Convertible JPY Token Price (CJPY)
Unlisted
Convertible JPY Token Price (CJPY)
1 CJPY to USD Live Price:
Convertible JPY Token (CJPY) Price Information (USD)
+0.33%
-0.05%
-5.94%
-5.94%
Convertible JPY Token (CJPY) real-time price is $0.00569706. Over the past 24 hours, CJPY traded between a low of $ 0.00565231 and a high of $ 0.0058098, showing active market volatility. CJPY's all-time high price is $ 0.00736362, while its all-time low price is $ 0.00134328.
In terms of short-term performance, CJPY has changed by +0.33% over the past hour, -0.05% over 24 hours, and -5.94% in the past 7 days. This provides you with a quick overview of its latest price trends and market dynamics on MEXC.
Convertible JPY Token (CJPY) Market Information
The current Market Cap of Convertible JPY Token is $ 1.21M, with a 24-hour trading volume of --. The circulating supply of CJPY is 212.62M, with a total supply of 212623613.256298. Its Fully Diluted Valuation (FDV) is $ 1.21M.
Convertible JPY Token (CJPY) Price History USD
During today, the price change of Convertible JPY Token to USD was $ 0.
In the past 30 days, the price change of Convertible JPY Token to USD was $ -0.0004702905.
In the past 60 days, the price change of Convertible JPY Token to USD was $ -0.0006472800.
In the past 90 days, the price change of Convertible JPY Token to USD was $ -0.000677375561260554.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ 0 | -0.05% |
| 30 Days | $ -0.0004702905 | -8.25% |
| 60 Days | $ -0.0006472800 | -11.36% |
| 90 Days | $ -0.000677375561260554 | -10.62% |
What is Convertible JPY Token (CJPY)
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.
MEXC is the leading cryptocurrency exchange trusted by over 10 million users worldwide. It is renowned as the exchange with the widest token selection, the fastest token listings, and the lowest trading fees in the market. Join MEXC now to experience top-tier liquidity and the most competitive fees in the market!
Convertible JPY Token (CJPY) Resource
Convertible JPY Token Price Prediction (USD)
How much will Convertible JPY Token (CJPY) be worth in USD tomorrow, next week, or next month? What could your Convertible JPY Token (CJPY) assets be valued at in 2025, 2026, 2027, 2028 — or even 10 or 20 years from now? Use our price prediction tool to explore both short-term and long-term forecasts for Convertible JPY Token.
Check the Convertible JPY Token price prediction now!
CJPY to Local Currencies
Convertible JPY Token (CJPY) Tokenomics
Understanding the tokenomics of Convertible JPY Token (CJPY) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about CJPY token's extensive tokenomics now!
People Also Ask: Other Questions About Convertible JPY Token (CJPY)
Convertible JPY Token (CJPY) Important Industry Updates
| Time (UTC+8) | Type | Information |
|---|---|---|
| 09-10 13:05:00 | Industry Updates | Altcoin rally may be "short-lived," crypto market cap falls below $4 trillion |
| 09-10 02:28:00 | Economic Data | U.S. 2025 non-farm employment benchmark revision preliminary value -911,000, expected -700,000 |
| 09-09 17:35:00 | Industry Updates | Altcoin market overall warming up, TOTAL3 indicator rises nearly 9% in 7 days, while Bitcoin market share drops 1.10% during the same period |
| 09-09 12:06:00 | Industry Updates | Altcoins rally, MYX surges over 283% in 24 hours |
| 09-08 21:13:00 | Industry Updates | MYX contract price briefly breaks through $8, liquidation amount tops crypto market in the past 24 hours |
| 09-08 17:25:00 | Industry Updates | Solana network DEX 24h trading volume exceeds $2.6 billion, ranking first across all networks |
Disclaimer
Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.