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yearn.finance YFI

yearn.finance Price (YFI)
$7,301.20
0.31% Buy YFI Now

1.85 ETH

0.1048 BTC

Buy YFI Now
Low: $7,193.09
High: $7,301.26
24h
Market Cap
$244,094,309
0.31%
Fully Diluted Market Cap
$267,707,833
0.31%
Volume
24h
$13,946,123
19.21%
Volume / Market Cap
0.0571
Circulating Supply
33,432 YFI
91.18%
Max Supply
36,666
Total Supply
36,647

yearn.finance (YFI) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

1.08%

Joined at Feb 17, 2008

Following

0

Tweet count

1

0.00%

yearn.finance reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official yearn.finance (YFI) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

yearn.finance telegram
Telegram Stats
Visit Telegram

Members

0.08%

Title

yearn.finance

yearn.finance traffic
Website Traffic
Visit Website

Website Rating (DR)

74 / 100

0.00%

Ahrefs Rank

45,123

1.49%

Organic Traffic (mo.)

62

10.14%

yearn.finance github
GitHub Organization
Visit GitHub

Public repos

Created at Jan 22, 2020

Type

Organization

yearn.finance github
GitHub Public Repository
Visit GitHub

Stars

0.39%

Watchers

37

0.00%

Forks

297

0.00%

Language

JavaScript

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Members: 2,654


Live YFI Price Analysis

The current real time yearn.finance price is $7,301.20, and its trading volume is $13,946,123 in the last 24 hours. YFI price has grew by 0.31% in the last day, and increased by 7.05% in the last 7 days. It’s important to note that current yearn.finance market capitalization is $244,094,309, and the maximum supply is 36,666 YFI coins. Talking about circulating supply, YFI has 33,432 coins. Currently, yearn.finance rank on the market is #219.

yearn.finance price today is 92.19% below all time high, and it is 887.40% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling YFI are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is yearn.finance?

Yearn.finance token or YFI is the governance token native to the yearn.finance platform. The latter is a multi-chain yield farming platform that comes with a suite of unique DeFi products. It’s deployed on Ethereum, Fantom, and Arbitrum networks.

YFI is based on the ERC-20 token standard. It was initially launched on Ethereum and is considered to be the first community-governed project to be deployed on this network.

As a governance token, YFI grants its holders voting rights exclusive to yearn.finance. Besides voting, holders can also submit their own proposals called the Yearn Improvement Proposals (YIPs), Yearn Delegation Proposals (YDPs), and Yearn Signaling Proposals (YSPs). If the submitted proposal receives more than 50% of votes, it will be integrated into the platform.

The yearn.finance token was launched via a fair launch in mid-2022 where 30,000 yearn.finance tokens were distributed among the first users of the platform. It had no ICO or pre-mine event.

There is a total supply of 36,666 yearn.finance coins, all of which have already been minted. This could mean that as YFI becomes more scarce, the YFI price will increase.

YFI coins can be obtained via major exchanges.

You can have a more in-depth look at the yearn.finance price history or the current YFI price on the graph above.

What are the Main Features of yearn.finance?

As mentioned in the What is yearn.finance section, the latter is a suite of products for the DeFi space that mainly serves as a yield farming platform. 

Yield farming itself is the process of locking up your crypto assets into a DeFi protocol in the hopes of receiving said protocol’s native tokens as a reward.

Yearn.finance supports stablecoins including DAI, USDC, USDT, and TUSD. By depositing any of these tokens into the protocol, users receive yield-bearing tokens. They include yDAI, yUSDT, yUSDC, and yTUSD. These tokens were introduced as a result of a partnership with Curve Finance.

Moreover, it holds over $103,000,000 in currency reserves that are distributed among protocols such as Aave, Compound, and dYdx in order to deliver the best rates of return.

One of the main goals of the project is to make decentralized finance easy to understand. This way, even investors without technical knowledge will be able to participate and maximize their returns.

Other yearn.finance crypto products include yVaults. Yearn.finance describes yVaults as “savings accounts for crypto assets”. To put it simply, its main purpose is to maximize profits through strategies. 

Most importantly, yVaults eliminate the need for deep technical knowledge of the DeFi space to maximize returns. In other words, they serve as a passive form of investing in crypto.

yVaults are considered to be one of the first DeFi solutions to serve as yield farming aggregators.

Yearn.finance doesn’t charge users for withdrawing their earnings, however, it charges a management fee of 2% and a performance fee of 20%.

When it comes to governance, proposals that receive the majority vote are implemented via a multi-signature wallet that consists of 9 members. They are chosen by YFI holders and can be changed via governance voting at any time. At least 6 members must sign in order to implement the proposal.

The project is regularly audited by Certik and Quantstamp, however, this information is not displayed on the website. This was chosen to mitigate the false feeling of security. The founder of the project has commented that no yield farming platform can ever be truly 100% safe as there is always a level of risk involved.

Before getting involved in yearn.finance or any other crypto project, make sure to do your research. You can start by checking out the yearn.finance price history and other statistics on the graph above.

Who Developed yearn.finance?

The yearn.finance crypto project was initially launched in February 2020 under the name iEarn. Its sole founder, Andre Cronje, made some major changes to the project and relaunched it in July of 2022.

Andre Cronje began the development of yearn.finance as a hobby in which he tried to automate the switching of capital between lending platforms in order to provide the highest yield. As time passed, this hobby became an involved process that required Andre to invest over $40,000 of his own money into the project to continue development. Around the same amount of investments was also needed for core audits, hosting, and the final launch of the platform. 

This means the entire project was developed and launched from start to finish by Andre Cronje alone. In around 3 months, the value of the project went up to over $1,000,000,000.

Prior to the launch of yearn.finance, Andre was an active member of the crypto community. He was known for his code reviews on Medium and the origin of Aping - a high-risk activity of buying cryptocurrencies the moment they are launched. The latter signifies a severe lack of research which often results in severe losses for investors.

Besides his contributions to the crypto sector, Andre Cronje has worked in the fintech, big data, and insurance fields.

What's yearn.finance trading volume in the last 24 hours?

YFI has a trading volume of $13,946,123 in the last 24 hours.

What's yearn.finance highest price ever?

YFI has a highest price of $93,435.53, which was reached on May 12, 2021 (3 years 2 weeks ago).

What's yearn.finance lowest price ever?

YFI has a lowest price of $739.44, which was reached on Jul 21, 2020 (3 years 10 months ago).

What are the best exchanges for buying and selling YFI?

Currently, the most active and dominating exchanges for buying and selling yearn.finance are Binance, Kraken & Kucoin. The most popular yearn.finance trading pairs are YFI/USDT (on Binance ), YFI/USDT (on Huobi Global ), YFI/USDT (on Bityard ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping YFI?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping yearn.finance. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

yearn.finance project's Circulating Supply has been verified and is equal to:

Circulating Supply

33,432 YFI

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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