1
YFI
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USD
1h | 24h | 7d | 30d | 60d | 90d |
---|---|---|---|---|---|
-0.31% | -0.42% | -3.72% | -12.58% | 12.85% | 2.14% |
Compare yearn.finance with other crypto
1h | 24h | 7d | 30d | 60d | 90d |
---|---|---|---|---|---|
-0.31% | -0.42% | -3.72% | -12.58% | 12.85% | 2.14% |
1
YFI
=
USD
1
4
1
Price has decreased by -39.09% in the last 1 year.
yearn.finance is currently trading -20.38% below the 200-Day SMA which is $6,211.51.
The 14-Day Relative Strength Index (RSI) is at 94.35 which indicates that the cryptocurrency is currently SELL and may trade sideways.
The number of green days in the last 30 days is 14 which is 47%.
The circulating supply has yet to be published.
Has high liquidity with 0.06408 volume to market cap ratio. The current market cap is $171.18M while the 24-hour volume is $10.97M
Year | Q1 | Q2 | Q3 | Q4 | Total |
---|---|---|---|---|---|
2020 | - | - | 2424.59% | -4.45% | 2312.16% |
2021 | 58.58% | -6.47% | -13.79% | 13.56% | 45.20% |
2022 | -32.75% | -75.68% | 50.09% | -37.26% | -84.60% |
2023 | 72.57% | -24.35% | -21.12% | 55.05% | 59.67% |
2024 | 12.63% | -30.30% | -16.39% | 50.27% | -1.36% |
2025 | -40.30% | ||||
Average | 14.15% | -27.36% | 484.68% | 15.43% | 466.21% |
Yearn.finance is a decentralised platform. The main aim of this platform is to provide modernised solutions. These solutions are basically for better yields in farms. The secondary motive of these solutions is to increase investment strategies. A point worth considering is that it has successfully managed to evolve as a prominent platform in a decentralised finance system. In this article we have explained the history of the Yearn.finance coin. Not only that, we have also tried to describe how it is operated. Similarly, we have tried to venture into its benefits. In addition to that we have also tried to understand its potential future.
A group of visionary developers was trying to make a good decentralized ecosystem. Through this system, they wanted to do the following:
The research of these visionaries ended with this unique decentralized ecosystem. They called it yearn. finance.
It works as a supplier that gives its users permission to use various DeFi protocols. These protocols play a vital role to improve the investment strategies of its users. With its help the users can increase their returns. They can do so because it gives them the levay to automatically move funds between different protocols. It is based on yield farming opportunities.
Andre Croje was the founder of many DeFi systems. He wanted to create something exceptional in this system. That is how the foundation of this coin was laid. The history of this coin can be summed up in these phases:
Today, It provides a wide range of services. Infact, it has managed to get a good amount of acknowledgment in the DeFi industry.
The important part of the yearn. finance ecosystem is its crypto coin. This coin is also called YFI. It is an ERC-20 token. This token provides its holders with many advantages within the platform. The benefits of using this coin are as follows:
To conduct self-operated yield farming strategies it uses the following
Smart contracts
Many cryptocurrencies use Smart contracts. The main aim of these smart contracts is to do the following:
Ample research.
It researches various DeFi protocols.
Discover greener pastures
Not only that, it also finds the most profitable opportunities and moves users' funds appropriately.
Decrease efforts
The self-operating system is created in such a manner that it reduces the users' efforts. Moreover, there is very less chance of human error.
Increase returns
The effectiveness and precision of smart contracts, it pave the way to increase the coin's returns.
Vaults
It provides vaults that work on automated yield farming strategies. These strategies can increase returns by combining yields.
There are a number of merits that come with investment in this coin. Below are some of the benefits that the users can enjoy after holding YFI.
It makes the DeFi investment process simple. This simplicity enables users to use various protocols through a single platform. This is easier than other systems which makes the entire process of investment in this crypto coin straightforward.
