Table of Contents:
- Coin prognosis
- What is yearn.finance coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy YFI
Possible bearish downtrend on yearn.finance Downside
yearn.finance's price has performed poorly over the past weeks. Buying YFI at this time may lead to loss of capital.
YFI Price | $8985.7500 USD |
Price Change 24hours | $-133.4200 USD (-1.46%) |
24h Low / 24h High | $8731.1300 / $9656.1900 USD |
Trading Volume 24hours | $1,336 USD |
Market Cap | $329,471,520 USD |
What is yearn.finance? Fundamental Analysis
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.Core Products:Vaults:Capital pools that automatically generate yield based on opportunities present in the market. Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise.Earn:The first Yearn product was a lending aggregator. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols. Users can deposit to these lending aggregator smart contracts via the Earn page.Zap:A tool that enables users to swap into and out of (known as "Zapping") several liquidity pools available on Curve.Finance. These pools benefit from the lending aggregators discussed above, as well as earning users trading fees by partcipating as Liquidity Providers (LPs) on Curve.Fi. Currently users can use five stablecoins (BUSD, DAI, USDC, USDT, TUSD) and "Zap" into one of two pools (y.curve.fi or busd.curve.f) on Curve. Alternatively, users can "Zap" out of these two Curve pools and into one of the five base stablecoins.Cover:Insurance that enables users to obtain coverage against financial loss for various smart contracts and/or protcols on the Ethereum blockchain. Cover is underwritten by Nexus Mutual.Governance:The Yearn ecosystem is controlled by YFI token holders who submit and vote on off-chain proposals that govern the ecosystem. Proposals that generate a majority support (>50% of the vote) are implemented by a 9 member multi-signature wallet. Changes must be signed by 6 out of the 9 wallet signers in order to be implemented. The members of the multi-signature wallet were voted in by YFI holders and are subject to change from future governance votes.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Mar 24, 2023 | $9656.1900 | Neutral |
April, 2023 | $ 11,278 USD | Upside |
May, 2023 | $ 10,876 USD | Upside |
June, 2023 | $ 11,772 USD | Upside |
September, 2023 | $ 9,334 USD | Downside |
March, 2024 | $ 18,507 USD | Upside |
YFI Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
What will be the highest price of yearn.finance (YFI) in future? | Our analysis shows a possible all time high of $18506.7048 USD |
Will yearn.finance (YFI) price increase in future? | Our prognosis shows yearn.finance (YFI) will increase exponentially in future, attaining a possible coin price of $18506.7048 USD |
Will an Investment in yearn.finance (YFI) be profitable or make a loss? | yearn.finance will be a profitable investment in the next 1 year, giving hodlers a good return. |
What will be the highest price of yearn.finance (YFI) in future? | $18506.7048 USD |
Will the price of yearn.finance (YFI) move downward in future? | Up only |
At the end of the year, what will be the price of 1 yearn.finance? | Our algorithms indicates an end of year price of 1 YFI = $18506.7048 USD. |
What is the yearn.finance price prediction for 2025? | By the year 2025, the price of one YFI could be as high as $92533.5240 USD |
yearn.finance price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
Where do I buy yearn.finance? | Purchase YFI coin here → |
Historical Price Data (USD)
Poor volume like YFI could be an indication of short term bearishness.
Date | Price | Volume |
---|---|---|
March 15, 2023 | $9001.41 | $1,207,185 |
March 14, 2023 | $9160.81 | $12,478,618 |
March 13, 2023 | $8272.49 | $15,934,251 |
March 12, 2023 | $7557.5 | $6,851,316 |
March 11, 2023 | $7773.05 | $9,075,551 |
March 10, 2023 | $7483.33 | $14,200,583 |
March 9, 2023 | $8102.31 | $9,750,467 |
March 8, 2023 | $9572.63 | $12,849,315 |
March 7, 2023 | $10068.24 | $5,519,404 |
March 6, 2023 | $10200.24 | $6,978,959 |
March 5, 2023 | $10031.42 | $4,459,475 |
March 4, 2023 | $10516.57 | $5,183,995 |
March 3, 2023 | $10590.47 | $17,483,531 |
March 2, 2023 | $10367.53 | $16,312,751 |
March 1, 2023 | $9094.64 | $18,825,266 |
February 28, 2023 | $9379.65 | $5,733,559 |
February 27, 2023 | $9902.32 | $9,896,889 |
February 26, 2023 | $9425.6 | $10,246,376 |
February 25, 2023 | $8720.44 | $7,841,284 |
February 24, 2023 | $9474.65 | $18,132,049 |
February 23, 2023 | $8498.37 | $17,147,707 |
February 22, 2023 | $8387.95 | $14,980,253 |
February 21, 2023 | $7582.96 | $9,455,918 |
February 20, 2023 | $7414.08 | $3,020,593 |
February 19, 2023 | $7498.02 | $3,523,542 |
February 18, 2023 | $7412.94 | $3,559,271 |
February 17, 2023 | $7154.78 | $3,661,381 |
February 16, 2023 | $7427.33 | $4,538,632 |
February 15, 2023 | $7065.14 | $4,185,393 |
February 14, 2023 | $6785.16 | $3,171,387 |
Steps to buy yearn.finance (YFI) in 2023
- Buy YFI with USD: Purchase YFI with USD on the following exchanges: Coinbase, Gemini, Kraken, Cexio, Bitfinex, OKCoin, ftx, blockchaincom, P2PB2B, .
Alternatively, - Buy Bitcoin directly on Coinbase, Binance or Paypal
- Send the BTC to an Exchange that supports YFI/BTC pair. You can buy YFI with Bitcoin at Kraken, HuobiPro, OKEX, huobikorea, Gateio, CoinEx, oneinch, Coinbase, Kraken, Binance, HuobiPro, ftx, OKEX, Exmo, CoinJar, HitBTC, huobikorea, Coinsbit, bitcoincom, CoinEx, LAToken, P2PB2B, nominex, beldex, .
- Now, Buy yearn.finance with BTC: Below is a detailed breakdown of exchanges that support yearn.finance and their trading.
Exchanges that support YFI/USD Pair
Exchange | Trade Pair | Rating |
---|---|---|
Coinbase | YFI/USD | AA |
Gemini | YFI/USD | AA |
Kraken | YFI/USD | AA |
Cexio | YFI/USD | A |
Bitfinex | YFI/USD | A |
OKCoin | YFI/USD | A |
ftx | YFI/USD | A |
blockchaincom | YFI/USD | BB |
P2PB2B | YFI/USD | D |
Exchanges that trade YFI/BTC Pairs
Exchange | Trade Pair | Rating |
---|---|---|
Coinbase | YFI/BTC | AA |
Kraken | YFI/BTC | AA |
Binance | YFI/BTC | A |
HuobiPro | YFI/BTC | A |
ftx | YFI/BTC | A |
OKEX | YFI/BTC | BB |
Exmo | YFI/BTC | BB |
CoinJar | YFI/BTC | BB |
HitBTC | YFI/BTC | B |
huobikorea | YFI/BTC | B |
Coinsbit | YFI/BTC | B |
bitcoincom | YFI/BTC | B |
CoinEx | YFI/BTC | C |
LAToken | YFI/BTC | C |
P2PB2B | YFI/BTC | D |
nominex | YFI/BTC | - |
beldex | YFI/BTC | - |
Exchanges that allow YFI/BTC trading
Exchange | Trade Pair | Exchange Grade |
---|---|---|
Kraken | YFI/ETH | AA |
HuobiPro | YFI/ETH | A |
OKEX | YFI/ETH | BB |
huobikorea | YFI/ETH | B |
Gateio | YFI/ETH | B |
CoinEx | YFI/ETH | C |
oneinch | YFI/ETH | - |