JPY Coin JPYC

What JPYC actually is on-chain

JPY Coin is an ERC-20 on the C-Chain deployed on Avalanche, at contract address 0x431d5dff03120afa4bdf332c61a6e1766ef37bdb. That address, not the ticker JPYC, is what uniquely identifies this asset: anyone can deploy a second token calling itself JPYC, but the contract is unforgeable. Verify it against snowtrace.io before sending funds or approving a spend.

Because it lives on Avalanche, JPYC is held in any EVM-compatible wallet, transfers are paid for in AVAX rather than in JPYC itself, and secondary liquidity sits in Trader Joe pools. Two consequences follow for anyone setting alerts: you need AVAX 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.

2 other assets tracked on this site also use the ticker JPYC: JPY Coin (Ethereum, 0xE7C3…3c29); JPY Coin v1 (Ethereum, 0x2370…cd53). The asset on this page is specifically the Avalanche deployment at 0x431d…7bdb. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For JPYC the project publishes a public source repository and an active account as @jpy_coin. That is a partial paper trail — enough to check claims against, not enough to audit. 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 JPYC sits in the market

At #906, JPY Coin is in the upper small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live JPYC order book (HTX). That is thinner coverage than a #906 ranking would normally imply — a move on one of these books is close to the whole market for JPYC, with no deep second venue to arbitrage it back. None of the books we see for JPYC are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

JPYC against its all-time high

JPYC trades 92.1% below its $0.0796 record (on 2025-09-22), which puts a 12.6x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

JPYC across its historical range

The recorded range runs 88.5x, from $0.0009003 to $0.0796 — wide by the standards of traditional assets, moderate for this one's class.

JPYC trades roughly 7.01x above its record low of $0.0009003 (on 2025-03-26). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

JPYC supply and valuation data

JPY Coin sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for JPYC but not an audited token count. What we do have is a fully diluted valuation of $20.0 million as of 2026-09-15. That is in the upper quartile of tracked assets by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one snowtrace.io reports for this contract.

What kind of asset JPYC is

JPY Coin 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. It is backed by off-chain reserves, which moves the risk from smart-contract code to custody and disclosure: who holds the reserves, what they are held in, and how often that is attested. Those are the questions that decide whether the peg survives a redemption wave. 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 JPYC under 9 categories, including Stablecoins, Avalanche Ecosystem, Polygon Ecosystem, Gnosis Chain Ecosystem, Ethereum Ecosystem. CoinGecko also records deployments on Avalanche (256 tracked tokens), Polygon (531 tracked tokens), Ethereum (3,072 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 JPY Coin alert that is worth receiving

JPY Coin is the ERC-20 on the C-Chain at 0x431d…7bdb on Avalanche — quoted on 1 venue we stream — high dated 2025-09-22 — rank #906. 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 →