yearn.finance Logo

yearn.finance YFI

yearn.finance header image

1. Summary

Ranks

Liquidity
99
Developer
76
Social
77
Momentum (beta)
51
Stack Rankā„¢
65
Price
52W High price $14,405.20
52W High date 18th Nov 2023 (1 year ago)
All Time High (ATH) Date 12th May 2021 (3 years ago)
ATH Price $90,787.00
% From ATH -94.8%
All Time Low (ATL) Date 18th Jul 2020 (4 years ago)
ATL Price $31.65
% From ATL 14824.31%
Supply & Trading Volume
Trading Volume (24h) $60.52M
Total Supply 36,666.00
Max Supply 36,666.00
Circulating Supply 33,570.00
Description

Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.

Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.

Background

Yearn Finance began as a passion project by Andre Cronje to automate the process of switching capital between lending platforms in search of the best yield offered. It started by aggregating funds across dYdX, AAVE, and Compound, shifting capital between these platforms automatically as interest rates change.

Key Products

  • yTokens: A yield-bearing DAI token representing deposits into Yearn Finance. For example, users depositing DAI receive yDAI tokens, which earn interest.
  • Vaults: Yearnā€™s primary feature allows users to automatically earn the highest yields on their assets by dynamically moving them between various lending platforms.
  • yUSD Pool: A yield-bearing USD token pool including yDAI, yUSDT, yUSDC, and yTUSD.

Governance

  • YFI Token: Acts as a coordination mechanism for Yearn's decentralized community. YFI token holders can participate in managing the protocol with little oversight.

  • Yearn Improvement Proposal Process: Allows token holders to propose changes and improvements to the protocol and vote on them, ensuring community-driven decision-making.

  • veYFI: Allows token holders to propose and vote on changes while controlling aspects of future implementations.

Ecosystem

Yearn Finance has expanded into a holistic suite of DeFi services, including Earn, Zap, and Cover, which provide an all-encompassing DeFi experience. The protocol focuses on striking a balance between DAO decentralization and productivity, aiming to be a one-stop-shop for users seeking optimized yield farming strategies.

2. Price

YFI

2.1. Market Performance

How does yearn.finance's (YFI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-4.2%

YFI

23.7%

Similar Market Cap

60 Day Return

-7.7%

YFI

17.1%

Similar Market Cap

1 Year Return

-18.9%

YFI

33.5%

Similar Market Cap

3. Developer Activity

We're monitoring 164 yearn.finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All yearn.finance Repos)

Commits vs. The Market

  • Past 4 weeks: 6 commits vs. an average of 1
  • Past 12 weeks: 50 commits vs. an average of 7
  • Past year: 620 commits vs. an average of 104

Most Active Repos

Past week 24
Past 12 weeks 82
Past year 783
Past week 79
Past 12 weeks 205
Past year 322
Past week 13
Past 12 weeks 34
Past year 301
Past week 1
Past 12 weeks 13
Past year 265
Past week 22
Past 12 weeks 66
Past year 235
Past week 0
Past 12 weeks 0
Past year 187

Top Developers 2024

In total, 742 developers have contributed to yearn.finance over the past year. Who are the most active yearn.finance developers, by commits, over the past year?

Related Projects

Developers working on yearn.finance also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 9,016
Active Reddit Users (past 24h) 14
Discord users
Active Discord Users
Telegram Users 7,812
Twitter followers 202,844
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://yearn.finance
Explorer https://etherscan.io/token/0x0bc529c00c6401aef6d22...
Twitter @iearnfinance
reddit /r/yearn_finance

What is the correct contract address for yearn.finance?

Base 0x9eaf8c1e34f05a589eda6bafdf391cf6ad3cb239
Sora 0x002676c3edea5b08bc0f9b6809a91aa313b7da35e28b190222e9dc032bf1e662
Xdai 0xbf65bfcb5da067446cee6a706ba3fe2fb1a9fdfd
Energi 0x2726dd5efb3a209a54c512e9562a2045b8f45dbc
Fantom 0x29b0da86e484e1c0029b56e817912d778ac0ec69
Ethereum 0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e
Avalanche 0x9eaac1b23d935365bd7b542fe22ceee2922f52dc
Huobi-token 0xb4f019beac758abbee2f906033aaa2f0f6dacb35
Polygon-pos 0xda537104d6a5edd53c6fbba9a898708e465260b6
Arbitrum-one 0x82e3a8f066a6989666b031d916c43672085b1582
Near-protocol 0bc529c00c6401aef6d220be8c6ea1667f6ad93e.factory.bridge.near
Harmony-shard-0 0xa0dc05f84a27fccbd341305839019ab86576bc07
Optimistic-ethereum 0x9046d36440290ffde54fe0dd84db8b1cfee9107b

Has yearn.finance been audited for security?

No security audits found for this project.

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