Total Value Locked$110.28m
TVL by Chain
Ethereum$110.28m
Key Metrics
Fees 30d-$135,606
Fees 30d by chain
Ethereum$261,414
Fees 7d-$17,891
Ethereum$91,933
Fees 24h$71,490
Ethereum$71,490
Cumulative Fees$27.56m
Ethereum$70.78m
Revenue 30d$3,603
Revenue 30d by chain
Ethereum$3,603
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$3.9m
Ethereum$3.9m
Holders Revenue 30d$3,603
Holders Revenue 30d by chain
Ethereum$3,603
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$3.9m
Ethereum$3.9m
Incentives 1y$10.65m
Incentives 30d$316,281
Incentives 7d$57,058
Incentives 24h$476
Cumulative Incentives$12.11m
Earnings (Annualized)-$6.36m
Earnings 30d-$312,678
Earnings 7d-$57,058
Earnings 24h-$476
Cumulative Earnings-$8.21m
DEX Volume 30d$4.58m
DEX Volume 30d by chain
Ethereum$4.58m
DEX Volume 7d$2.71m
Ethereum$2.71m
DEX Volume 24h$2.23m
Ethereum$2.23m
Cumulative DEX Volume$761.63m
Ethereum$761.63m
Market Cap$16.73m
$YB Price$0.059
Fully Diluted Valuation$44.86m
Outstanding FDV$36.76m
$YB Volume 24h$3.12m
CEX Volume$2.33m
DEX Volume$1.57m(50.2% of total)
Total Raised$10m
Feb 18, 2025$5mRound:
Oct 1, 2025$5mRound: Public token sale
Protocol Information
YieldBasis is an on-chain liquidity protocol solving Impermanent Loss problem in AMM pools. It turns crypto into productive assets starting from Bitcoin. Using Yield Basis, LPs have a direct spot exposure to an asset and earn organic yield with significantly improved risk/reward profile (compared to conventional AMMs).
Latest from DefiLlama Research
Methodology
TVL: Tvl is the value of LP tokens in curve pools minus the value of borrowed crvUSD tokensView code on GitHubFees: Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)View code on GitHubRevenue: Admin fees distributed to veYB holders via FeeDistributorView code on GitHubHolders Revenue: Admin fees funded to FeeDistributor epochs for veYB holdersView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked13
Average Supply APY64.26%
Competitors
Yield Basis history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 25, 2025 to Oct 30, 2026.
All-time high TVL: $247.3m on Jan 15, 2026. All-time low TVL: $3.03m on Sep 28, 2025.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $136.84m |
| Oct 2, 2026 | $137.67m |
| Oct 3, 2026 | $137.1m |
| Oct 4, 2026 | $136.94m |
| Oct 5, 2026 | $137.73m |
| Oct 6, 2026 | $137.02m |
| Oct 7, 2026 | $137.21m |
| Oct 8, 2026 | $132.07m |
| Oct 9, 2026 | $129.72m |
| Oct 10, 2026 | $130.87m |
| Oct 11, 2026 | $131.37m |
| Oct 12, 2026 | $132.57m |
| Oct 13, 2026 | $129.36m |
| Oct 14, 2026 | $131.49m |
| Oct 15, 2026 | $128.72m |
| Oct 16, 2026 | $129.68m |
| Oct 17, 2026 | $128.76m |
| Oct 18, 2026 | $122.71m |
| Oct 19, 2026 | $123.48m |
| Oct 20, 2026 | $122.67m |
| Oct 21, 2026 | $124.38m |
| Oct 22, 2026 | $124.13m |
| Oct 23, 2026 | $119.85m |
| Oct 24, 2026 | $118.07m |
| Oct 25, 2026 | $115.38m |
| Oct 26, 2026 | $114.32m |
| Oct 27, 2026 | $113.56m |
| Oct 28, 2026 | $114.5m |
| Oct 29, 2026 | $114.72m |
| Oct 30, 2026 | $110.28m |
TVL at each month end, Sep 2025 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $3.16m |
| Oct 31, 2025 | $150.94m |
| Nov 30, 2025 | $143.65m |
| Dec 31, 2025 | $204.65m |
| Jan 31, 2026 | $213.91m |
| Feb 28, 2026 | $142.69m |
| Mar 31, 2026 | $152.3m |
| Apr 30, 2026 | $160m |
| May 31, 2026 | $138.24m |
| Jun 30, 2026 | $111.85m |
| Jul 31, 2026 | $133.71m |
| Aug 31, 2026 | $154.53m |
| Sep 30, 2026 | $136.36m |
| Oct 30, 2026 (latest) | $110.28m |
Fees, revenue and holders revenue by UTC calendar month, Sep 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Sep 2025 | $183 | $0 | $0 |
| Oct 2025 | $6.67m | $0 | $0 |
| Nov 2025 | $10.73m | $0 | $0 |
| Dec 2025 | $3.56m | $1.9m | $1.9m |
| Jan 2026 | $919,768 | $258,120 | $258,120 |
| Feb 2026 | $7.08m | $1.35m | $1.35m |
| Mar 2026 | -$2.58m | $197,270 | $197,270 |
| Apr 2026 | -$53,261 | $12,530 | $12,530 |
| May 2026 | $69,585 | $12,008 | $12,008 |
| Jun 2026 | $899,625 | $118,695 | $118,695 |
| Jul 2026 | $362,811 | $48,706 | $48,706 |
| Aug 2026 | $146,568 | $464 | $464 |
| Sep 2026 | -$103,554 | $3,880 | $3,880 |
| Oct 2026 (to date) | -$139,991 | $3,603 | $3,603 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/yield-basis
Frequently asked questions
What is Yield Basis' TVL?
As of Oct 30, 2026, Yield Basis has $110.28m in total value locked. TVL has decreased 19.1% over the past 30 days.
What chains does Yield Basis operate on?
Yield Basis operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Yield Basis generated in fees and revenue?
Over the past 30 days, Yield Basis generated -$135,606 in fees. Of that, $3,603 was protocol revenue. Based on the trailing year, the annualized rate is $19.05m in fees and $4.29m in revenue.
What is the YB token price and valuation?
YB is currently trading at $0.059. Its circulating market capitalization is $16.56m, ranking it #1,186. Its fully diluted valuation is $44.39m. Supply currently stands at 282.59m circulating, 757.61m total supply, 1b maximum supply.
How has YB performed recently?
YB is down 7% over the past 7 days and down 33.4% over the past 30 days. Its all-time high is $0.82, reached on Oct 15, 2025. The token is currently 92.8% below that level.
How does Yield Basis' TVL compare to similar protocols?
Among Leveraged Farming protocols tracked by DefiLlama, Yield Basis ranks #1 by TVL. The category holds $251.39m across 39 protocols, and Yield Basis accounts for 43.9% of that total. Similar protocols include Origami Finance, 3F, AirPuff, Loop, Arcadia V1, VII Finance, Zenith, Yieldoor, Archimedes Finance, and Marginal.
How much trading volume does Yield Basis process?
Yield Basis processed $4.58m in DEX volume over the past 30 days.

