Convert Altlayer ALT to Jones USDC JUSDC
ALT to JUSDC: 1 Altlayer converts to 0.008918 JUSDC
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
About ALT and JUSDC
Altlayer is climbing, while Jones USDC is falling this week. The current ALT to JUSDC conversion rate is 0.008918. Inversely, this means that if you convert 1 JUSDC you will get 112.13 ALT. The conversion rate of ALT/JUSDC has increased by 0.25% in the last hour (JUSDC/ALT decreased by 0.25%). In the last 24 hours, ALT/JUSDC grew by 11.01%, while JUSDC/ALT shrunk by the same amount.
The exchange rate of Altlayer is increasing. The current value of 1 ALT is 0.008918 JUSDC. In other words, to buy 5 Altlayer, it would cost you 0.044591 JUSDC. Inversely, 1 JUSDC would allow you to trade for 112.13 ALT while 50 JUSDC would convert to 5,606.53 ALT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.8%. Meanwhile, in the last 24 hours, the rate has changed by 9.61%, which means that the highest exchange rate of 1 ALT to JUSDC was 0.009456 JUSDC and the lowest 24 hour value was 1 ALT for 0.007952 JUSDC. Last month, 1 ALT was worth 0.006903 JUSDC. Today, it's up 22.6%. Looking back a year, Altlayer has changed by 0.02071 JUSDC. That means that in a single year, the value of Altlayer has shrank by 132.27%.
Altlayer Market Stats
AltLayer is an open and decentralised protocol for rollups that brings together the novel idea of a Restaked rollup, which takes existing rollups and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality. ALT is AltLayer’s native utility token and can be used for governance, protocol fee payments, economic bonding, and protocol incentivization.
Jones USDC Market Stats
jUSDC is a product of JonesDAO, a protocol that is already listed on CoinGecko. Jones DAO is a yield, strategy, and liquidity protocol for options. We deploy vaults that enable one-click access to institutional-grade options strategies while unlocking capital efficiency & liquidity for DeFi options through yield-bearing options-backed asset tokens. Jones recently launched a set of advanced strategy vaults, jGLP & jUSDC, that are built on top of the GMX platform and GLP. These vaults deliver transparent and consistent leveraged yield to users. They work in tandem to amplify the yield generated by GLP for depositors. - jGLP: Smart Leverage on the underlying GLP rewards rate - jUSDC: Transparent USDC yield without the inefficiencies of competing methods Both vaults offer optional auto-compounding. Choosing to auto-compound allows users to mint the jGLP and jUSDC receipt tokens. The jGLP vault accrues yield in ETH, while the jUSDC vault accrues yield in USDC. How do they work? The jGLP and jUSDC vaults are complementary. At a high level, the two Vaults work together by doing the following: 1. Users can deposit GLP or any GLP basket token into the jGLP Vault, and USDC into the jUSDC Vault. 2. The jGLP Vault borrows USDC collateral from the jUSDC Vault to mint more GLP, thereby gaining leverage on its GLP position. 3. The jGLP Vault delivers amplified and transparent real yield to depositors. 4. The jUSDC Vault delivers USDC yield to depositors by receiving a portion of the yield from the GLP strategy built on its collateral. The jGLP Vault only borrows from the jUSDC vault, and does not interact with any other leverage sources. jGLP maintains exposure similar to the broad crypto market (i.e ETH, BTC, etc.) while earning multiples of the base GLP yield. Even better, jGLP uses Smart Leverage, developed with extensive backtesting, to automatically rebalance within an algorithmically determined range.
Conversion tables
ALT to JUSDC values from Today at 12:01 pm
0.5 ALT = 0.004459 JUSDC |
1 ALT = 0.008918 JUSDC |
5 ALT = 0.04459 JUSDC |
10 ALT = 0.08918 JUSDC |
50 ALT = 0.4459 JUSDC |
100 ALT = 0.8918 JUSDC |
500 ALT = 4.46 JUSDC |
1,000 ALT = 8.92 JUSDC |
JUSDC to ALT values from Today at 12:02 pm
0.5 JUSDC = 56.07 ALT |
1 JUSDC = 112.13 ALT |
5 JUSDC = 560.65 ALT |
10 JUSDC = 1,121.31 ALT |
50 JUSDC = 5,606.53 ALT |
100 JUSDC = 11,213.06 ALT |
500 JUSDC = 56,065.32 ALT |
1,000 JUSDC = 112,130.64 ALT |
ALT to JUSDC over time
ALT | Today | 24H 9.61% | 1M 22.60% | 1Y -132.27% |
|---|---|---|---|---|
0.5 ALT | 0.004459 JUSDC | 0.004031 JUSDC | 0.003451 JUSDC | 0.01036 JUSDC |
1 ALT | 0.008918 JUSDC | 0.008061 JUSDC | 0.006903 JUSDC | 0.02071 JUSDC |
5 ALT | 0.04459 JUSDC | 0.04031 JUSDC | 0.03451 JUSDC | 0.1036 JUSDC |
10 ALT | 0.08918 JUSDC | 0.08061 JUSDC | 0.06903 JUSDC | 0.2071 JUSDC |
50 ALT | 0.4459 JUSDC | 0.4031 JUSDC | 0.3451 JUSDC | 1.04 JUSDC |
100 ALT | 0.8918 JUSDC | 0.8061 JUSDC | 0.6903 JUSDC | 2.07 JUSDC |
500 ALT | 4.46 JUSDC | 4.03 JUSDC | 3.45 JUSDC | 10.36 JUSDC |
1,000 ALT | 8.92 JUSDC | 8.06 JUSDC | 6.90 JUSDC | 20.71 JUSDC |
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.