Convert Theta Network THETA to Convertible JPY Token CJPY
1 THETA converts to 37.67 CJPY
About THETA and CJPY
Theta Network is climbing, while Convertible JPY Token is falling this week. The current THETA to CJPY conversion rate is 37.67. Inversely, this means that if you convert 1 CJPY you will get 0.02655 THETA. The conversion rate of THETA/CJPY has decreased by 0.73% in the last hour (CJPY/THETA increased by 0.73%). In the last 24 hours, THETA/CJPY grew by 2.23%, while CJPY/THETA shrunk by the same amount.
The exchange rate of Theta Network is increasing. The current value of 1 THETA is 37.67 CJPY. In other words, to buy 5 Theta Network, it would cost you 188.34 CJPY. Inversely, 1 CJPY would allow you to trade for 0.02655 THETA while 50 CJPY would convert to 1.33 THETA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.99%. Meanwhile, in the last 24 hours, the rate has changed by 2.26%, which means that the highest exchange rate of 1 THETA to CJPY was 38.41 CJPY and the lowest 24 hour value was 1 THETA for 36.45 CJPY. Last month, 1 THETA was worth 47.20 CJPY. Today, it's down 25.3%. Looking back a year, Theta Network has changed by 116.91 CJPY. That means that in a single year, the value of Theta Network has shrank by 210.37%.
Theta Network 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
THETA to CJPY values from Today at 7:25 pm
0.5 THETA = 18.83 CJPY |
1 THETA = 37.67 CJPY |
5 THETA = 188.34 CJPY |
10 THETA = 376.68 CJPY |
50 THETA = 1,883.38 CJPY |
100 THETA = 3,766.76 CJPY |
500 THETA = 18,833.79 CJPY |
1,000 THETA = 37,667.57 CJPY |
CJPY to THETA values from Today at 7:25 pm
0.5 CJPY = 0.01327 THETA |
1 CJPY = 0.02655 THETA |
5 CJPY = 0.1327 THETA |
10 CJPY = 0.2655 THETA |
50 CJPY = 1.33 THETA |
100 CJPY = 2.65 THETA |
500 CJPY = 13.27 THETA |
1,000 CJPY = 26.55 THETA |
THETA to CJPY over time
THETA | Today | 24H 2.26% | 1M -25.30% | 1Y -210.37% |
|---|---|---|---|---|
0.5 THETA | 18.83 CJPY | 18.41 CJPY | 23.60 CJPY | 58.45 CJPY |
1 THETA | 37.67 CJPY | 36.82 CJPY | 47.20 CJPY | 116.91 CJPY |
5 THETA | 188.34 CJPY | 184.08 CJPY | 235.99 CJPY | 584.54 CJPY |
10 THETA | 376.68 CJPY | 368.16 CJPY | 471.99 CJPY | 1,169.09 CJPY |
50 THETA | 1,883.38 CJPY | 1,840.81 CJPY | 2,359.94 CJPY | 5,845.43 CJPY |
100 THETA | 3,766.76 CJPY | 3,681.63 CJPY | 4,719.88 CJPY | 11,690.85 CJPY |
500 THETA | 18,833.79 CJPY | 18,408.14 CJPY | 23,599.38 CJPY | 58,454.27 CJPY |
1,000 THETA | 37,667.57 CJPY | 36,816.28 CJPY | 47,198.75 CJPY | 116,908.54 CJPY |
Frequently asked questions
Right now, 1 Theta Network is worth about $0.1597.
Based on the current rate, you could get 6.26 THETA for 1 USD.
Theta Network price has been on the rise. Since yesterday, the exchange rate of Theta Network has increased. Since last month, the exchange rate of Theta Network has decreased. Since this time last year, the price of Theta Network has decreased.
You can use our THETA to USD calculator at the top of this page to convert any amount of THETA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 31.32 THETA. Inversely, 5 THETA will cost about $0.7983
Theta Network is not currently available through Coinbase, but you can sign up to get the latest news on Theta Network and be notified when it is available.
There are a number of crypto assets that have the a similar or comparable market cap to Theta Network, including Raydium, dogwifhat, and Trust Wallet Token. For a more robust list of assets to explore, jump to the asset page dedicated to Theta Network.
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