Yearn (YFI) Price
YFI RANK #258The price of yearn.finance (YFI) is calculated in real-time by aggregating the latest data across 70 exchanges and 84 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. 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. It started out as a passion project by Andre Cronje to automate the process of switching capital between lending platforms in search of the best yield offered, as the lending yield is a floating rate rather than fixed rate. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols.
