Yearn.finance (YFI) is a decentralized finance (DeFi) token known for its innovative yield optimization strategies. Its real-time price, market movements, and supply metrics are essential for investors and enthusiasts tracking the DeFi space.
Real-Time YFI Price Overview
As of the latest data, the live yearn.finance price is $5,115.04 USD**, with a 24-hour trading volume of **$49,843. Over the past day, YFI has experienced a price change of -2.91%, while its value has increased by +1.44% over the past week. The current circulating supply stands at 33,809 YFI, contributing to a market capitalization of approximately $172.97 million USD. YFI currently holds the #148 rank in terms of market cap among cryptocurrencies.
Key Market Metrics
- 24h Low / High: $5,087.84 / $5,285.44
- All-Time High (ATH): $93,435.53
- Price Change vs. ATH: -94.53%
- All-Time Low (ATL): $739.43
- Price Change vs. ATL: +591.61%
Yearn.finance (YFI) Performance Trends
Tracking price trends across different timeframes helps investors understand market sentiment and potential future movements.
| Time Period | Price Change | Percentage Change |
|---|---|---|
| Today | -$147.24 | -2.80% |
| Last 7 Days | +$94.04 | +1.87% |
| Last 30 Days | -$184.84 | -3.48% |
| Last 3 Months | -$497.72 | -8.86% |
Global YFI Exchange Rates
The value of YFI fluctuates against various global fiat currencies. Below are the latest conversions for one YFI token:
- 1 YFI to Euro (EUR): €4,344.13
- 1 YFI to Australian Dollar (AUD): $7,799.31
- 1 YFI to South Korean Won (KRW): ₩6,980,396.61
- 1 YFI to Japanese Yen (JPY): ¥738,315.5
- 1 YFI to British Pound (GBP): £3,743.45
- 1 YFI to Indian Rupee (INR): ₨437,019.53
- 1 YFI to Indonesian Rupiah (IDR): Rp82,815,100.51
- 1 YFI to Canadian Dollar (CAD): $6,952.26
- 1 YFI to Russian Ruble (RUB): ₽403,200.41
Storing Your YFI Tokens
Security is paramount when holding cryptocurrency assets. There are multiple methods for storing YFI securely:
- Exchange Wallets: Many users choose the convenience of holding assets on a reputable exchange, which manages security and private keys.
- Self-Custody Wallets: For enhanced control, software wallets (web, mobile, desktop) allow users to manage their own private keys.
- Hardware Wallets: Considered the gold standard for security, these physical devices store private keys offline, immune to online threats.
- Paper Wallets: An advanced method involving printing or writing down private keys for cold storage, though it requires careful handling to avoid loss or damage.
For those looking to actively manage or trade their holdings, using a secure platform is crucial. 👉 Explore secure storage and trading options.
Frequently Asked Questions
What determines the price of yearn.finance (YFI)?
The price of YFI is primarily driven by market supply and demand dynamics. Factors include overall sentiment in the DeFi sector, the performance of the Yearn.finance ecosystem and its vault strategies, broader cryptocurrency market trends, and trading volume on major exchanges.
What was the highest price ever for yearn.finance (YFI)?
Yearn.finance (YFI) reached its all-time high price of $93,435.53. The current price is significantly lower, representing a decrease of approximately 94.53% from that peak.
What was the lowest price ever for yearn.finance (YFI)?
The historical low for YFI was $739.43. Compared to this price, the current value represents a substantial increase of over 591.61%.
What is the circulating supply of YFI?
The current circulating supply of YFI is 33,809 tokens. The protocol has a maximum supply cap of 36,666 tokens, meaning there is a limited number of tokens that will ever exist.
How is the market capitalization of YFI calculated?
Market capitalization, or market cap, is a measure of the total value of all circulating YFI tokens. It is calculated by multiplying the current circulating supply by the latest market price of a single YFI token. This figure provides a snapshot of the asset's overall market size and value.
How can I convert yearn.finance (YFI) to cash?
Converting YFI to cash typically involves a few steps. First, you need to sell your YFI tokens for a stablecoin like USDT or a fiat currency like USD on a cryptocurrency exchange. Once the sale is complete, you can then withdraw the fiat currency to your linked bank account. The entire process depends on the supported withdrawal methods and compliance procedures of the exchange you are using.