Convert Ondo US Dollar Yield USDY to Convertible JPY Token CJPY
1 USDY converts to 264.89 CJPY
About USDY and CJPY
Ondo US Dollar Yield is falling, while Convertible JPY Token is climbing this week. The current USDY to CJPY conversion rate is 264.89. Inversely, this means that if you convert 1 CJPY you will get 0.003775 USDY. The conversion rate of USDY/CJPY has decreased by 0.1% in the last hour (CJPY/USDY increased by 0.1%). In the last 24 hours, USDY/CJPY shrunk by 1.68%, while CJPY/USDY grew by the same amount.
The exchange rate of Ondo US Dollar Yield is decreasing. The current value of 1 USDY is 264.89 CJPY. In other words, to buy 5 Ondo US Dollar Yield, it would cost you 1,324.43 CJPY. Inversely, 1 CJPY would allow you to trade for 0.003775 USDY while 50 CJPY would convert to 0.1888 USDY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.03%. Meanwhile, in the last 24 hours, the rate has changed by 1.75%, which means that the highest exchange rate of 1 USDY to CJPY was 271.76 CJPY and the lowest 24 hour value was 1 USDY for 260.09 CJPY. Last month, 1 USDY was worth 232.00 CJPY. Today, it's up 12.41%. Looking back a year, Ondo US Dollar Yield has changed by 176.47 CJPY. That means that in a single year, the value of Ondo US Dollar Yield has grown by 33.38%.
Ondo US Dollar Yield Market Stats
Ondo US Dollar Yield (USDY) is a cryptocurrency and operates on the Ethereum platform. Ondo US Dollar Yield has a current supply of 1,888,621,272.77097648. The last known price of Ondo US Dollar Yield is 1.13339395 USD and is down -0.05 over the last 24 hours. It is currently trading on 53 active market(s) with $23,431.93 traded over the last 24 hours.
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
USDY to CJPY values from Today at 7:26 pm
0.5 USDY = 132.44 CJPY |
1 USDY = 264.89 CJPY |
5 USDY = 1,324.43 CJPY |
10 USDY = 2,648.86 CJPY |
50 USDY = 13,244.32 CJPY |
100 USDY = 26,488.64 CJPY |
500 USDY = 132,443.20 CJPY |
1,000 USDY = 264,886.41 CJPY |
CJPY to USDY values from Today at 7:25 pm
0.5 CJPY = 0.001888 USDY |
1 CJPY = 0.003775 USDY |
5 CJPY = 0.01888 USDY |
10 CJPY = 0.03775 USDY |
50 CJPY = 0.1888 USDY |
100 CJPY = 0.3775 USDY |
500 CJPY = 1.89 USDY |
1,000 CJPY = 3.78 USDY |
USDY to CJPY over time
USDY | Today | 24H -1.75% | 1M 12.41% | 1Y 33.38% |
|---|---|---|---|---|
0.5 USDY | 132.44 CJPY | 134.77 CJPY | 116.00 CJPY | 88.23 CJPY |
1 USDY | 264.89 CJPY | 269.53 CJPY | 232.00 CJPY | 176.47 CJPY |
5 USDY | 1,324.43 CJPY | 1,347.65 CJPY | 1,160.02 CJPY | 882.34 CJPY |
10 USDY | 2,648.86 CJPY | 2,695.31 CJPY | 2,320.03 CJPY | 1,764.68 CJPY |
50 USDY | 13,244.32 CJPY | 13,476.55 CJPY | 11,600.17 CJPY | 8,823.42 CJPY |
100 USDY | 26,488.64 CJPY | 26,953.09 CJPY | 23,200.35 CJPY | 17,646.85 CJPY |
500 USDY | 132,443.20 CJPY | 134,765.47 CJPY | 116,001.74 CJPY | 88,234.23 CJPY |
1,000 USDY | 264,886.41 CJPY | 269,530.93 CJPY | 232,003.48 CJPY | 176,468.46 CJPY |
Frequently asked questions
Right now, 1 Ondo US Dollar Yield is worth about $1.13.
Based on the current rate, you could get 0.8837 USDY for 1 USD.
Ondo US Dollar Yield price has been on the rise. Since yesterday, the exchange rate of Ondo US Dollar Yield has increased. Since last month, the exchange rate of Ondo US Dollar Yield has increased. Since this time last year, the price of Ondo US Dollar Yield has increased.
You can use our USDY to USD calculator at the top of this page to convert any amount of USDY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 4.42 USDY. Inversely, 5 USDY will cost about $5.66
Ondo US Dollar Yield can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Ondo US Dollar Yield.
There are a number of crypto assets that have the a similar or comparable market cap to Ondo US Dollar Yield, including LAB, HTX, and Rain. For a more robust list of assets to explore, jump to the asset page dedicated to Ondo US Dollar Yield.
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