Dephaser JPY JPYT

What JPYT actually is on-chain

Dephaser JPY is an ERC-20 deployed on Optimism, at contract address 0xc47da4cb96ce65a96844a01bfae509f9d5454534. That address, not the ticker JPYT, is what uniquely identifies this asset: anyone can deploy a second token calling itself JPYT, but the contract is unforgeable. Verify it against optimistic.etherscan.io before sending funds or approving a spend.

Because it lives on Optimism, JPYT is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in JPYT itself, and secondary liquidity sits in Velodrome and Uniswap pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For JPYT the project publishes a whitepaper, a public source repository and an active account as @DePhaser_JPYT. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where JPYT sits in the market

Dephaser JPY ranks #6338, in the deep tail, among assets that are tracked but rarely quoted, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live JPYT order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. JPYT is a Optimism asset, so whatever turnover exists is most likely in Velodrome and Uniswap pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

JPYT against its all-time high

Dephaser JPY's record high is $0.00682267, set on 2025-08-29. At sub-cent levels a single tick is a large percentage move, so any alert on JPYT should be expressed in percent rather than in an absolute price step. It was set about a year ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live JPYT price — a stale or single-pool number would make that percentage look precise when it is not.

JPYT across its historical range

The recorded range is comparatively narrow: 1.11x between $0.0061423 and $0.00682267. Either the price history is short, or the asset is designed not to move.

The record low of $0.0061423 was printed on 2026-05-05 — within the last six months. We have no live quote to measure the current distance from it.

JPYT supply and valuation data

At #6338 there is no reliable third-party supply audit for JPYT at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $78 thousand as of 2026-05-12. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one optimistic.etherscan.io reports for this contract.

What kind of asset JPYT is

Dephaser JPY is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. Its peg is maintained algorithmically rather than by reserves. That is the most fragile of the stablecoin designs: the mechanism that defends the peg is itself reflexive, so it is strongest when it is least needed and weakest during the redemption pressure it exists to absorb. Depegs in this category tend to be step changes, not drifts. It is small for a stablecoin, and at this size the peg depends heavily on one or two liquidity pools; thin-book depegs here say more about liquidity than about solvency.

CoinGecko files JPYT under 5 categories, including Stablecoins, Optimism Ecosystem, JPY Stablecoin, Base Ecosystem, Algorithmic Stablecoin. CoinGecko also records deployments on Optimism (125 tracked tokens), Base (1,487 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Dephaser JPY alert that is worth receiving

Dephaser JPY is the ERC-20 at 0xc47d…4534 on Optimism — high dated 2025-08-29 — rank #6338. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →