Yearnfinance Profile

YFI
 Crypto
  

USD 6,922  50.92  0.73%   

Market Performance
5 of 100
Odds Of Distress
Less than 46
Yearnfinance is trading at 6922.49 as of the 7th of December 2022, a -0.73 percent down since the beginning of the trading day. Yearnfinance has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Cryptocurrency ratings for yearnfinance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of June 2021 and ending today, the 7th of December 2022. Click here to learn more.
yearn.finance is peer-to-peer digital currency powered by the Blockchain technology. More on yearnfinance
yearnfinance is an online market maker for p-to-p digital money denominated as Cryptocurrency. yearnfinance has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as yearnfinance are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as yearnfinance are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Yearnfinance Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Yearnfinance's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Yearnfinance or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
yearnfinance generated a negative expected return over the last 90 days
yearnfinance has high historical volatility and very poor performance
yearn.finance is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 26 exchanges in multiple currencies. Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.Core Products:Vaults:Capital pools that automatically generate yield based on opportunities present in the market. Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise.Earn:The first Yearn product was a lending aggregator. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols. Users can deposit to these lending aggregator smart contracts via the Earn page.Zap:A tool that enables users to swap into and out of (known as "Zapping") several liquidity pools available on Curve.Finance. These pools benefit from the lending aggregators discussed above, as well as earning users trading fees by partcipating as Liquidity Providers (LPs) on Curve.Fi. Currently users can use five stablecoins (BUSD, DAI, USDC, USDT, TUSD) and "Zap" into one of two pools (y.curve.fi or busd.curve.f) on Curve. Alternatively, users can "Zap" out of these two Curve pools and into one of the five base stablecoins.Cover:Insurance that enables users to obtain coverage against financial loss for various smart contracts and/or protcols on the Ethereum blockchain. Cover is underwritten by Nexus Mutual.Governance:The Yearn ecosystem is controlled by YFI token holders who submit and vote on off-chain proposals that govern the ecosystem. Proposals that generate a majority support (>50% of the vote) are implemented by a 9 member multi-signature wallet. Changes must be signed by 6 out of the 9 wallet signers in order to be implemented. The members of the multi-signature wallet were voted in by YFI holders and are subject to change from future governance votes.
Coin Typeyearn.finance
IndustryFinancial and Insurance Activities
FINMAUtility
FCAUtility
AccessPermissioned
Collateralized AssetNo
SymbolYFI
RatingC+
Technology Adoption RatingB-
NameYFI
Sponsoredfalse
Built OnETH
Decimal Points18.0
Is Tradingtrue
Asset Launch Date2020-07-17
Full Nameyearn.finance (YFI)
Asset Website Urlhttps://yearn.finance/
Platform Typetoken
Coin Nameyearn.finance
Total Coins Mined36,666
Smart Contract AddressView
Yearnfinance (YFI) is traded on CRYPTO Exchanges. yearn.finance is peer-to-peer digital currency powered by the Blockchain technology.

Yearnfinance's Exchanges and Markets

EXX CoinJar Bitstamp ZBG Coinbase Kraken Switcheo Poloniex BitMart Binance Korbit DigiFinex CoinBene Bitkub Gemini Bithumb LBank HitBTC Bitfinex Yobit ZB Kucoin Exmo Bibox Bitso CoinEx

Yearnfinance Target Price Odds Analysis

What are Yearnfinance's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Yearnfinance jumping above the current price in 90 days from now is about 75.73%. The yearnfinance probability density function shows the probability of Yearnfinance crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon yearnfinance has a beta of -0.5918. This entails as returns on benchmark increase, returns on holding Yearnfinance are expected to decrease at a much lower rate. During the bear market, however, yearnfinance is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. yearnfinance is significantly underperforming NYSE Composite.
  Odds Below 6922.49HorizonTargetOdds Above 6922.49
24.18%90 days
 6,922 
75.73%
Based on a normal probability distribution, the odds of Yearnfinance to move above the current price in 90 days from now is about 75.73 (This yearnfinance probability density function shows the probability of Yearnfinance Crypto Coin to fall within a particular range of prices over 90 days) .

yearnfinance Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Yearnfinance market risk premium is the additional return an investor will receive from holding Yearnfinance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Yearnfinance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Yearnfinance's alpha and beta are two of the key measurements used to evaluate Yearnfinance's performance over the market, the standard measures of volatility play an important role as well.

yearnfinance Technical Analysis

When it comes to investing in cryptocurrency, such as yearnfinance, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Yearnfinance, which is currently traded at 6922.49, shows everything you need to know about yearnfinance market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Yearnfinance, to determine its price movements. However, the Yearnfinance's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Yearnfinance's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Yearnfinance's future price trend
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. yearnfinance Price Movement is a mathematical transformation function to describe exponentially increasing price patterns.
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Yearnfinance Against Markets

Picking the right benchmark for Yearnfinance crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Yearnfinance crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Yearnfinance is critical whether you are bullish or bearish towards yearnfinance at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Yearnfinance without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in yearnfinance

You need to understand the risk of getting into digital currencies such as YFI before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Yearnfinance in four ways:

Buy YFI through an exchange

Get yourself a crypto wallet before embarking on your yearnfinance journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase yearnfinance. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Yearnfinance through an exchange

You don't have to buy a full token when starting out since YFI is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade yearnfinance through a broker

If you don't want to store your Yearnfinance Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in YFI through an exchange-traded fund (ETF)

You can also invest in YFI through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Yearnfinance in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Your Current Watchlist. Note that the yearnfinance information on this page should be used as a complementary analysis to other Yearnfinance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Tools for Yearnfinance Crypto Coin

When running yearnfinance price analysis, check to measure Yearnfinance's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Yearnfinance is operating at the current time. Most of Yearnfinance's value examination focuses on studying past and present price actions to predict the probability of Yearnfinance's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Yearnfinance's coin price. Additionally, you may evaluate how adding Yearnfinance to your portfolios can decrease your overall portfolio volatility.
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