Y
-1,042.41%
0.5 IDEX
0.1627 CJPY
0.1756 CJPY
0.1808 CJPY
1.86 CJPY
1 IDEX
0.3255 CJPY
0.3512 CJPY
0.3616 CJPY
3.72 CJPY
5 IDEX
1.63 CJPY
1.76 CJPY
1.81 CJPY
18.59 CJPY
10 IDEX
3.25 CJPY
3.51 CJPY
3.62 CJPY
37.18 CJPY
50 IDEX
16.27 CJPY
17.56 CJPY
18.08 CJPY
185.92 CJPY
100 IDEX
32.55 CJPY
35.12 CJPY
36.16 CJPY
371.84 CJPY
500 IDEX
162.74 CJPY
175.61 CJPY
180.81 CJPY
1,859.19 CJPY
1,000 IDEX
325.49 CJPY
351.23 CJPY
361.62 CJPY
3,718.39 CJPY

Frequently asked questions

Right now, 1 IDEX is worth about $0.001385.

Based on the current rate, you could get 722.02 IDEX for 1 USD.

IDEX price has been declining. Since yesterday, the exchange rate of IDEX has decreased. Since last month, the exchange rate of IDEX has decreased. Since this time last year, the price of IDEX has decreased.

You can use our IDEX to USD calculator at the top of this page to convert any amount of IDEX to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 3,610.11 IDEX. Inversely, 5 IDEX will cost about $0.006925

IDEX is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy IDEX.

There are a number of crypto assets that have the a similar or comparable market cap to IDEX, including Myria, Crypterium, and dForce. For a more robust list of assets to explore, jump to the asset page dedicated to IDEX.

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