Convert Chainlink LINK to Convertible JPY Token CJPY

LINK to CJPY: 1 Chainlink converts to 2,501.82 CJPY

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About LINK and CJPY

Chainlink is climbing, while Convertible JPY Token is falling this week. The current LINK to CJPY conversion rate is 2,501.82. Inversely, this means that if you convert 1 CJPY you will get 0.0003997 LINK. The conversion rate of LINK/CJPY has increased by 0.3% in the last hour (CJPY/LINK decreased by 0.3%). In the last 24 hours, LINK/CJPY grew by 3.15%, while CJPY/LINK shrunk by the same amount.

The exchange rate of Chainlink is increasing. The current value of 1 LINK is 2,501.82 CJPY. In other words, to buy 5 Chainlink, it would cost you 12,509.09 CJPY. Inversely, 1 CJPY would allow you to trade for 0.0003997 LINK while 50 CJPY would convert to 0.01999 LINK, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 9.87%. Meanwhile, in the last 24 hours, the rate has changed by 3.86%, which means that the highest exchange rate of 1 LINK to CJPY was 2,535.81 CJPY and the lowest 24 hour value was 1 LINK for 2,381.69 CJPY. Last month, 1 LINK was worth 2,279.91 CJPY. Today, it's up 8.87%. Looking back a year, Chainlink has changed by 3,930.18 CJPY. That means that in a single year, the value of Chainlink has shrank by 57.09%.

Chainlink Market Stats

Chainlink is an oracle platform bringing the capital markets onchain and powering decentralized finance, featuring a novel fee model where offchain and onchain revenue from Chainlink adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.

$12.96Price
$9.67BMarket cap
$650.32MVolume (24h)
748.1M LINKCir. 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.

$0.005178Price
$1.1MMarket cap
$4.68KVolume (24h)
212.6M CJPYCir. Supply

Conversion tables

LINK to CJPY values from Today at 7:17 pm

0.5 LINK = 1,250.91 CJPY
1 LINK = 2,501.82 CJPY
5 LINK = 12,509.09 CJPY
10 LINK = 25,018.18 CJPY
50 LINK = 125,090.90 CJPY
100 LINK = 250,181.80 CJPY
500 LINK = 1,250,909.01 CJPY
1,000 LINK = 2,501,818.02 CJPY

CJPY to LINK values from Today at 7:14 pm

0.5 CJPY = 0.0001999 LINK
1 CJPY = 0.0003997 LINK
5 CJPY = 0.001999 LINK
10 CJPY = 0.003997 LINK
50 CJPY = 0.01999 LINK
100 CJPY = 0.03997 LINK
500 CJPY = 0.1999 LINK
1,000 CJPY = 0.3997 LINK

LINK to CJPY over time

LINK
Today
24H
3.86%
1M
8.87%
1Y
-57.09%
0.5 LINK
1,250.91 CJPY
1,202.58 CJPY
1,139.95 CJPY
1,965.09 CJPY
1 LINK
2,501.82 CJPY
2,405.16 CJPY
2,279.91 CJPY
3,930.18 CJPY
5 LINK
12,509.09 CJPY
12,025.80 CJPY
11,399.53 CJPY
19,650.89 CJPY
10 LINK
25,018.18 CJPY
24,051.61 CJPY
22,799.06 CJPY
39,301.78 CJPY
50 LINK
125,090.90 CJPY
120,258.04 CJPY
113,995.32 CJPY
196,508.89 CJPY
100 LINK
250,181.80 CJPY
240,516.08 CJPY
227,990.64 CJPY
393,017.78 CJPY
500 LINK
1,250,909.01 CJPY
1,202,580.41 CJPY
1,139,953.21 CJPY
1,965,088.88 CJPY
1,000 LINK
2,501,818.02 CJPY
2,405,160.82 CJPY
2,279,906.42 CJPY
3,930,177.77 CJPY

Frequently asked questions

Right now, 1 Chainlink is worth about $12.96.
Based on the current rate, you could get 0.07719 LINK for 1 USD.
Chainlink price has been on the rise. Since yesterday, the exchange rate of Chainlink has increased. Since last month, the exchange rate of Chainlink has increased. Since this time last year, the price of Chainlink has decreased.
You can use our LINK to USD calculator at the top of this page to convert any amount of LINK to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.386 LINK. Inversely, 5 LINK will cost about $64.78
Chainlink is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Chainlink.
There are a number of crypto assets that have the a similar or comparable market cap to Chainlink, including Monero, Cardano, and Dogecoin. For a more robust list of assets to explore, jump to the asset page dedicated to Chainlink.

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