About JGLP and HTM
Jones GLP is falling, while Hatom is climbing this week. The current JGLP to HTM conversion rate is 3.57. Inversely, this means that if you convert 1 HTM you will get 0.2803 JGLP. The conversion rate of JGLP/HTM has decreased by 1.27% in the last hour (HTM/JGLP increased by 1.27%). In the last 24 hours, JGLP/HTM shrunk by 2.92%, while HTM/JGLP grew by the same amount.
The exchange rate of Jones GLP is decreasing. The current value of 1 JGLP is 3.57 HTM. In other words, to buy 5 Jones GLP, it would cost you 17.84 HTM. Inversely, 1 HTM would allow you to trade for 0.2803 JGLP while 50 HTM would convert to 14.02 JGLP, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 7.71%. Meanwhile, in the last 24 hours, the rate has changed by 3.56%, and that the highest exchange rate of 1 JGLP to HTM was 3.84 HTM and the lowest 24 hour value was 1 JGLP for 3.58 HTM. Last month, 1 JGLP was worth 3.87 HTM. Today, it's down 8.39%. Looking back a year, Jones GLP has changed by 13.93 HTM. That means that in a single year, the value of Jones GLP has shrank by 290.48%.
Jones GLP Market Stats
jGLP 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.
Hatom Market Stats
Hatom has built a complete Ecosystem dedicated to fostering DeFi on MultiversX, offering a range of products designed to shape the landscape, including a lending and borrowing protocol, liquid staking, a native stablecoin, and lending as a service among other ventures. Hatom's ecosystem is committed to providing users with secure, transparent, and user-friendly access to DeFi services while emphasizing scalability and security within the MultiversX blockchain. Instruments for managing excess liquidity and liquidity demand are an essential element in the operation of DeFi systems. Hatom addresses this critical component by bringing a lending and borrowing protocol to life on MultiversX. This enables collateralized on-chain loans via an intuitive interface, making it possible to access liquid capital without selling positions. The comprehensive money market ecosystem prioritizes security and convenience via a self-service app that supports multiple digital assets. Hatom has also developed a Liquid Staking module that brings additional benefits on top of staking, making it possible to access liquidity for the staked collateral. This in turn will attract even more participants in the MultiversX PoS economy, leading to more value locked into it, and increased security and stability for our network. Instead of staking the regular way, users will be able to use the smart contracts linked to Hatom’s network of node operators to deposit funds, and immediately receive sEGLD tokens, proportional to the amount of EGLD staked. The resulting sEGLD tokens is pegged to EGLD and will accrues in value following the staking rewards and can be redeemed for EGLD at any time, without the standard unbonding (locking) period.
Conversion tables
JGLP to HTM values from Today at 9:50 pm
0.5 JGLP = 1.78 HTM |
1 JGLP = 3.57 HTM |
5 JGLP = 17.84 HTM |
10 JGLP = 35.68 HTM |
50 JGLP = 178.38 HTM |
100 JGLP = 356.76 HTM |
500 JGLP = 1,783.79 HTM |
1,000 JGLP = 3,567.58 HTM |
HTM to JGLP values from Today at 9:48 pm
0.5 HTM = 0.1402 JGLP |
1 HTM = 0.2803 JGLP |
5 HTM = 1.40 JGLP |
10 HTM = 2.80 JGLP |
50 HTM = 14.02 JGLP |
100 HTM = 28.03 JGLP |
500 HTM = 140.15 JGLP |
1,000 HTM = 280.30 JGLP |
JGLP to HTM over time
JGLP | Today | 24H -3.56% | 1M -8.39% | 1Y -290.48% |
|---|---|---|---|---|
0.5 JGLP | 1.78 HTM | 1.85 HTM | 1.93 HTM | 6.97 HTM |
1 JGLP | 3.57 HTM | 3.69 HTM | 3.87 HTM | 13.93 HTM |
5 JGLP | 17.84 HTM | 18.47 HTM | 19.33 HTM | 69.65 HTM |
10 JGLP | 35.68 HTM | 36.95 HTM | 38.67 HTM | 139.31 HTM |
50 JGLP | 178.38 HTM | 184.73 HTM | 193.35 HTM | 696.53 HTM |
100 JGLP | 356.76 HTM | 369.45 HTM | 386.69 HTM | 1,393.05 HTM |
500 JGLP | 1,783.79 HTM | 1,847.26 HTM | 1,933.47 HTM | 6,965.27 HTM |
1,000 JGLP | 3,567.58 HTM | 3,694.52 HTM | 3,866.95 HTM | 13,930.53 HTM |
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