yearn.finance YFI Price, Live Charts, and News in United Kingdom

Name: yearn.finance
Brand: Cryptocurrency
SKU: YFI
Price: 5584.29600490195879996492573339055436 GBP
Availability: InStock

yearn.finance

YFI

Explore yearn.finance

Create a Coinbase account to buy and sell yearn.finance and start your crypto journey!

Buy yearn.finance

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

•

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

•

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

•

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

•

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

•

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

•

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

◦

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

•

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

•

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

•

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

About yearn.finance

Yearn.finance (YFI) is an Ethereum token that governs the Yearn.finance platform. The platform is a yield optimizer that moves funds around the decentralized finance (“defi”) ecosystem in an effort to generate a high return.

Resources

Yearn.finance (YFI) is a service that aims to simplify the intricate world of decentralized finance (DeFi) for users. It employs automation to assist users in optimizing their potential returns from yield farming. Launched in February 2020, the platform serves as an aggregator for DeFi protocols, striving to bring a competitive yield to those who stake cryptocurrency. The platform's in-house token, YFI, is earned by users through providing liquidity. Token holdings dictate governance privileges, enabling users to participate in the platform's decision-making process.

Yearn.finance operates by utilizing various custom tools to act as an aggregator for DeFi protocols. It strives to simplify DeFi activities such as yield farming for a wider user base. The platform generates revenue by imposing withdrawal fees and gas subsidization fees, which can technically be altered by consensus at any time due to its governance model. New features are continually introduced, aiming to help maintain the long-term value of the platform. Users of yearn.finance earn YFI tokens through providing liquidity.

Yearn.finance is designed for users who may not have the time or technical knowledge to delve into the increasingly intricate DeFi landscape, or who wish to optimize their returns. By acting as an aggregator for DeFi protocols, it allows users to stake their cryptocurrency and potentially receive a competitive yield. The platform also offers governance privileges to YFI token holders, enabling them to participate in decision-making processes. This makes yearn.finance a potentially useful tool for individuals, DAOs, and other protocols seeking to earn yield on their digital assets.

Yearn.finance was launched in February 2020 by Andre Cronje, who had previously departed from the iEarn project. After its launch, the platform experienced growth as new products were introduced and the in-house token YFI was released in July. The platform's situation has since changed, with assets under total value locked coming in at just over $1 billion as of the end of September 2020. Cronje, who has experience in cryptocurrency and DeFi, continues to contribute to the platform's development.

Get up to $200 for getting started

Earn free crypto after making your first purchase. Terms apply.

Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

United Kingdom Market Stats

Market cap

£186.3M

Volume (24h)

£12.2M

Circulating supply

33.4K YFI

Typical hold time

14 days

Popularity

#255

All time high

£76,855.71

Price change (1h)

+0.1%

Price change (24h)

-0.16%

Price change (7d)

-0.8%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about yearn.finance

CoinDesk • Apr 13, 23

Exploit Involving Aave and Yearn Helped Users Make Money

The exploiter paid back Aave users’ USDT debts on its V1 markets, making the total USDT borrowed stand at zero.

CoinDesk • Apr 13, 23

DeFi Protocols Aave, Yearn Finance Likely Impacted in Exploit: PeckShield

Losses may total over $11 million, data suggests.

CoinDesk • Feb 24, 23

YFI Sets Six-Month High as Yearn Finance Teases Ether Liquid Staking Product

The product is designed to offer users exposure to a basket of liquid staking derivatives in one token.

The Defiant • May 04, 22

Yearn Finance Quietly Expands its Yield Machine with V3 Release Yield Aggregator Taps ERC-4626 Standard for Vaults

Yield Aggregator Taps ERC-4626 Standard for New Vaults Offering

CoinDesk • Apr 19, 22

DeFi Developer Andre Cronje Teases New Regulation-Focused Crypto Projects

The mercurial “Godfather of DeFi” is now pivoting to compliant crypto after abruptly quitting decentralized finance in early March.

The Block • Apr 18, 22

Andre Cronje: ‘Crypto culture has strangled crypto ethos’

DeFi developer Andre Cronje calls for regulations and the birth of a new crypto age driven by trust and not by greed.

Related Assets

People also view

People who viewed yearn.finance tend to also view the following cryptocurrencies.

Compound

Quant

SushiSwap

Storj

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

XYO

NKN

SUKU

UMA

DIA

API3

SUI

MXC

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Bitcoin

Ethereum

Tether

Solana

USDC

XRP

Dogecoin

Cardano

SHIBA INU

Avalanche

Polkadot

Bitcoin Cash

Recently added

A selection of the most recently added cryptocurrencies.

