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yearn.finance (YFI) price, chart, coin profile and news

Find the latest yearn.finance (YFI) price, coin profile, news and history to get you started with yearn.finance trading and investing.

yearn.finance
YFI- USD
$7,270.06
+ $1,776.44 ( + 32.34%)
THREE-ARROWS-CAPITAL-PORTFOLIO

What is yearn.finance?

yearn.finance is a DeFi yield-farming system, focused on making it easier for you to automatically farm the highest-yields possible with your cryptocurrency.

Yearn is a growing collection of DeFi services, intended to act as a simple gateway for the wider DeFi ecosystem. Its centrepiece is the ability to automatically invest your deposits in the highest-yielding place available in the DeFi ecosystem through Yearn Vaults. You deposit your funds into the vault, which are then collectively allocated to the most lucrative yield farming available. The returns are distributed proportionally to users.

Yearn can let people make stablecoin deposits straight to the highest-yielding lending platform available to earn competitive returns on stablecoins. In addition to the ease of use, this also helps batch transactions to save on Ethereum gas fees.

YFI is the native coin of the yearn.finance ecosystem and is required to participate in the yield-farming services. It is used to pay for fees and staking and is paid out to token holders as dividends. YFI tokens are also used to vote and engage with the governance decisions on the platform.

yearn.finance (YFI) is the 148th largest cryptocurrency in the world by market cap, valued at $234,854,283. The current price of yearn.finance is $7442.48, which is 45.278% higher than yesterday. Prices have ranged between $7791.99 and $5122.91 over the past 24 hours. All prices are listed in US dollars and accurate as of June 24, 2022 10:06 UTC.


Recent yearn.finance developments

December 2021: In a snapshot poll, the Yearn Finance community voted on proposals regarding an update to the company's tokenomics. The company is now starting a fee distribution to YFI holders based on the poll. Yearn Finance is also aggressively buying back YFI. By December 16 2021, over $7.5 million of YFI has been purchased by the company on the open market at an average price of $26,651. The amount of FYI bought back by the company over the last month is now larger than the amount purchased over the year prior.

yearn.finance (YFI) price

Use our graph to track the performance of (YFI) over time.

yearn.finance at a glance

Information last updated June 24, 2022 10:06 UTC.
Coin symbol YFI
Coin Marketcap US$234,854,283
Total YFI supply 36,666
Circulating YFI 31,576
Current price US$7442.48
All time high US$90,787.00
All time high date May 12, 2021
Notable team members Andre Cronje
Partnerships CREAM finance
Industry Yield farming
Token uses Rewards, governance
Network Ethereum

yearn.finance price performance over time

Historical prices compared with the price of US$7442.48.

1 hour 0.04%
24 hours 45.28%
7 days 61.73%
14 days -0.35%
30 days -18.06%
60 days -59.35%
200 days -68.68%
1 year -75.97%

Disclaimer: Cryptocurrencies, including yearn.finance, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of YFI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the yearn.finance or any other cryptocurrency discussed.

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