The edge that pays for itself.
Yearn (YFI) Price
Yearn Price
Technical Analysis
Daily indicators based on 1d candle data
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| BitonEx | YFI/USDT | 5,145.29 | 92,030.93 | 278,713.06 | 17.93 M | 1.79 | cex | 90.00 | 7/9/2025, 6:21 AM |
| PayBito | YFI/USDT | 5,147.85 | 711,482.06 | 815,411.55 | 6.59 M | 0.50 | cex | 397.00 | 7/9/2025, 6:21 AM |
| Millionero | YFI/USDT | 5,328.69 | 347,770.99 | 388,544.12 | 2.23 M | 0.18 | cex | 221.00 | 6/15/2025, 5:33 PM |
| HTX | YFI/USDT | 5,158.01 | 927.09 | 2,145.62 | 2.23 M | 0.12 | cex | 293.00 | 7/9/2025, 6:23 AM |
| CoinUp.io | YFI/USDT | 5,150.66 | 74,784.95 | 69,446.68 | 1.94 M | 0.08 | cex | 400.00 | 7/9/2025, 6:18 AM |
| Bibox | YFI/USDT | 4,986.93 | 36,811.52 | 36,614.65 | 1.27 M | 0.49 | cex | 261.00 | 7/9/2025, 6:21 AM |
| Binance | YFI/USDT | 5,145.77 | 102,519.84 | 58,741.61 | 638,709.76 | 0.01 | cex | 602.00 | 7/9/2025, 6:23 AM |
| BYEX | YFI/USDT | 5,145.66 | 78,938.35 | 60,120.11 | 596,974.34 | 0.03 | cex | 84.00 | 7/9/2025, 6:21 AM |
| BitDelta | YFI/USDT | 5,145.66 | 2,431.04 | 1,865.40 | 587,819.66 | 0.47 | cex | 228.00 | 7/9/2025, 6:21 AM |
| BVOX | YFI/USDT | 5,146.49 | 90,973.20 | 101,859.37 | 546,788.79 | 0.06 | cex | 546.00 | 7/9/2025, 6:18 AM |
Yearn FAQ
Yearn.finance serves as an aggregator service for decentralized finance (DeFi) investors, leveraging automation to enable the maximization of profits from yield farming. Its objective is to streamline the continually expanding DeFi space for investors who may not have a technical background or prefer to engage in a less intensive manner compared to seasoned traders. Introduced in February 2020, the service, previously known as iEarn, has experienced substantial growth recently as new products have been launched and developers have released the proprietary token YFI.
Yearn.finance is the creation of Andre Cronje. After departing from the iEarn project in February 2020, Cronje returned to lead a revitalization, introducing new tools and launching YFI in July. Since then, its success has surged, with total value locked reaching just over $1 billion by the end of September 2020. Cronje has an extensive career in the cryptocurrency industry and is closely associated with DeFi. He also holds positions at the smart contract ecosystem Fantom and CryptoBriefing, a resource focused on initial coin offerings (ICOs) and crypto media.
Yearn.finance was established to streamline DeFi investment and activities, such as yield farming, for a broader range of investors. The platform employs various specialized tools to serve as an aggregator for DeFi protocols like Curve, Compound, and Aave, offering the highest possible yield to those who stake cryptocurrencies. New features are continuously introduced with the aim, among other goals, of preserving the platform's long-term value. Yearn.finance generates revenue through withdrawal fees, which were 0.5% as of the end of September 2020, and a 5% gas subsidization fee. Owing to its governance model, these fees can technically be adjusted by consensus at any time. The target demographic for yearn.finance includes investors who lack the time to independently navigate the increasingly complex DeFi landscape or who wish to optimize their returns.
The in-house token of Yearn.finance, YFI, has a fixed supply of 30,000 coins. Upon its launch in July 2020, there was no premine, and developers did not receive any initial funds; the total supply at launch was 0 YFI. Since then, the majority of the capped supply has entered circulation, with the token's success highlighted by its all-time high price of $41,000 in mid-September 2020. Notably, YFI was the first cryptocurrency to surpass Bitcoin (BTC) in value per unit. Users of Yearn.finance earn YFI by providing liquidity, and token holdings confer governance privileges. For more detailed information, refer to YFI on Eulerpool.
Users of yearn.finance may encounter a significant risk of financial loss due to rapidly changing market conditions and opportunistic entities seeking to exploit less-experienced participants. Andre Cronje has made efforts to uphold transparency regarding the platform's origins, emphasizing that even after code audits, yearn.finance cannot be guaranteed to be completely secure, as decentralized finance inherently involves risk.
YFI is a freely tradable token, available with trading pairs for cryptocurrencies, stablecoins, and fiat currencies. Major exchanges offering YFI trading include Binance, OKEx, and Huobi Global, along with the automated market maker (AMM) platform Uniswap. Are you new to cryptocurrency and interested in learning how to buy Bitcoin (BTC) or any other token? Discover the details on Eulerpool.
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