What yearn.finance governs
yearn.finance (YFI) is a DeFi protocol governance token, currently ranked 236th by market capitalization among the assets we track. yearn.finance sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.
Yearn.finance (YFI) is a decentralized finance (DeFi) protocol that automates yield farming strategies to optimize returns on cryptocurrency assets. It enables users to earn the highest yield on their investments by utilizing various DeFi platforms.
How value is supposed to accrue
DeFi tokens are worth something when the protocol generates fees and routes value to holders — through revenue share, buybacks, or governance over a real treasury. Without that link, a governance token is just a vote.
YFI is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), DeFi, and Binance Coin (BNB) Token (BEP-20).
Where yearn.finance sits in the market
At $1,621, yearn.finance carries a market capitalization of $54.95M. Around $1.91M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 3.48% of the float — a healthy level of activity for an asset this size.
Almost the entire YFI supply is already in circulation (~100.0% of the 36.7K cap), so future dilution is effectively off the table. YFI remains -98% beneath its all-time high of $91,384, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
The tape currently reads 24-hour -1.45%, 7-day -7.45%, 30-day -12.15%, 1-year -56.89%. YFI is currently trading near the bottom of its 365-day range (around the 1st percentile of recent closes).
Volatility profile
Recent action puts yearn.finance in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -12.15%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like yearn.finance
A grounded read on YFI comes down to three questions:
- Protocol revenue — fees the application actually earns, and whether any of it reaches YFI holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether YFI is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
