Yearn Finance
Market Open
9 Jun, 18:43
$
1,890. 80
-45.82
-2.366%
$
75 Volume
$ 1,936.62
Previous Close Want to track YFIUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
YFIUSD Overview
YFIUSD denotes the market price of Yearn Finance (YFI) expressed in United States dollars. It reflects the dollar value required to buy one unit of the YFI token across spot markets and liquidity pools.
Yearn Finance is a decentralized finance protocol and its native ERC-20 governance token, YFI, was introduced in 2020 by developer Andre Cronje and the Yearn community. The token operates on the Ethereum blockchain, is community-governed, and was distributed without an initial pre-mine. YFI has a limited total supply, and governance rights are a primary characteristic of the token’s design.
Movements in the YFIUSD rate are driven by market supply and demand across centralized exchanges, decentralized exchanges and automated market maker pools. Price discovery also incorporates protocol performance, changes to Yearn vault yields, broader crypto market sentiment, Ethereum price dynamics and macroeconomic or regulatory news that alter investor risk appetite.
YFIUSD is used by traders and investors to gain exposure to Yearn’s governance and DeFi utility, to speculate on token value, and as a component in portfolio allocation or hedging strategies. The pair is relevant for assessing the market’s view of Yearn’s prospects.
YFI is typically more volatile than major fiat-paired assets and liquidity can vary by venue, so careful order placement and risk management are common practices.
Yearn Finance is a decentralized finance protocol and its native ERC-20 governance token, YFI, was introduced in 2020 by developer Andre Cronje and the Yearn community. The token operates on the Ethereum blockchain, is community-governed, and was distributed without an initial pre-mine. YFI has a limited total supply, and governance rights are a primary characteristic of the token’s design.
Movements in the YFIUSD rate are driven by market supply and demand across centralized exchanges, decentralized exchanges and automated market maker pools. Price discovery also incorporates protocol performance, changes to Yearn vault yields, broader crypto market sentiment, Ethereum price dynamics and macroeconomic or regulatory news that alter investor risk appetite.
YFIUSD is used by traders and investors to gain exposure to Yearn’s governance and DeFi utility, to speculate on token value, and as a component in portfolio allocation or hedging strategies. The pair is relevant for assessing the market’s view of Yearn’s prospects.
YFI is typically more volatile than major fiat-paired assets and liquidity can vary by venue, so careful order placement and risk management are common practices.
YFIUSD Chart
YFIUSD FAQ
What is the current Yearn Finance price?
The current price is $1,890.800000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -45.82 (-2.366%), showing how much the asset has moved compared to the previous close.
What is the previous close for Yearn Finance?
The previous close was $1,936.620000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-2.366%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($1,847.590000) and highest ($1,970.070000) prices traded during the selected period, helping assess volatility.
Why is Yearn Finance (YFI) moving today?
Price movements in Yearn Finance are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($1,890.800000) is below the previous close ($1,936.620000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Yearn Finance?
You can view real-time charts, price updates, and market data for Yearn Finance (YFI) directly on this page.
