Convert Hyperliquid HYPE to Convertible JPY Token CJPY
HYPE to CJPY: 1 Hyperliquid converts to 15,030.86 CJPY
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About HYPE and CJPY
Hyperliquid is falling, while Convertible JPY Token is climbing this week. The current HYPE to CJPY conversion rate is 15,030.86. Inversely, this means that if you convert 1 CJPY you will get 0.00006653 HYPE. The conversion rate of HYPE/CJPY has decreased by 0.12% in the last hour (CJPY/HYPE increased by 0.12%). In the last 24 hours, HYPE/CJPY shrunk by 1.75%, while CJPY/HYPE grew by 1.78%.
The exchange rate of Hyperliquid is decreasing. The current value of 1 HYPE is 15,030.86 CJPY. In other words, to buy 5 Hyperliquid, it would cost you 75,154.28 CJPY. Inversely, 1 CJPY would allow you to trade for 0.00006653 HYPE while 50 CJPY would convert to 0.003326 HYPE, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 11.33%. Meanwhile, in the last 24 hours, the rate has changed by 1.74%, and that the highest exchange rate of 1 HYPE to CJPY was 15,416.69 CJPY and the lowest 24 hour value was 1 HYPE for 14,679.48 CJPY. Last month, 1 HYPE was worth 16,519.31 CJPY. Today, it's down 9.01%. Looking back a year, Hyperliquid has changed by 7,139.92 CJPY. That means that in a single year, the value of Hyperliquid has grown by 110.52%.
Hyperliquid Market Stats
HYPE is the native token of Hyperliquid, a blockchain-based platform that provides onchain perpetual futures trading via its web application.
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
HYPE to CJPY values from Today at 12:19 am
0.5 HYPE = 7,515.43 CJPY |
1 HYPE = 15,030.86 CJPY |
5 HYPE = 75,154.28 CJPY |
10 HYPE = 150,308.56 CJPY |
50 HYPE = 751,542.82 CJPY |
100 HYPE = 1,503,085.64 CJPY |
500 HYPE = 7,515,428.21 CJPY |
1,000 HYPE = 15,030,856.43 CJPY |
CJPY to HYPE values from Today at 12:18 am
0.5 CJPY = 0.00003326 HYPE |
1 CJPY = 0.00006653 HYPE |
5 CJPY = 0.0003326 HYPE |
10 CJPY = 0.0006653 HYPE |
50 CJPY = 0.003326 HYPE |
100 CJPY = 0.006653 HYPE |
500 CJPY = 0.03326 HYPE |
1,000 CJPY = 0.06653 HYPE |
HYPE to CJPY over time
HYPE | Today | 24H -1.77% | 1M -9.90% | 1Y 52.50% |
|---|---|---|---|---|
0.5 HYPE | 7,515.43 CJPY | 7,648.58 CJPY | 8,259.65 CJPY | 3,569.96 CJPY |
1 HYPE | 15,030.86 CJPY | 15,297.16 CJPY | 16,519.31 CJPY | 7,139.92 CJPY |
5 HYPE | 75,154.28 CJPY | 76,485.81 CJPY | 82,596.53 CJPY | 35,699.62 CJPY |
10 HYPE | 150,308.56 CJPY | 152,971.63 CJPY | 165,193.05 CJPY | 71,399.24 CJPY |
50 HYPE | 751,542.82 CJPY | 764,858.13 CJPY | 825,965.27 CJPY | 356,996.18 CJPY |
100 HYPE | 1,503,085.64 CJPY | 1,529,716.27 CJPY | 1,651,930.54 CJPY | 713,992.36 CJPY |
500 HYPE | 7,515,428.21 CJPY | 7,648,581.33 CJPY | 8,259,652.68 CJPY | 3,569,961.78 CJPY |
1,000 HYPE | 15,030,856.43 CJPY | 15,297,162.67 CJPY | 16,519,305.36 CJPY | 7,139,923.56 CJPY |
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