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yearn.finance current price is $8,837.46.

yearn-finance yearn.finance (YFI)

$8,837.46
-4.76% (24H)
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Market CapVolumeAvailable Supply
$292.71 M $58.89 M33,277 YFI

yearn.finance current price is $8,837.46 with a marketcap of $292.71 M. Its price is -4.76% down in last 24 hours.

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... Read More

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