Convert UMA UMA to Convertible JPY Token CJPY
1 UMA converts to 93.96 CJPY
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Restrictions apply, see full terms.
Restrictions apply, see full terms.
About UMA and CJPY
UMA is climbing, while Convertible JPY Token is falling this week. The current UMA to CJPY conversion rate is 93.96. Inversely, this means that if you convert 1 CJPY you will get 0.01064 UMA. The conversion rate of UMA/CJPY has increased by 0.95% in the last hour (CJPY/UMA decreased by 0.95%). In the last 24 hours, UMA/CJPY grew by 1.31%, while CJPY/UMA shrunk by the same amount.
The exchange rate of UMA is increasing. The current value of 1 UMA is 93.96 CJPY. In other words, to buy 5 UMA, it would cost you 469.79 CJPY. Inversely, 1 CJPY would allow you to trade for 0.01064 UMA while 50 CJPY would convert to 0.5322 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 5.2%. Meanwhile, in the last 24 hours, the rate has changed by 0.47%, and that the highest exchange rate of 1 UMA to CJPY was 95.38 CJPY and the lowest 24 hour value was 1 UMA for 88.87 CJPY. Last month, 1 UMA was worth 88.14 CJPY. Today, it's up 6.19%. Looking back a year, UMA has changed by 198.31 CJPY. That means that in a single year, the value of UMA has shrank by 111.06%.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
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
UMA to CJPY values from Today at 2:32 am
0.5 UMA = 46.98 CJPY |
1 UMA = 93.96 CJPY |
5 UMA = 469.79 CJPY |
10 UMA = 939.57 CJPY |
50 UMA = 4,697.86 CJPY |
100 UMA = 9,395.71 CJPY |
500 UMA = 46,978.57 CJPY |
1,000 UMA = 93,957.15 CJPY |
CJPY to UMA values from Today at 2:30 am
0.5 CJPY = 0.005322 UMA |
1 CJPY = 0.01064 UMA |
5 CJPY = 0.05322 UMA |
10 CJPY = 0.1064 UMA |
50 CJPY = 0.5322 UMA |
100 CJPY = 1.06 UMA |
500 CJPY = 5.32 UMA |
1,000 CJPY = 10.64 UMA |
UMA to CJPY over time
UMA | Today | 24H 0.47% | 1M 6.19% | 1Y -111.06% |
|---|---|---|---|---|
0.5 UMA | 46.98 CJPY | 46.76 CJPY | 44.07 CJPY | 99.15 CJPY |
1 UMA | 93.96 CJPY | 93.52 CJPY | 88.14 CJPY | 198.31 CJPY |
5 UMA | 469.79 CJPY | 467.58 CJPY | 440.70 CJPY | 991.55 CJPY |
10 UMA | 939.57 CJPY | 935.15 CJPY | 881.40 CJPY | 1,983.09 CJPY |
50 UMA | 4,697.86 CJPY | 4,675.77 CJPY | 4,407.02 CJPY | 9,915.46 CJPY |
100 UMA | 9,395.71 CJPY | 9,351.54 CJPY | 8,814.04 CJPY | 19,830.91 CJPY |
500 UMA | 46,978.57 CJPY | 46,757.71 CJPY | 44,070.22 CJPY | 99,154.55 CJPY |
1,000 UMA | 93,957.15 CJPY | 93,515.41 CJPY | 88,140.43 CJPY | 198,309.11 CJPY |
Frequently asked questions
Right now, 1 UMA is worth about $0.398.
Based on the current rate, you could get 2.51 UMA for 1 USD.
UMA price has been on the rise. Since yesterday, the exchange rate of UMA has increased. Since last month, the exchange rate of UMA has decreased. Since this time last year, the price of UMA has decreased.
You can use our UMA to USD calculator at the top of this page to convert any amount of UMA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 12.56 UMA. Inversely, 5 UMA will cost about $1.99
UMA is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy UMA.
There are a number of crypto assets that have the a similar or comparable market cap to UMA, including World Mobile Token, Vitalum, and Railgun. For a more robust list of assets to explore, jump to the asset page dedicated to UMA.
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