Convert Raydium RAY to Convertible JPY Token CJPY
1 RAY converts to 147.25 CJPY
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Restrictions apply, see full terms.
About RAY and CJPY
Raydium is falling, while Convertible JPY Token is climbing this week. The current RAY to CJPY conversion rate is 147.25. Inversely, this means that if you convert 1 CJPY you will get 0.006791 RAY. The conversion rate of RAY/CJPY has decreased by 0.25% in the last hour (CJPY/RAY increased by 0.25%). In the last 24 hours, RAY/CJPY shrunk by 3.1%, while CJPY/RAY grew by the same amount.
The exchange rate of Raydium is decreasing. The current value of 1 RAY is 147.25 CJPY. In other words, to buy 5 Raydium, it would cost you 736.25 CJPY. Inversely, 1 CJPY would allow you to trade for 0.006791 RAY while 50 CJPY would convert to 0.3396 RAY, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.96%. Meanwhile, in the last 24 hours, the rate has changed by 2.99%, and that the highest exchange rate of 1 RAY to CJPY was 153.87 CJPY and the lowest 24 hour value was 1 RAY for 139.52 CJPY. Last month, 1 RAY was worth 148.98 CJPY. Today, it's down 1.17%. Looking back a year, Raydium has changed by 353.63 CJPY. That means that in a single year, the value of Raydium has shrank by 140.15%.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
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
RAY to CJPY values from Today at 4:19 pm
0.5 RAY = 73.63 CJPY |
1 RAY = 147.25 CJPY |
5 RAY = 736.25 CJPY |
10 RAY = 1,472.51 CJPY |
50 RAY = 7,362.55 CJPY |
100 RAY = 14,725.10 CJPY |
500 RAY = 73,625.49 CJPY |
1,000 RAY = 147,250.99 CJPY |
CJPY to RAY values from Today at 4:17 pm
0.5 CJPY = 0.003396 RAY |
1 CJPY = 0.006791 RAY |
5 CJPY = 0.03396 RAY |
10 CJPY = 0.06791 RAY |
50 CJPY = 0.3396 RAY |
100 CJPY = 0.6791 RAY |
500 CJPY = 3.40 RAY |
1,000 CJPY = 6.79 RAY |
RAY to CJPY over time
RAY | Today | 24H -2.99% | 1M -1.17% | 1Y -140.15% |
|---|---|---|---|---|
0.5 RAY | 73.63 CJPY | 75.83 CJPY | 74.49 CJPY | 176.81 CJPY |
1 RAY | 147.25 CJPY | 151.66 CJPY | 148.98 CJPY | 353.63 CJPY |
5 RAY | 736.25 CJPY | 758.28 CJPY | 744.90 CJPY | 1,768.15 CJPY |
10 RAY | 1,472.51 CJPY | 1,516.56 CJPY | 1,489.81 CJPY | 3,536.29 CJPY |
50 RAY | 7,362.55 CJPY | 7,582.78 CJPY | 7,449.03 CJPY | 17,681.47 CJPY |
100 RAY | 14,725.10 CJPY | 15,165.56 CJPY | 14,898.06 CJPY | 35,362.94 CJPY |
500 RAY | 73,625.49 CJPY | 75,827.82 CJPY | 74,490.28 CJPY | 176,814.69 CJPY |
1,000 RAY | 147,250.99 CJPY | 151,655.64 CJPY | 148,980.57 CJPY | 353,629.38 CJPY |
Frequently asked questions
Right now, 1 Raydium is worth about $0.6277.
Based on the current rate, you could get 1.59 RAY for 1 USD.
Raydium price has been declining. Since yesterday, the exchange rate of Raydium has decreased. Since last month, the exchange rate of Raydium has decreased. Since this time last year, the price of Raydium has decreased.
You can use our RAY to USD calculator at the top of this page to convert any amount of RAY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 7.97 RAY. Inversely, 5 RAY will cost about $3.14
Raydium is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Raydium.
There are a number of crypto assets that have the a similar or comparable market cap to Raydium, including Theta Network, Arweave, and Neo. For a more robust list of assets to explore, jump to the asset page dedicated to Raydium.
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