Ask about Yield Basis · freeTotal Value Locked$124.13m
TVL by Chain
Ethereum$124.13m
Key Metrics
Fees 30d-$87,372
Fees 30d by chain
Ethereum$211,943
Fees 7d-$1,947
Ethereum$46,543
Fees 24h$29,377
Ethereum$29,377
Cumulative Fees$27.62m
Ethereum$70.69m
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$11.38m
Incentives 30d$344,318
Incentives 7d$58,509
Incentives 24h$1,506
Cumulative Incentives$12.03m
Earnings (Annualized)-$6.99m
Earnings 30d-$340,715
Earnings 7d-$58,509
Earnings 24h-$1,506
Cumulative Earnings-$8.13m
DEX Volume 30d$2.23m
DEX Volume 30d by chain
Ethereum$2.23m
DEX Volume 7d$689,699
Ethereum$689,699
DEX Volume 24h$183,637
Ethereum$183,637
Cumulative DEX Volume$758.87m
Ethereum$758.87m
Market Cap$18.12m
$YB Price$0.066
Fully Diluted Valuation$49.85m
Outstanding FDV$40.65m
$YB Volume 24h$1.73m
CEX Volume$1.12m
DEX Volume$652,437(37.81% 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).
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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 Tracked15
Average Supply APY5.3%
Competitors
Yield Basis history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 25, 2025 to Oct 22, 2026.
All-time high TVL: $247.3m on Jan 15, 2026. All-time low TVL: $3.03m on Sep 28, 2025.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $139.56m |
| Sep 24, 2026 | $137.35m |
| Sep 25, 2026 | $137.51m |
| Sep 26, 2026 | $137m |
| Sep 27, 2026 | $137.34m |
| Sep 28, 2026 | $137.13m |
| Sep 29, 2026 | $136.6m |
| Sep 30, 2026 | $136.36m |
| 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 |
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 22, 2026 (latest) | $124.13m |
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) | -$83,279 | $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 22, 2026, Yield Basis has $124.13m in total value locked. TVL has decreased 11.3% 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 -$87,372 in fees. Of that, $3,603 was protocol revenue. Based on the trailing year, the annualized rate is $18.16m in fees and $4.39m in revenue.
What is the YB token price and valuation?
YB is currently trading at $0.066. Its circulating market capitalization is $18.12m, ranking it #1,130. Its fully diluted valuation is $49.85m. Supply currently stands at 274.95m circulating, 756.43m total supply, 1b maximum supply.
How has YB performed recently?
YB is down 8.8% over the past 7 days and down 25.2% over the past 30 days. Its all-time high is $0.82, reached on Oct 15, 2025. The token is currently 91.9% 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 $282.61m 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 $2.23m in DEX volume over the past 30 days.