yearn.finance (YFI) gained 1.6% against the US dollar in the 24-hour period ending at 8:00 PM ET on April 12th. Currently, one YFI token trades at approximately $9,332.70** or **0.31216299 BTC** across major exchanges. Over the past week, YFI has surged **8%** in value against the dollar. With a **market capitalization of $306 million, yearn.finance recorded $52.94 million in trading volume over the last day.
Market Performance Snapshot
Comparative 24-hour performance of select cryptocurrencies:
| Token | Price Change | Current Price (USD/BTC) |
|---|---|---|
| KILT Protocol (KILT) | ↓ 1.5% | $0.34 / 0.00001135 BTC |
| Aidi Finance (AIDI) | ↓ 2.2% | $0.0000 / 0.00000000 BTC |
| Zoo Token (ZOOT) | ↓ 2.2% | $0.0652 / 0.00000239 BTC |
| OmniaVerse (OMNIA) | ↑ 1% | $0.0021 / 0.00000007 BTC |
| Hokkaidu Inu (HOKK) | ↓ 0.6% | $0.0005 / 0.00000002 BTC |
👉 Explore real-time YFI price trends for live market insights.
Yearn.finance Token Overview
- Launch Date: July 17, 2020
- Total Supply: 36,666 YFI
- Circulating Supply: 32,788 YFI
Official Channels:
- Twitter: @iearnfinance
- Blog: Medium/iearn
- Website: yearn.finance
Protocol Summary:
Yearn.finance automates DeFi yield farming by optimizing high-yield opportunities across decentralized finance platforms. The YFI token enables governance participation, allowing holders to vote on protocol upgrades and strategic decisions.
How to Trade Yearn.finance (YFI)
- Purchase Ethereum (ETH) or Bitcoin (BTC) via USD-friendly exchanges like Coinbase or Gemini.
- Transfer ETH/BTC to a compatible exchange (e.g., Binance, OKX, or Uniswap).
- Trade for YFI using the ETH/YFI or BTC/YFI pairs.
👉 Start trading YFI today with low fees and high liquidity.
FAQ
Q: What drives YFI’s price volatility?
A: Factors include DeFi market trends, yield farming demand, governance proposals, and broader crypto market sentiment.
Q: Can I stake YFI for rewards?
A: Yes! Yearn.finance integrates with vaults that auto-compound yields. Check the official website for active strategies.
Q: Is YFI a good long-term investment?
A: While YFI’s utility in DeFi is strong, always assess risk tolerance and diversify your portfolio.
Keyword Tags:
YearnFinance #YFI #DeFi #YieldFarming #CryptoInvesting #GovernanceTokens #Blockchain
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