It uses automated strategies and Vaults. These strategies have a massive contribution in the enhancement of yield farming. In the like manner, it also helps users to increase their returns.
The best part about this cryptocurrency is that it allows its holders to take an active part in the decision-making process of the platform. This takes place through a fair voting process. This step positively influences the future developments of this coin.
Every coin has two sides to it. Likewise, there are certain unavoidable risks in the crypto world. At the same time, there are a number of challenges involved in the cryptocurrency market. Therefore, despite the fact that this coin offers a number of benefits it is not an exception from the uncertainties discussed below:
It is a DeFi project and uses smart contracts. Even though these contracts are efficient and effective they are very vulnerable. They can easily fall prey to facets like hacking or manipulations.
The cryptocurrency market is very unpredictable. There can be a gushing tide of high price or an unfortunate ebb of decline in prices. Just like any other cryptocurrency, even this coin is subjected to price fluctuations.
Regulatory Landscape is still in its developing stage. Therefore there is nothing that one can say for sure when the policies are concerned. As a matter of fact, even a change in a single policy can have an adverse impact on the future of this coin.
There are a number of reasons why the future of this cryptocurrency is very bright. We have put together a few of these indicators below:
From the time this coin was first launched it constantly gained popularity. At the same time, it has also managed to achieve a prominent position in the DeFi innovation process.
The developers are continuously working to enhance it. New features are being added constantly to broaden its ecosystem. It has dynamic supporters and focused developers. Therefore, the coin is on the path of achieving a brighter future.
People are putting their trust into crypto yield farming. There are more and more investors who are flocking to harness its benefits and earn more revenue. Since this coin is also based on this system its chances of growth in the future are high.
Till now this coin has not seen any major compromises of any kind. The coin has remained steady with no violation in its security. Another key point is that there is no breach remuneratively or on its repute.
The community of this coin is very dedicated. They actively share news, discuss their thoughts about crypto trading and ask clarity about pressing issues that affect the crypto world. Due to this community, it seems that this coin will flourish.
The current price of the yearn.finance(YFI) is $5,062.65, with a current market cap $171,179,262.25.
YFI is a ticker symbol of the yearn.finance.
At the movement,33.81K yearn.finance tokens are already in the market out of 36.65K YFI.
There are many options for buying crypto, and yearn.finance can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy yearn.finance. It's a quick, easy, and secure way to buy yearn.finance(YFI).
No, It is not a stablecoin.
yearn.finance had an all-time low of $739.44.
yearn.finance had an all-time high of $93,435.53.
The current yearn.finance price is $5,062.65. In the last 24 hours, yearn.finance price has gone up by -0.42%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future yearn.finance price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired yearn.finance at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging YFI against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, yearn.finance can be earned or received in various ways. YFI considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the YFI.
Would you like to know how many cryptocurrencies 1 YFI is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs.
yearn.finance price today is $5,062.65 USD, which is Down by -0.42% over the last 24 hours. There has been an hourly Dip by -0.31%. yearn.finance's market cap currently sits at $171,179,262.25 USD, holding up for a market cap rank at #232. The volume were at $10,969,376.97 USD yearn.finance ranks no 232 in the market capitalization of yearn.finance is at $171,179,262.25 and its volume for 24 hours is $10,969,376.97. yearn.finance are under circulation, with total supply of 36.65K and the Maximum supply of 0.
Official Link
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Network information
YFI Price | $5,062.65 |
Percentage Change ( 24h ) | ▼0.42% $131.89 |
24h High / Low | $5,190.92 / $5,059.03 |
Trading Volume 24h | $10,969,376.97 |
Volume / Market Cap | 0.06408 |
Market Dominance | 0.01% |
Market Rank | 232 |
Market Cap | $171,179,262.25 |
Fully Diluted Market Cap | $185,527,677.94 |
All Time High | $93,435.53 ▼94.58% |
All Time Low | $739.44 ▲584.66% |
Circulating Supply | 33,812 YFI |
Total Supply | 36,646 YFI |
Max Supply | - |