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?
How does Convertible JPY Token work?
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.
What is Convertible JPY Token used for?
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.
Where can you buy Convertible JPY Token?
Convertible JPY Token (CJPY) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for CJPY sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting CJPY, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Convertible JPY Token (CJPY)?
The reported 24-hour trading volume of Convertible JPY Token is $2.58K. Volume is a live reading of how much CJPY changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Convertible JPY Token (CJPY)?
Convertible JPY Token reached an all-time high of $0.007364 on November 10, 2023, and an all-time low of $0.001343 on September 2, 2025. It is currently trading -33.77% from its peak and +263.08% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where CJPY sits in its long-run price range.
What is the market cap of Convertible JPY Token (CJPY)?
Convertible JPY Token's market capitalization is currently $1.04M, and it is ranked #3019 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (212.62 million CJPY are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Convertible JPY Token (CJPY)?
The fully diluted valuation (FDV) of Convertible JPY Token is $1.04M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Convertible JPY Token compare against its peers?
Over the past 24 hours, Convertible JPY Token has moved -0.80%. Over the past seven days, the change is -7.51%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether CJPY is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Convertible JPY Token against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Convertible JPY Token?
Like any crypto asset, the right way to store CJPY depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
