yearn.finance (YFI)What's yearn.finance price? How much potential does it have? How to buy yearn.finance? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how YFI compares to Bitcoin based on its performance!
(Price data last updated about 2 hours ago)
Data last updated about 2 hours agoYFI All Time Low/High: €27.69 (+29070%) / €74761 (-89%)
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Compare YFI and BTC performance
How popular is yearn.finance cryptocurrency?yearn.finance ranks 146th among all cryptocurrencies. It has a market cap of €264697307. The total trading volume within the last 24 hours was €23916100.
How much potential does it have?How much can yearn.finance grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (32,777), it can theoretically grow at least 1916x before it would become more popular than Bitcoin. This means that based on YFI maximum potential it could reach €15479900 before it would have to overtake Bitcoin.
How to buy yearn.finance?The easiest way to buy YFI is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 84 yearn.finance exchanges available.
Where can you buy it?YFI should be listed in these exchanges:
Where can I find more information about yearn.finance?You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.
What is yearn.finance?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.
|Market Cap: €264697307||Rank: #146||Volume: €23916100|
yearn.finance (YFI) live price chart
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How big was yearn.finance coin volume within the last 24h?
yearn.finance (YFI) last recorded volume was € 23916100.
How much has yearn.finance price changed during one year?
YFI price has changed during the last year -59.84 %.
Is YFI coin close to its All Time High price?
YFI all time high price (ath) is €74761. Its current price is €8077.23. This means that the difference between yearn.finance (YFI) All Time High price and YFI current price is -89%.
What is the maximum price yearn.finance (YFI) could VERY theoretically reach?
YFI has a current circulating supply of 32,777. Based on our calculation YFI could reach up to €15479900 before it would have to overtake Bitcoin. So in theory the potential for growth is 1916x its current value (€8077.23). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for yearn.finance and in no way is it a prediction of any kind, far from it.
Where can you buy yearn.finance?
yearn.finance is currently listed on at least these crypto exchanges: Bitget, Tidex, BKEX, Coinbase Exchange, DigiFinex, Sushiswap, Binance, BitMart, Bitforex, P2B, OKX, WhiteBIT, Dcoin, Coinsbit, Bibox, Bitkub, Bitvavo, MEXC Global, Bitfinex, Azbit, Bilaxy, Kraken, Bybit, Bitstamp, BingX, Deepcoin, Binance US, KuCoin, Bithumb, Bitso, LocalTrade and possibly some others.