YFI has been on the up for a few weeks now and has now topped $ 27,000.
Lately long. Finance (YFI) has grown from a relatively unknown credit aggregator to a DeFi powerhouse that is at the center of the hottest trend in the crypto industry today.
At the time of this writing, annual funding was approximately $ 28,729 with a daily trading volume of approximately $ 616.6 million and a market capitalization of over $ 865 million.
The YFI price has increased 56.8% in the past 24 hours. It has a circulation supply of 30,000 crypto coins and a maximum supply of 30,000 coins.
YFI has been on the up for a few weeks now and has now topped $ 27,000. The recent addition of Yearn.finance to Aave is giving the pool a huge boost.

What You Need To Know: There are several protocols that provide rate of return (return) on the capital you loan. These yields vary from one protocol to the next. YFI automates and optimizes lending so that you can get the maximum value of your capital without examining every log.
The token is used by Yearn.finance as a tool to generate income from stable coin deposits such as Tether.
These returns have become so attractive to investors that hundreds of millions have been carried over into the Yearn.finance protocol.
This increase in deposits resulted in an increase in the value of YFI that is representative of the value of the Yearn.finance ecosystem.
The advantage of Yearn Finance over Bitcoin: With an offer of only 30,000 tokens, which makes it scarcer than even Bitcoin, $ YFI is the hardest money the world has ever known.
