Convert SWELL SWELL to Convertible JPY Token CJPY
1 SWELL converts to 0.1812 CJPY
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Restrictions apply, see full terms.
About SWELL and CJPY
SWELL is falling, while Convertible JPY Token is climbing this week. The current SWELL to CJPY conversion rate is 0.1812. Inversely, this means that if you convert 1 CJPY you will get 5.52 SWELL. The conversion rate of SWELL/CJPY has increased by 0.04% in the last hour (CJPY/SWELL decreased by 0.04%). In the last 24 hours, SWELL/CJPY shrunk by 2.36%, while CJPY/SWELL grew by the same amount.
The exchange rate of SWELL is decreasing. The current value of 1 SWELL is 0.1812 CJPY. In other words, to buy 5 SWELL, it would cost you 0.9058 CJPY. Inversely, 1 CJPY would allow you to trade for 5.52 SWELL while 50 CJPY would convert to 275.99 SWELL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 10.21%. Meanwhile, in the last 24 hours, the rate has changed by 2.4%, and that the highest exchange rate of 1 SWELL to CJPY was 0.2005 CJPY and the lowest 24 hour value was 1 SWELL for 0.1761 CJPY. Last month, 1 SWELL was worth 0.2614 CJPY. Today, it's down 44.29%. Looking back a year, SWELL has changed by 1.42 CJPY. That means that in a single year, the value of SWELL has shrank by 684.2%.
SWELL Market Stats
Swell is a non-custodial staking protocol where users are able to earn passive income by staking or restaking ETH to earn both blockchain rewards and restaked AVS rewards, and in return be provided with a yield-bearing liquid token (LST or LRT) to hold or participate in the wider DeFi ecosystem to earn additional yield. SWELL is the native governance token of Swell DAO. In addition to governance, SWELL can be restaked alongside other assets like rswETH and swBTC, to enhance the cryptoeconomic security of Swell’s Layer 2 infrastructure services (AVSs).
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
SWELL to CJPY values from Today at 11:07 am
0.5 SWELL = 0.09058 CJPY |
1 SWELL = 0.1812 CJPY |
5 SWELL = 0.9058 CJPY |
10 SWELL = 1.81 CJPY |
50 SWELL = 9.06 CJPY |
100 SWELL = 18.12 CJPY |
500 SWELL = 90.58 CJPY |
1,000 SWELL = 181.16 CJPY |
CJPY to SWELL values from Today at 11:04 am
0.5 CJPY = 2.76 SWELL |
1 CJPY = 5.52 SWELL |
5 CJPY = 27.60 SWELL |
10 CJPY = 55.20 SWELL |
50 CJPY = 275.99 SWELL |
100 CJPY = 551.99 SWELL |
500 CJPY = 2,759.94 SWELL |
1,000 CJPY = 5,519.87 SWELL |
SWELL to CJPY over time
SWELL | Today | 24H -2.40% | 1M -44.29% | 1Y -684.20% |
|---|---|---|---|---|
0.5 SWELL | 0.09058 CJPY | 0.09275 CJPY | 0.1307 CJPY | 0.7103 CJPY |
1 SWELL | 0.1812 CJPY | 0.1855 CJPY | 0.2614 CJPY | 1.42 CJPY |
5 SWELL | 0.9058 CJPY | 0.9275 CJPY | 1.31 CJPY | 7.10 CJPY |
10 SWELL | 1.81 CJPY | 1.86 CJPY | 2.61 CJPY | 14.21 CJPY |
50 SWELL | 9.06 CJPY | 9.28 CJPY | 13.07 CJPY | 71.03 CJPY |
100 SWELL | 18.12 CJPY | 18.55 CJPY | 26.14 CJPY | 142.07 CJPY |
500 SWELL | 90.58 CJPY | 92.75 CJPY | 130.70 CJPY | 710.34 CJPY |
1,000 SWELL | 181.16 CJPY | 185.51 CJPY | 261.40 CJPY | 1,420.69 CJPY |
Frequently asked questions
Right now, 1 SWELL is worth about $0.000735.
Based on the current rate, you could get 1,360.54 SWELL for 1 USD.
SWELL price has been declining. Since yesterday, the exchange rate of SWELL has decreased. Since last month, the exchange rate of SWELL has decreased. Since this time last year, the price of SWELL has decreased.
You can use our SWELL to USD calculator at the top of this page to convert any amount of SWELL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 6,802.72 SWELL. Inversely, 5 SWELL will cost about $0.003675
SWELL is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy SWELL.
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