Convert Ondo ONDO to Convertible JPY Token CJPY
1 ONDO converts to 84.18 CJPY
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About ONDO and CJPY
Ondo is climbing, while Convertible JPY Token is falling this week. The current ONDO to CJPY conversion rate is 84.18. Inversely, this means that if you convert 1 CJPY you will get 0.01188 ONDO. The conversion rate of ONDO/CJPY has decreased by 0.92% in the last hour (CJPY/ONDO increased by 0.92%). In the last 24 hours, ONDO/CJPY grew by 2.65%, while CJPY/ONDO shrunk by the same amount.
The exchange rate of Ondo is increasing. The current value of 1 ONDO is 84.18 CJPY. In other words, to buy 5 Ondo, it would cost you 420.89 CJPY. Inversely, 1 CJPY would allow you to trade for 0.01188 ONDO while 50 CJPY would convert to 0.594 ONDO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.33%. Meanwhile, in the last 24 hours, the rate has changed by 2.91%, which means that the highest exchange rate of 1 ONDO to CJPY was 88.86 CJPY and the lowest 24 hour value was 1 ONDO for 80.35 CJPY. Last month, 1 ONDO was worth 92.49 CJPY. Today, it's down 9.87%. Looking back a year, Ondo has changed by 139.34 CJPY. That means that in a single year, the value of Ondo has shrank by 65.53%.
Ondo Market Stats
Ondo Finance was created to bring institutional-grade financial products onchain, including tokens backed by U.S. Treasuries. Flux Finance is a decentralized lending platform that supports Ondo Finance’s tokenized U.S. Treasuries. ONDO is used to govern the Ondo DAO and the Flux Finance protocol.
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
ONDO to CJPY values from Today at 2:51 am
0.5 ONDO = 42.09 CJPY |
1 ONDO = 84.18 CJPY |
5 ONDO = 420.89 CJPY |
10 ONDO = 841.78 CJPY |
50 ONDO = 4,208.92 CJPY |
100 ONDO = 8,417.85 CJPY |
500 ONDO = 42,089.23 CJPY |
1,000 ONDO = 84,178.45 CJPY |
CJPY to ONDO values from Today at 2:49 am
0.5 CJPY = 0.00594 ONDO |
1 CJPY = 0.01188 ONDO |
5 CJPY = 0.0594 ONDO |
10 CJPY = 0.1188 ONDO |
50 CJPY = 0.594 ONDO |
100 CJPY = 1.19 ONDO |
500 CJPY = 5.94 ONDO |
1,000 CJPY = 11.88 ONDO |
ONDO to CJPY over time
ONDO | Today | 24H 2.91% | 1M -9.87% | 1Y -65.53% |
|---|---|---|---|---|
0.5 ONDO | 42.09 CJPY | 40.87 CJPY | 46.24 CJPY | 69.67 CJPY |
1 ONDO | 84.18 CJPY | 81.73 CJPY | 92.49 CJPY | 139.34 CJPY |
5 ONDO | 420.89 CJPY | 408.65 CJPY | 462.44 CJPY | 696.70 CJPY |
10 ONDO | 841.78 CJPY | 817.31 CJPY | 924.89 CJPY | 1,393.40 CJPY |
50 ONDO | 4,208.92 CJPY | 4,086.53 CJPY | 4,624.45 CJPY | 6,966.98 CJPY |
100 ONDO | 8,417.85 CJPY | 8,173.05 CJPY | 9,248.90 CJPY | 13,933.95 CJPY |
500 ONDO | 42,089.23 CJPY | 40,865.26 CJPY | 46,244.50 CJPY | 69,669.76 CJPY |
1,000 ONDO | 84,178.45 CJPY | 81,730.52 CJPY | 92,488.99 CJPY | 139,339.51 CJPY |
Frequently asked questions
Right now, 1 Ondo is worth about $0.3548.
Based on the current rate, you could get 2.82 ONDO for 1 USD.
Ondo price has been on the rise. Since yesterday, the exchange rate of Ondo has increased. Since last month, the exchange rate of Ondo has decreased. Since this time last year, the price of Ondo has decreased.
You can use our ONDO to USD calculator at the top of this page to convert any amount of ONDO to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 14.09 ONDO. Inversely, 5 ONDO will cost about $1.77
Ondo is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Ondo.
There are a number of crypto assets that have the a similar or comparable market cap to Ondo, including Mantle, Ripple USD, and World Liberty Financial. For a more robust list of assets to explore, jump to the asset page dedicated to Ondo.
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