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yearn.finance price

(YFI)

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$30,324.16
+5.11%

Market stats

$1.1B

$195.4M

36.6K YFI

15 days

65% buy
35% sell

#42

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.

How it works

yEarn aims to be a sophisticated “yield farming” automation tool with a streamlined interface. It automatically moves funds supplied by investors between the liquidity pools of various DeFi projects via smart contract, in order to achieve the highest possible return for investors. 

It also enables investors to use automation to drive decisions about which projects they should invest their funds into in order to get the best deal possible and maximize their profits.

Keep in mind

YFI is a governance token, which means that holders are able to vote on changes to the protocol’s structure or operational model. It has only been rarely distributed to users, but existing YFI can be bought or sold like any other cryptocurrency. 

Released: July 2020

yearn.finance is on the decline this week.

The price of yearn.finance has fallen by 15.13% in the past 7 days. The price increased by 5.11% in the last 24 hours. In just the past hour, the price shrunk by 1.11%. The current price is $30,324.16 per YFI. yearn.finance is 66.77% below the all time high of $91,256.72.The current circulating supply is 36,635.44 YFI.

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