Convert Tensor TNSR to Convertible JPY Token CJPY

TNSR to CJPY: 1 Tensor converts to 6.88 CJPY

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About TNSR and CJPY

Tensor is falling, while Convertible JPY Token is climbing this week. The current TNSR to CJPY conversion rate is 6.88. Inversely, this means that if you convert 1 CJPY you will get 0.1453 TNSR. The conversion rate of TNSR/CJPY has decreased by 0.2% in the last hour (CJPY/TNSR increased by 0.2%). In the last 24 hours, TNSR/CJPY shrunk by 0.76%, while CJPY/TNSR grew by the same amount.

The exchange rate of Tensor is decreasing. The current value of 1 TNSR is 6.88 CJPY. In other words, to buy 5 Tensor, it would cost you 34.41 CJPY. Inversely, 1 CJPY would allow you to trade for 0.1453 TNSR while 50 CJPY would convert to 7.26 TNSR, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 1.79%. Meanwhile, in the last 24 hours, the rate has changed by 0.57%, and that the highest exchange rate of 1 TNSR to CJPY was 7.01 CJPY and the lowest 24 hour value was 1 TNSR for 6.84 CJPY. Last month, 1 TNSR was worth 10.97 CJPY. Today, it's down 59.39%. Looking back a year, Tensor has changed by 25.84 CJPY. That means that in a single year, the value of Tensor has shrank by 275.46%.

Tensor Market Stats

The Tensor Protocol is an autonomous protocol on Solana that NFT marketplaces can use to access deep liquidity and connect their users with other NFT traders. Tensor.trade, the leading NFT marketplace on Solana, is built on the Tensor Protocol. TNSR is the governance token of the Tensor Protocol. TNSR holders can vote on proposals pertaining to the protocol’s development, including the use of the community treasury.

$0.03195Price
$15.58MMarket cap
$4.84MVolume (24h)
487.8M TNSRCir. Supply

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.

$0.004642Price
$987.7KMarket cap
$918.49Volume (24h)
212.6M CJPYCir. Supply

Conversion tables

TNSR to CJPY values from Today at 9:56 pm

0.5 TNSR = 3.44 CJPY
1 TNSR = 6.88 CJPY
5 TNSR = 34.41 CJPY
10 TNSR = 68.83 CJPY
50 TNSR = 344.13 CJPY
100 TNSR = 688.26 CJPY
500 TNSR = 3,441.28 CJPY
1,000 TNSR = 6,882.56 CJPY

CJPY to TNSR values from Today at 9:53 pm

0.5 CJPY = 0.07265 TNSR
1 CJPY = 0.1453 TNSR
5 CJPY = 0.7265 TNSR
10 CJPY = 1.45 TNSR
50 CJPY = 7.26 TNSR
100 CJPY = 14.53 TNSR
500 CJPY = 72.65 TNSR
1,000 CJPY = 145.29 TNSR

TNSR to CJPY over time

TNSR
Today
24H
-0.57%
1M
-59.39%
1Y
-275.46%
0.5 TNSR
3.44 CJPY
3.46 CJPY
5.48 CJPY
12.92 CJPY
1 TNSR
6.88 CJPY
6.92 CJPY
10.97 CJPY
25.84 CJPY
5 TNSR
34.41 CJPY
34.61 CJPY
54.85 CJPY
129.21 CJPY
10 TNSR
68.83 CJPY
69.21 CJPY
109.70 CJPY
258.41 CJPY
50 TNSR
344.13 CJPY
346.07 CJPY
548.50 CJPY
1,292.07 CJPY
100 TNSR
688.26 CJPY
692.14 CJPY
1,096.99 CJPY
2,584.13 CJPY
500 TNSR
3,441.28 CJPY
3,460.72 CJPY
5,484.97 CJPY
12,920.66 CJPY
1,000 TNSR
6,882.56 CJPY
6,921.45 CJPY
10,969.93 CJPY
25,841.31 CJPY

Frequently asked questions

Right now, 1 Tensor is worth about $0.03195.

Based on the current rate, you could get 31.30 TNSR for 1 USD.

Tensor price has been on the rise. Since yesterday, the exchange rate of Tensor has increased. Since last month, the exchange rate of Tensor has decreased. Since this time last year, the price of Tensor has decreased.

You can use our TNSR to USD calculator at the top of this page to convert any amount of TNSR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 156.49 TNSR. Inversely, 5 TNSR will cost about $0.1598

Tensor is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Tensor.

There are a number of crypto assets that have the a similar or comparable market cap to Tensor, including MEET48, STBL, and Humidifi. For a more robust list of assets to explore, jump to the asset page dedicated to Tensor.

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