Arkham

Tensor

Safe

Karrat

Shadow Token

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to yearn.finance in market cap.

MX TOKEN

TerraClassicUSD

Memecoin

Raydium

Waves

Ribbon Finance

Harmony

Beldex

Oasys

FINSCHIA

Heroes of Mavia

ICON

Advanced trading

Here is a selection of spot and futures markets that people watch

BTC Futures

ETH Futures

CBETH-ETH

SOL-ETH

ADA-ETH

BTC-USDC

ETH-USDC

INDEX-USDT

ASM-USDT

Discover more assets

A selection of other relevant cryptocurrencies

Alchemy Pay

Request

PolySwarm

Wrapped Bitcoin

Aavegotchi

DIA

Crypto.com Coin

Pluton

Injective

Cryptex Finance

Propy

Axie Infinity

Social

Some highlights about yearn.finance on social media

360 unique individuals are talking about yearn.finance and it is ranked #595 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, yearn.finance has an average sentiment score of 3 out of 5. Finally, yearn.finance is becoming more newsworthy, with 0 news articles published about yearn.finance. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about yearn.finance. There were 5.13% of tweets with bullish sentiment compared to 17.95% of tweets with a bearish sentiment about yearn.finance. 76.92% of tweets were neutral about yearn.finance. These sentiments are based on 39 tweets.

On Reddit, yearn.finance was mentioned in 171 Reddit posts and there were 284 comments about yearn.finance. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Overview

Contributors

360 people

Volume rank

#595

Average Sentiment

3 out of 5

Twitter

Tweet Count

39 people

Sentiment

5.13%

Bullish

76.92%

Neutral

17.95%

Bearish

Posts

171

Comments

284

Post Score

1,585

Comment Score

1,526

yearn.finance Calculator

How much is 1 YFI?

Conversion Table

YFI/USD (United States Dollar)

$6,975.31

YFI/CAD (Canadian Dollar)

CA$9,538.06

YFI/GBP (British Pound)

£5,584.30

YFI/JPY (Japanese Yen)

¥1,103,938.14

YFI/INR (Indian Rupee)

₹581,767.01

YFI/BRL (Real)

R$35,688.01

YFI/EUR (Euro)

€6,522.30

YFI/NGN (Nigerian Naira)

NGN 9,202,541.84

YFI/KRW (South Korean Won)

₩9,612,459.05

YFI/SGD (Singapore Dollar)

S$9,505.49

yearn.finance is on the decline this week.

The price of yearn.finance has increased by 0.10% in the last hour and decreased by 0.16% in the past 24 hours. yearn.finance’s price has also fallen by 0.80% in the past week. The current price is £5,584.30 per YFI with a 24-hour trading volume of £12.23M. Currently, yearn.finance is valued at 92.73% below its all time high of £76,855.71. This all-time high was the highest price paid for yearn.finance since its launch.

The current circulating supply of yearn.finance is 33,414.622 YFI which means that yearn.finance has as total market cap of 33,414.622.

FAQ

What is the current price of yearn.finance?

We update our yearn.finance to GBP currency in real-time. Get the live price of yearn.finance on Coinbase.

What is the market cap of yearn.finance?

The current market cap of yearn.finance is £186.31M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of yearn.finance?

The all-time high of yearn.finance is £76,855.71. This all-time high is highest price paid for yearn.finance since it was launched.

What is the 24 hour trading volume of yearn.finance?

Over the last 24 hours, the trading volume of yearn.finance is £12.23M.

What other assets are similar to yearn.finance?

Assets that have a similar market cap to yearn.finance include MX TOKEN, TerraClassicUSD, Memecoin, and many others. To see a full list, see our comparable market cap assets.

How many yearn.finance are there?

The current circulating supply of yearn.finance is 33 thousand.

What is the typical holding time of yearn.finance?

The median time that Coinbase customers hold yearn.finance before selling it or sending it to another account or address is 14 days.

What is the relative popularity of yearn.finance?

yearn.finance ranks 96 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of yearn.finance?

Currently, 91% of Coinbase users are buying yearn.finance. In other words, 91% of Coinbase customers have increased their net position in yearn.finance over the past 24 hours through trading.

Can I buy yearn.finance on Coinbase?

Yes, yearn.finance is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy yearn.finance guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.