Convert Kite KITE 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 KITE and CJPY

Kite is falling, while Convertible JPY Token is climbing this week. The current KITE to CJPY conversion rate is 42.33. Inversely, this means that if you convert 1 CJPY you will get 0.02363 KITE. The conversion rate of KITE/CJPY has decreased by 2.72% in the last hour (CJPY/KITE increased by 2.72%). In the last 24 hours, KITE/CJPY shrunk by 3.43%, while CJPY/KITE grew by the same amount.

The exchange rate of Kite is decreasing. The current value of 1 KITE is 42.33 CJPY. In other words, to buy 5 Kite, it would cost you 211.63 CJPY. Inversely, 1 CJPY would allow you to trade for 0.02363 KITE while 50 CJPY would convert to 1.18 KITE, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 3.06%. Meanwhile, in the last 24 hours, the rate has changed by 1.68%, and that the highest exchange rate of 1 KITE to CJPY was 45.48 CJPY and the lowest 24 hour value was 1 KITE for 41.56 CJPY. Last month, 1 KITE was worth 28.37 CJPY. Today, it's up 32.97%. Looking back a year, Kite has changed by 0.00 CJPY. That means that in a single year, the value of Kite has grown by 100%.

Kite Market Stats

KITE is the native token of the Kite network, an AI-focused Layer-1 blockchain designed to power an “agentic economy,” where autonomous artificial intelligence agents transact, pay for services, and communicate on-chain without intermediaries.

$0.1745Price
$314.43MMarket cap
$34.9MVolume (24h)
1.8B KITECir. 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.

$0.004123Price
$878.67KMarket cap
$15.05KVolume (24h)
212.6M CJPYCir. Supply

Conversion tables

KITE to CJPY values from Today at 6:54 am

0.5 KITE = 21.16 CJPY
1 KITE = 42.33 CJPY
5 KITE = 211.63 CJPY
10 KITE = 423.25 CJPY
50 KITE = 2,116.27 CJPY
100 KITE = 4,232.55 CJPY
500 KITE = 21,162.74 CJPY
1,000 KITE = 42,325.48 CJPY

CJPY to KITE values from Today at 6:51 am

0.5 CJPY = 0.01181 KITE
1 CJPY = 0.02363 KITE
5 CJPY = 0.1181 KITE
10 CJPY = 0.2363 KITE
50 CJPY = 1.18 KITE
100 CJPY = 2.36 KITE
500 CJPY = 11.81 KITE
1,000 CJPY = 23.63 KITE

KITE to CJPY over time

KITE
Today
24H
-1.68%
1M
32.97%
1Y
100.00%
0.5 KITE
21.16 CJPY
21.52 CJPY
14.18 CJPY
0.00 CJPY
1 KITE
42.33 CJPY
43.03 CJPY
28.37 CJPY
0.00 CJPY
5 KITE
211.63 CJPY
215.17 CJPY
141.85 CJPY
0.00 CJPY
10 KITE
423.25 CJPY
430.35 CJPY
283.70 CJPY
0.00 CJPY
50 KITE
2,116.27 CJPY
2,151.73 CJPY
1,418.50 CJPY
0.00 CJPY
100 KITE
4,232.55 CJPY
4,303.46 CJPY
2,836.99 CJPY
0.00 CJPY
500 KITE
21,162.74 CJPY
21,517.30 CJPY
14,184.96 CJPY
0.00 CJPY
1,000 KITE
42,325.48 CJPY
43,034.59 CJPY
28,369.91 CJPY
0.00 CJPY

Frequently asked questions

Right now, 1 Kite is worth about $0.1745.

Based on the current rate, you could get 5.73 KITE for 1 USD.

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

You can use our KITE to USD calculator at the top of this page to convert any amount of KITE to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 28.65 KITE. Inversely, 5 KITE will cost about $0.8725

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

There are a number of crypto assets that have the a similar or comparable market cap to Kite, including LayerZero, Terra, and Sei. For a more robust list of assets to explore, jump to the asset page dedicated to Kite.

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