• Currencies: 20029
  • Exchanges: 22
  • Market Cap: $ 2.78T
  • 24h Vol: $ 177.39B
  • Dominance:
    BTC 57.16%
    ETH 10.87%
  • Gas: 0 GWEI

yearn.finance YFI

Rank: 297

YFI Price

$ 2372.01
+3.95% ($ 45.91)

Price Range

  • Low
  • 24H
  • High
  • $ 2269.46
  • $ 2377

General Info

Contracts/Explorers

Categories

yearn.finance (YFI) Chart

YFI Price Statistics

Market Cap $ 85.47M
FDV $ 86.97M
Volume (24h)
$ 15.62M
Total Supply
YFI 36.67K
Circulating Supply
YFI 36.04K
(98.28% of Total Supply)
Max Supply
YFI 36.67K
All Time High
$ 90787 11 May 2021
All Time Low
$ 31.65 18 Jul 2020

About yearn.finance (YFI)

Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders. It started out as a passion project by Andre Cronje to automate the process of switching capital between lending platforms in search of the best yield offered, as the lending yield is a floating rate rather than fixed rate. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols.  The service offered includes major USD tokens such as DAI, USDT, USDC, and TUSD. For example, if a user deposits DAI into yearn.finance, the user will receive yDAI token in return, which is a yield-bearing DAI token.  Later on, it collaborated with Curve Finance to release a yield-bearing USD tokens pool that includes four y-tokens: yDAI, yUSDT, yUSDC and yTUSD, it is named as yUSD.  Yearn Finance debuted the vault feature after its token launch, igniting a frenzy on automated yield farming and is considered the initiator of the category of yield farming aggregator. Basically, the vault will help users to claim yield farming rewards and sell it for the underlying assets.  Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise. End users also do not need to have proficient knowledge of the underlying protocols involved or DeFi, thus the Vaults represent a passive-investing strategy. It is akin to a crypto hedge fund where the aim is to increase the amount of assets that users deposited.

yearn.finance Markets

Exchange Pair Last Price Change (24H) High (24H) Low (24H) Volume (24H)
BingX YFI/USDT USDT 2337 +1.21% USDT 2380 USDT 2258 $ 12.48M YFI 5.26K
Binance YFI/USDT USDT 2339 +1.17% USDT 2400 USDT 2264 $ 339.49K YFI 143.12
Binance YFI/BTC BTC 0.03781 -5% BTC 0.04093 BTC 0.03532 $ 271.2K YFI 114.34
WhiteBIT YFI/USDT USDT 2339.78 +1.07% USDT 2379.91 USDT 2270.27 $ 253.7K YFI 106.95
HTX YFI/USDT USDT 2305.98 -0.7% USDT 2364.79 USDT 2271.41 $ 225.27K YFI 94.97
Coinbase YFI/USD USD 2341.22 +0.51% USD 2379.87 USD 2272.49 $ 199.55K YFI 84.13
OKX YFI/USDT USDT 2334 +1.08% USDT 2379 USDT 2269 $ 162.58K YFI 68.54
Bybit YFI/USDT USDT 2340 +1.21% USDT 2378 USDT 2267 $ 137.44K YFI 57.94
CoinW YFI/USDT USDT 2335.82 +1.04% USDT 2375.22 USDT 2273.15 $ 128.48K YFI 54.16
MEXC YFI/USDT USDT 2335.5 +1.06% USDT 2377.3 USDT 2269.9 $ 78.53K YFI 33.11
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