Convert Walrus WAL to Convertible JPY Token CJPY
WAL to CJPY: 1 Walrus converts to 9.74 CJPY
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About WAL and CJPY
Walrus is falling, while Convertible JPY Token is climbing this week. The current WAL to CJPY conversion rate is 9.74. Inversely, this means that if you convert 1 CJPY you will get 0.1027 WAL. The conversion rate of WAL/CJPY has decreased by 1.32% in the last hour (CJPY/WAL increased by 1.32%). In the last 24 hours, WAL/CJPY shrunk by 11.52%, while CJPY/WAL grew by the same amount.
The exchange rate of Walrus is decreasing. The current value of 1 WAL is 9.74 CJPY. In other words, to buy 5 Walrus, it would cost you 48.70 CJPY. Inversely, 1 CJPY would allow you to trade for 0.1027 WAL while 50 CJPY would convert to 5.13 WAL, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 37.47%. Meanwhile, in the last 24 hours, the rate has changed by 12.14%, and that the highest exchange rate of 1 WAL to CJPY was 11.48 CJPY and the lowest 24 hour value was 1 WAL for 9.65 CJPY. Last month, 1 WAL was worth 13.38 CJPY. Today, it's down 37.42%. Looking back a year, Walrus has changed by 0.00 CJPY. That means that in a single year, the value of Walrus has grown by 100%.
Walrus Market Stats
Walrus is a decentralized storage and data availability protocol built on the Sui blockchain that transforms large-scale data into programmable and verifiable assets. The WAL token is utilized for storage service payments, staking by node operators to secure the network, and participating in protocol governance.
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
WAL to CJPY values from Today at 5:17 am
0.5 WAL = 4.87 CJPY |
1 WAL = 9.74 CJPY |
5 WAL = 48.70 CJPY |
10 WAL = 97.40 CJPY |
50 WAL = 486.98 CJPY |
100 WAL = 973.96 CJPY |
500 WAL = 4,869.82 CJPY |
1,000 WAL = 9,739.65 CJPY |
CJPY to WAL values from Today at 5:14 am
0.5 CJPY = 0.05134 WAL |
1 CJPY = 0.1027 WAL |
5 CJPY = 0.5134 WAL |
10 CJPY = 1.03 WAL |
50 CJPY = 5.13 WAL |
100 CJPY = 10.27 WAL |
500 CJPY = 51.34 WAL |
1,000 CJPY = 102.67 WAL |
WAL to CJPY over time
WAL | Today | 24H -12.14% | 1M -37.42% | 1Y 100.00% |
|---|---|---|---|---|
0.5 WAL | 4.87 CJPY | 5.46 CJPY | 6.69 CJPY | 0.00 CJPY |
1 WAL | 9.74 CJPY | 10.92 CJPY | 13.38 CJPY | 0.00 CJPY |
5 WAL | 48.70 CJPY | 54.61 CJPY | 66.92 CJPY | 0.00 CJPY |
10 WAL | 97.40 CJPY | 109.22 CJPY | 133.84 CJPY | 0.00 CJPY |
50 WAL | 486.98 CJPY | 546.12 CJPY | 669.20 CJPY | 0.00 CJPY |
100 WAL | 973.96 CJPY | 1,092.24 CJPY | 1,338.41 CJPY | 0.00 CJPY |
500 WAL | 4,869.82 CJPY | 5,461.18 CJPY | 6,692.05 CJPY | 0.00 CJPY |
1,000 WAL | 9,739.65 CJPY | 10,922.36 CJPY | 13,384.10 CJPY | 0.00 CJPY |
Frequently asked questions
Right now, 1 Walrus is worth about $0.04156.
Based on the current rate, you could get 24.06 WAL for 1 USD.
Walrus price has been declining. Since yesterday, the exchange rate of Walrus has decreased. Since last month, the exchange rate of Walrus has decreased. Since this time last year, the price of Walrus has decreased.
You can use our WAL to USD calculator at the top of this page to convert any amount of WAL to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 120.31 WAL. Inversely, 5 WAL will cost about $0.2078
Walrus is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Walrus.
There are a number of crypto assets that have the a similar or comparable market cap to Walrus, including Walrus, DeepBook, and DeepBook Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Walrus.
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