The live Yearn.finance price today is $5,134** per YFI, with a market capitalization of **$172.52 million. The current trading volume over the last 24 hours stands at $7.91. The YFI to USD price is updated in real-time to reflect the latest market movements. Over the past day, YFI has decreased by -2.15%, while it shows a positive trend of +1.32% over the past week. The circulating supply is currently 33,809.333 YFI.
YFI Price Performance Overview
Yearn.finance (YFI) is a prominent decentralized finance (DeFi) token that powers the Yearn.finance ecosystem. It is primarily used for governance and staking within the platform’s yield-aggregation protocols.
Tracking its price performance helps investors and enthusiasts understand market sentiment, trading patterns, and potential investment opportunities in the DeFi sector.
Real-Time YFI Price Data
- Current Price: $5,134
- Market Cap: $172.52M
- 24h Trading Volume: $7.91
- Circulating Supply: 33,809.333 YFI
These metrics are essential for evaluating the token’s liquidity, market size, and real-time valuation compared to other cryptocurrencies.
Historical YFI Price Changes
Analyzing historical data provides context for short-term and long-term price trends. Here’s a summary of YFI’s recent performance:
| Time Period | Price Change | Percentage Change |
|---|---|---|
| Past 7 Days | +$67 | +1.32% |
| Past 30 Days | -$120 | -2.28% |
| Past 60 Days | -$106 | -2.02% |
| Past 90 Days | +$342 | +7.13% |
| Past 1 Year | -$1,073 | -17.28% |
This data indicates mixed performance, with gains in the medium-term (90 days) overshadowed by a longer-term downward trend over one year. Such volatility is common in the cryptocurrency markets, especially among DeFi assets.
How to Buy Yearn.finance (YFI) Tokens
Purchasing YFI tokens is straightforward on major cryptocurrency exchanges. You can buy YFI using fiat currencies like the US Dollar (USD) or Euro (EUR), or trade it against other cryptocurrencies such as Bitcoin (BTC) or Ethereum (ETH).
Most platforms require you to create an account, complete identity verification, deposit funds, and execute a buy order for YFI.
👉 Explore secure trading platforms to buy YFI
Always remember to store your purchased tokens securely, preferably in a non-custodial hardware or software wallet, rather than leaving them on an exchange.
Understanding Yearn.finance and Its Market Position
Yearn.finance is a suite of DeFi products designed to help users maximize their earnings from yield farming. The YFI token is central to its ecosystem, allowing holders to participate in governance decisions and share in the platform’s fees.
Its price is influenced by factors such as:
- Overall cryptocurrency market trends
- Developments and upgrades within the Yearn.finance protocol
- Changes in Total Value Locked (TVL) in Yearn’s vaults
- Broader adoption of DeFi services
Frequently Asked Questions
What is Yearn.finance (YFI)?
Yearn.finance is a decentralized platform that automates yield farming strategies across various DeFi protocols. The YFI token is its native governance asset, giving holders voting rights on proposals and a share in system revenues.
How can I track the YFI price in real-time?
You can track the live YFI price using cryptocurrency market data websites, exchange apps, or portfolio trackers. These platforms provide updated prices, charts, historical data, and technical indicators for informed analysis.
Why does the YFI price fluctuate so much?
Like most cryptocurrencies, YFI is subject to high volatility due to market speculation, changes in supply and demand, broader economic conditions, and developments within the DeFi sector. Its relatively lower liquidity compared to major tokens can also amplify price swings.
Is YFI a good long-term investment?
The potential of YFI as an investment depends on your risk tolerance, belief in the future of decentralized finance, and the continued innovation of the Yearn.finance platform. Always conduct thorough research and consider market risks before investing.
Can I convert YFI to fiat currency like USD?
Yes, you can convert YFI back to fiat currency on most major exchanges that support it. The process typically involves selling YFI for a stablecoin like USDT or directly to your local currency, followed by a withdrawal to your bank account.
What is the best way to store YFI tokens?
For maximum security, store YFI in a wallet where you control the private keys. This includes hardware wallets (e.g., Ledger, Trezor) or reputable software wallets. Avoid keeping large amounts on exchanges for extended periods.