Convert Ethena Staked USDe SUSDE to Convertible JPY Token CJPY
1 SUSDE converts to 292.84 CJPY
About SUSDE and CJPY
Ethena Staked USDe is climbing, while Convertible JPY Token is falling this week. The current SUSDE to CJPY conversion rate is 292.84. Inversely, this means that if you convert 1 CJPY you will get 0.003415 SUSDE. The conversion rate of SUSDE/CJPY has increased by 1.35% in the last hour (CJPY/SUSDE decreased by 1.35%). In the last 24 hours, SUSDE/CJPY grew by 1.99%, while CJPY/SUSDE shrunk by the same amount.
The exchange rate of Ethena Staked USDe is increasing. The current value of 1 SUSDE is 292.84 CJPY. In other words, to buy 5 Ethena Staked USDe, it would cost you 1,464.22 CJPY. Inversely, 1 CJPY would allow you to trade for 0.003415 SUSDE while 50 CJPY would convert to 0.1707 SUSDE, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.7%. Meanwhile, in the last 24 hours, the rate has changed by 1.64%, which means that the highest exchange rate of 1 SUSDE to CJPY was 293.93 CJPY and the lowest 24 hour value was 1 SUSDE for 285.67 CJPY. Last month, 1 SUSDE was worth 252.69 CJPY. Today, it's up 13.71%. Looking back a year, Ethena Staked USDe has changed by 182.44 CJPY. That means that in a single year, the value of Ethena Staked USDe has grown by 37.7%.
Ethena Staked USDe Market Stats
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
SUSDE to CJPY values from Today at 3:00 pm
0.5 SUSDE = 146.42 CJPY |
1 SUSDE = 292.84 CJPY |
5 SUSDE = 1,464.22 CJPY |
10 SUSDE = 2,928.45 CJPY |
50 SUSDE = 14,642.23 CJPY |
100 SUSDE = 29,284.45 CJPY |
500 SUSDE = 146,422.27 CJPY |
1,000 SUSDE = 292,844.53 CJPY |
CJPY to SUSDE values from Today at 3:01 pm
0.5 CJPY = 0.001707 SUSDE |
1 CJPY = 0.003415 SUSDE |
5 CJPY = 0.01707 SUSDE |
10 CJPY = 0.03415 SUSDE |
50 CJPY = 0.1707 SUSDE |
100 CJPY = 0.3415 SUSDE |
500 CJPY = 1.71 SUSDE |
1,000 CJPY = 3.41 SUSDE |
SUSDE to CJPY over time
SUSDE | Today | 24H 1.64% | 1M 13.71% | 1Y 37.70% |
|---|---|---|---|---|
0.5 SUSDE | 146.42 CJPY | 144.01 CJPY | 126.34 CJPY | 91.22 CJPY |
1 SUSDE | 292.84 CJPY | 288.03 CJPY | 252.69 CJPY | 182.44 CJPY |
5 SUSDE | 1,464.22 CJPY | 1,440.15 CJPY | 1,263.43 CJPY | 912.22 CJPY |
10 SUSDE | 2,928.45 CJPY | 2,880.30 CJPY | 2,526.86 CJPY | 1,824.44 CJPY |
50 SUSDE | 14,642.23 CJPY | 14,401.48 CJPY | 12,634.31 CJPY | 9,122.19 CJPY |
100 SUSDE | 29,284.45 CJPY | 28,802.96 CJPY | 25,268.61 CJPY | 18,244.38 CJPY |
500 SUSDE | 146,422.27 CJPY | 144,014.80 CJPY | 126,343.06 CJPY | 91,221.90 CJPY |
1,000 SUSDE | 292,844.53 CJPY | 288,029.60 CJPY | 252,686.13 CJPY | 182,443.80 CJPY |
Frequently asked questions
Right now, 1 Ethena Staked USDe is worth about $1.23.
Based on the current rate, you could get 0.8109 SUSDE for 1 USD.
Ethena Staked USDe price has been declining. Since yesterday, the exchange rate of Ethena Staked USDe has decreased. Since last month, the exchange rate of Ethena Staked USDe has increased. Since this time last year, the price of Ethena Staked USDe has increased.
You can use our SUSDE to USD calculator at the top of this page to convert any amount of SUSDE to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.05 SUSDE. Inversely, 5 SUSDE will cost about $6.17
Ethena Staked USDe can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Ethena Staked USDe.
There are a number of crypto assets that have the a similar or comparable market cap to Ethena Staked USDe, including Aave USDT V2, syrupUSDC, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Ethena Staked USDe.
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