Market cap
$86.58M
0.08 %
Volume (24h)
$1.39M
0.08 %
Circulating supply
33,905 YFI
Total supply
36,646 YFI
Max. supply
36,666 YFI
yearn.finance (YFI)
$ 2,414.31
0.08 %
Main info
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Key data
updated $0Market cap$86.58M
Volume 24h$1.39M
Circulating supply33.91K92% of max 36.67K
All-time high$90,787-97% from peak · 2021-05-11
yearn.finance (YFI) is a DeFi protocol that works like a self-driving savings account: you deposit crypto into its vaults, and smart contracts automatically move it between lending platforms to capture the best available yield. YFI is the governance token of this system — holding it gives you voting power over how the protocol is run. It lives on Ethereum as an ERC-20 token, with a hard cap of just 36,666 coins.
Frequently asked questions
What is YFI, and how is it different from Bitcoin?
YFI isn't designed as digital money — it's the governance token of the yearn.finance platform, so its core job is giving holders votes on protocol decisions. While Bitcoin aims to be a decentralized currency, yearn.finance is a set of automated yield tools, and YFI is the steering wheel. Its supply is also capped at just 36,666 tokens, far fewer than almost any major coin.
How does yearn.finance actually work?
It's a suite of Ethereum smart contracts. Users deposit assets into 'vaults,' and coded strategies automatically route those funds to whichever DeFi platform pays the best return, harvesting profits and compounding them back in. YFI itself doesn't run its own blockchain — it's an ERC-20 token secured by Ethereum's network.
How is YFI issued? Can new coins still be created?
No — the supply is hard-capped at 36,666 YFI, and all of it was minted at launch through a 'fair launch': tokens went to early platform users, with no premine, no founder allocation, and no investor sale. Nothing new will ever be created. That fixed scarcity is one of YFI's defining features.
How do I store and use YFI?
As a standard ERC-20 token, YFI fits in any Ethereum-compatible wallet — MetaMask or Trust Wallet for everyday use, or a hardware wallet like Ledger or Trezor for safer long-term storage. Keep a little ETH in the same wallet, since network fees on Ethereum are paid in ETH. The main on-chain use is governance: YFI holders vote on proposals that shape the protocol.