Market cap
$34.9K
-0.11 %
Volume (24h)
$36.73
-0.11 %
Circulating supply
97,346 NFY
Total supply
100,000 NFY
Non-Fungible Yearn (NFY)
$ 0.36
-0.11 %
Main info
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Key data
updated $0Market cap$34.9K
Volume 24h$36.73
Circulating supply97.35K
Non-Fungible Yearn (ticker NFY) is a cryptocurrency project that combines the idea of non-fungible tokens with yield-generating mechanics inspired by the Yearn ecosystem. In simple terms, it aims to wrap yield farming positions into unique, tradeable tokenized assets. Think of it as a way to make a DeFi position itself something you can own and transfer.
Frequently asked questions
What is Non-Fungible Yearn and how is it different from regular tokens?
NFY stands for Non-Fungible Yearn, a project blending NFT technology with DeFi yield strategies. Unlike ordinary fungible tokens, where every unit is identical, NFY tokens represent unique positions, so each one carries its own history and value. This makes them closer to collectibles tied to financial products than to plain currency.
How does the technology behind NFY work?
NFY is built on Ethereum-compatible infrastructure, using smart contracts to tokenize yield positions as non-fungible assets. The contracts track each position individually rather than pooling everything into identical shares. This means ownership, transfers, and accrued value are recorded on-chain per token.
How is the supply of NFY issued?
Like many DeFi-era projects, NFY launched with a fixed maximum supply defined in its token contract, distributed through early sales, liquidity incentives, and community allocations. There is no ongoing inflationary mining beyond what was set at launch. Always check the token contract or official documentation for the exact distribution breakdown.
How can I store and use NFY tokens?
Since NFY is an Ethereum-based token, any wallet that supports ERC-standard assets works — MetaMask, Trust Wallet, or a hardware wallet like Ledger. You hold the private keys, and the tokens live at your address on-chain. You can send them, trade them on decentralized exchanges, or hold them as part of a DeFi portfolio.