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You are here: Home / Archives for YFI

YFI

dYdX Deploys $13.5 Million Insurance Fund After $38 Million Liquidation Event

November 20, 2023 by Arslan Tabish

In response to a targeted assault that negatively impacted user positions valued at $9 million, dYdX, a leading decentralized exchange, swiftly mobilized its v3 insurance fund. Founder Antonio Juliano labeled this incident a purposeful strike against the platform, signaling a prompt reaction to mitigate its effects. On November 17, the cryptocurrency market witnessed significant fluctuations, […]

Filed Under: News Tagged With: Cryptocurrency, DYDX, Yearn.Finance, YFI

Yearn Finance (VFI) Plummets 43% in Hours, Wiping Out Recent Gains Amid Market Uncertainty

November 18, 2023 by Arslan Tabish

In a staggering turn of events, Yearn Finance’s (YFI) price witnessed a major setback after surging 167% recently, as it plunged 43% within five hours. This steep decline wiped out almost five days of rapid gains, bringing the token’s value down from a high of $15,591 to $8,421, resulting in a loss of over $250 […]

Filed Under: News Tagged With: Bitcoin, Cryptocurrency, DeFi, ETF, Yearn.Finance, YFI

Yearn Finance TVL across all products hits new record of $5 billion

June 17, 2021 by Chayanika Deka

Despite millions being shaved off, the DeFi realm has been slowly rallying up. Yearn Finance, for one, was found to be getting back on track rather quickly. In the latest development, the total value locked across all Yearn products has exceeded $5 billion. In the last month alone, the DeFi protocol raked in $1 billion. […]

Filed Under: DeFi, News Tagged With: DeFi, Yearn.Finance, YFI

Yearn Finance [YFI] Undergoes V-shaped Recovery After Hitting Local Bottom

May 26, 2021 by Chayanika Deka

After suffering heavy losses during the market-wide collapse, Yearn Finance [YFI] has regained the momentum that helped it breach a crucial resistance level. However, the defi token was still down by more than 33% over the last 24-hours. The whales had aggressively bought during the dip, which pushed the prices of the coins higher. Despite […]

Filed Under: DeFi, News Tagged With: Yearn.Finance, YFI

Yearn.finance TVL smashes past $4B TVL while YFI token hits above $80k

May 12, 2021 by Chayanika Deka

Yearn.finance and its native token YFI has broken many records this quarter, and there is no stopping it. Thanks to Ethereum’s meteoric rise, decentralized finance [deFi] protocols, and their native tokens have been on a surge lately. The digital asset management platform, Yearn.finance has recorded yet another milestone as collateral locked in it surged to […]

Filed Under: DeFi, News Tagged With: DeFi, Yearn.Finance, YFI

Has Yearn Finance [YFI] topped out?

November 9, 2020 by Chayanika Deka

Over the last week, a recent relief rally managed to catapult 35.82% of the gains for the decentralized finance [DeFi] project, the YFI token of Yearn Finance. But the much-needed bullish sentiment might be cut short. According to the latest developments, YFI’s fourth-largest transaction since late August.   This was revealed by the crypto analytic […]

Filed Under: DeFi, News Tagged With: Yearn.Finance, YFI

Yearn.Finance’s YFI Posts a Big Turn Around After Losing Steam

October 11, 2020 by Chayanika Deka

This year, Yearn.finance has launched its own governance token, YFI, which has grown at an astonishing rate to its $43K peak. Its success has spawned multiple forks, such as DFI.money and YFValue.The token has dominated headlines in the past couple of months. However, since these recent ATHs, both the project’s TVL [total value locked] and […]

Filed Under: DeFi, News Tagged With: Ethereum (ETH), Yearn.Finance, YFI

Yearn.Finance’s YFI Rushes Towards ATH After Founder Hints at Major Update

September 27, 2020 by Reena Shaw

Yearn.Finance has taken the world of DeFi by storm. Officially introduced in July 2020, the DeFi protocol has $813.25 million in total value locked. Over the past four-days, its native token, YFI underwent a significant of nearly 70% despite a price stagnation in the overall cryptocurrency market. At the time of writing, YFI was priced […]

Filed Under: Altcoin News, News Tagged With: Andre Cronje, DeFi, Yearn.Finance, YFI

Binance Futures Launches YFI/USDT Perpetual Contract as DeFi Demand Surges

August 31, 2020 by Reena Shaw

DeFi (Decentralized finance) is currently one of the hottest corners of the crypto industry this year and, as a result of the boom, many project tokens have shown incredible price surges. One of the prominent tokens is Yearn. Finance ‘s native YFI, which has gained significant traction over the last few weeks. DeFi, the big […]

Filed Under: Altcoin News, News Tagged With: Binance, binance futures, Binance news, DeFi, DeFi news, USDT, Yearn.Finance, YFI

What is Yearn.Finance Token and Why is it Worth Over $30,000 Right Now?

August 30, 2020 by Utkarsh Gupta

Step aside Bitcoin, there is a higher valued crypto-asset in town at the moment!  Yearn.Finance, a governance token that was created to power the decentralized finance protocol yEarn is worth over $30,000 at press time. Clocking in at $32,300 at the moment, the asset’s valuation has risen by 139% over the past week, and close […]

Filed Under: News Tagged With: DeFi, Yearn.Finance, YFI

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