yearn.finance (YFI): Price, Charts and Market Cap

yearn.finance yearn.finance website
Symbol YFI
Nature Token
Brief yearn.finance (YFI) is a cryptocurrency token and operates on the Ethereum platform. yearn.finance has a current supply of 30,000 with 29,962.093 in circulation.
Discussion https://yearn.finance/
Last updated: Wednesday, January 27, 2021 7:00:03AM UTC
Crypto Volatility Index (CVIX): 74
Current price, USD: 29 137.97
Market capitalization, USD: 873 229 829
Available supply: 29 969 YFI
Volume 24 hours, USD: 370 409 731
Mineable No

yearn.finance general information

General YFI facts, technical details and general information about yearn.finance crypto currency


YFI is the native token of the Yearn.Finance system. Yearn.Finance is a DeFi yield farming system, focused on making it easier for users to automatically farm the highest-yields possible with their cryptocurrency.

Yearn is a growing collection of DeFi services, intended to act as a simple gateway for the wider DeFi ecosystem.

Its centrepiece is the ability to automatically invest user deposits in the highest-yielding place available in the DeFi ecosystem, through Yearn Vaults. Users deposit funds into the vault, and those funds are then collectively allocated to the most lucrative yield farming available, and the returns from those are distributed proportionally to users, accumulating to the yTokens users are given when they make deposits.

Yearn can similarly let people make stablecoin deposits straight to the highest-yielding lending platform available, to earn competitive returns on stablecoins.

In addition to the ease of use, this also helps batch transactions to save on Ethereum gas fees. The service doesn't come for free though, as performance fees and other costs are extracted along the way. These fees can be paid to YFI token holders as dividends, in an amount the community of token holders agrees on.

YFI is purely and simply a governance token. Its holders are allowed to vote on decisions that affect Yearn.

While simple on paper, this can potentially be quite complex and lucrative though, as evidenced by the decision to receive a pay a cut of the service fees to token holders. And if Yearn becomes a prominent part of the DeFi world over time, other decisions such as support for different assets, and the way returns are paid or reinvested, could have profound impacts on the rest of the market over time. Yearn encourages YFI token holders to actively participate in governance.

Historical data for yearn.finance

We list daily yearn.finance historical data for the past 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Jan 18 34 434.20 34 434.20 39 911.95 1 121 397 213
Jan 19 38 132.53 34 717.34 38 141.27 1 070 698 656
Jan 20 34 924.18 32 348.02 35 247.63 1 005 503 637
Jan 21 34 018.95 28 044.44 34 018.95 840 458 038
Jan 22 28 051.76 27 238.71 31 653.70 923 058 865
Jan 23 30 836.63 29 858.35 31 490.55 915 915 536
Jan 24 30 405.19 30 405.19 32 930.37 968 733 887
Jan 25 32 134.47 29 906.86 32 912.15 896 272 386
Jan 26 29 436.68 28 710.75 30 257.04 906 766 867
Jan 27 30 242.80 28 954.22 30 242.80 873 229 829

YFI/USD Exchange Rates


YFI to USD price chart — 7 days

YFI to USD price chart — 30 days

YFI to USD price chart — 60 days

YFI to USD price chart — 6 months

yearn.finance

yearn.finance (YFI) price change (24h)

YFI price change 24 hours -2.06%
YFI price change 7 days -14.45%

yearn.finance (YFI) Short Term Forecast

After Price Change
1 day $23 351.76 -19.86%
1 week
1 month
6 months
1 year
yearn.finance Price Prediction

yearn.finance Comments & Reviews

The sector was recently buried in the belief that the bubble of decentralized financial applications had burst. However, judging by the growth of DeFi coins in the sector, things are not so bad. The same prime example of the yearn.finance (YFI)...

Val-ly   November 21, 2020   YFI


One of the main beneficiaries is the Yearn Finance (YFI) coin. Over the past week, the number of transactions over $ 100K jumped by almost 300%, according to The Block. Since November 5, YFI has jumped 119% in price. While the DeFi sector is being...

FortyN1nety   November 14, 2020   YFI


After explosive growth, the decentralized financial applications sector has shown an impressive correction. Sentiment data provider reports a 25% drop in DeFI's market cap in one day. Coin yearn.finance (YFI), which managed to exceed $ 40K in price,...

Nilssson   October 10, 2020   YFI


The DeFi coin market shows the most negative price dynamics. Not surprising given the scale of growth this sector has shown over the past few months. The total volume of tokens blocked in applications began to fall. Over the past few days, this...

l00k$_1ntere$1ng   October 8, 2020   YFI


The trading volume of DeFi's leading coins yEarn Finance (YFI), Synthetix (SNX) and Compound (COMP) in the OTC markets has grown 8 times since the beginning of the year. Given the recent impressive fluctuations of the same yEarn Finance (YFI), the...

Leonie   September 24, 2020   YFI


yearn.finance Reviews

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yearn.finance News & Forecasts

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