Convert Ultima ULTIMA to Convertible JPY Token CJPY
ULTIMA to CJPY: 1 Ultima converts to 535,718.04 CJPY
About ULTIMA and CJPY
Ultima is falling, while Convertible JPY Token is climbing this week. The current ULTIMA to CJPY conversion rate is 535,718.04. Inversely, this means that if you convert 1 CJPY you will get 0.000001867 ULTIMA. The conversion rate of ULTIMA/CJPY has increased by 0.29% in the last hour (CJPY/ULTIMA decreased by 0.29%). In the last 24 hours, ULTIMA/CJPY shrunk by 1.96%, while CJPY/ULTIMA grew by the same amount.
The exchange rate of Ultima is decreasing. The current value of 1 ULTIMA is 535,718.04 CJPY. In other words, to buy 5 Ultima, it would cost you 2,678,590.20 CJPY. Inversely, 1 CJPY would allow you to trade for 0.000001867 ULTIMA while 50 CJPY would convert to 0.00009333 ULTIMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.03%. Meanwhile, in the last 24 hours, the rate has changed by 2.44%, and that the highest exchange rate of 1 ULTIMA to CJPY was 565,929.22 CJPY and the lowest 24 hour value was 1 ULTIMA for 528,485.58 CJPY. Last month, 1 ULTIMA was worth 679,085.33 CJPY. Today, it's down 26.76%. Looking back a year, Ultima has changed by 1,467,373.29 CJPY. That means that in a single year, the value of Ultima has shrank by 173.91%.
Ultima Market Stats
Ultima (ULTIMA) is the infrastructure token of the Ultima ecosystem. This cryptocurrency is based on an easily scalable Smart Blockchain that runs on the DPoS (Delegated Proof of Stake) consensus algorithm. The Smart Blockchain network is known by its unique throughput — it can conduct up to 2000 transactions per second. Moreover, the network creates a new block every three seconds and has low transaction costs. All these factors make ULTIMA a perfect digital currency for making daily transactions around the globe. Right now, the Ultima ecosystem includes a number of innovative blockchain products, such as DeFi-U, a technology that allows users to receive staking rewards in Ultima tokens, and a marketplace. The Ultima technical team, which has over twenty years of experience in the blockchain industry, is actively working on launching a physical crypto debit card, crypto exchange, and travel and crowdfunding platforms. ULTIMA was first launched in March 2023. Currently, the project community has reached more than 2.8 million users from 120 countries. Mission: To become the world's most widespread digital currency and an ecosystem accessible to everyone in the crypto space.
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
ULTIMA to CJPY values from Today at 8:53 am
0.5 ULTIMA = 267,859.02 CJPY |
1 ULTIMA = 535,718.04 CJPY |
5 ULTIMA = 2,678,590.20 CJPY |
10 ULTIMA = 5,357,180.40 CJPY |
50 ULTIMA = 26,785,902.02 CJPY |
100 ULTIMA = 53,571,804.05 CJPY |
500 ULTIMA = 267,859,020.25 CJPY |
1,000 ULTIMA = 535,718,040.50 CJPY |
CJPY to ULTIMA values from Today at 8:53 am
0.5 CJPY = 0.0000009333 ULTIMA |
1 CJPY = 0.000001867 ULTIMA |
5 CJPY = 0.000009333 ULTIMA |
10 CJPY = 0.00001867 ULTIMA |
50 CJPY = 0.00009333 ULTIMA |
100 CJPY = 0.0001867 ULTIMA |
500 CJPY = 0.0009333 ULTIMA |
1,000 CJPY = 0.001867 ULTIMA |
ULTIMA to CJPY over time
ULTIMA | Today | 24H -2.44% | 1M -26.76% | 1Y -173.91% |
|---|---|---|---|---|
0.5 ULTIMA | 267,859.02 CJPY | 274,389.25 CJPY | 339,542.67 CJPY | 733,686.64 CJPY |
1 ULTIMA | 535,718.04 CJPY | 548,778.49 CJPY | 679,085.33 CJPY | 1,467,373.29 CJPY |
5 ULTIMA | 2,678,590.20 CJPY | 2,743,892.47 CJPY | 3,395,426.67 CJPY | 7,336,866.43 CJPY |
10 ULTIMA | 5,357,180.40 CJPY | 5,487,784.93 CJPY | 6,790,853.33 CJPY | 14,673,732.86 CJPY |
50 ULTIMA | 26,785,902.02 CJPY | 27,438,924.66 CJPY | 33,954,266.67 CJPY | 73,368,664.29 CJPY |
100 ULTIMA | 53,571,804.05 CJPY | 54,877,849.31 CJPY | 67,908,533.34 CJPY | 146,737,328.59 CJPY |
500 ULTIMA | 267,859,020.25 CJPY | 274,389,246.55 CJPY | 339,542,666.69 CJPY | 733,686,642.93 CJPY |
1,000 ULTIMA | 535,718,040.50 CJPY | 548,778,493.11 CJPY | 679,085,333.38 CJPY | 1,467,373,285.86 CJPY |
Frequently asked questions
Right now, 1 Ultima is worth about $2,283.03.
Based on the current rate, you could get 0.000438 ULTIMA for 1 USD.
Ultima price has been declining. Since yesterday, the exchange rate of Ultima has decreased. Since last month, the exchange rate of Ultima has decreased. Since this time last year, the price of Ultima has decreased.
You can use our ULTIMA to USD calculator at the top of this page to convert any amount of ULTIMA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.00219 ULTIMA. Inversely, 5 ULTIMA will cost about $11,415.16
Ultima can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Ultima.
There are a number of crypto assets that have the a similar or comparable market cap to Ultima, including UZX, USDP Stablecoin, and Origin. For a more robust list of assets to explore, jump to the asset page dedicated to Ultima.
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