Gate News, April 3, according to Gate market data, as of the time of publication, YB (Yield Basis) is trading at $0.1398. It has risen 40.20% over the past 24 hours, reaching a high of $0.1486 and falling to a low of $0.09923. The total trading volume over the past 24 hours was $1.2116 million. The current market cap is approximately $12.2908 million.
Yield Basis is a DeFi protocol. It uses leveraged liquidity and Curve’s crvUSD to enhance the returns of BTC and ETH holders, while also aiming to eliminate impermanent loss. The protocol’s total value locked (TVL) is currently $170.44 million, supporting multiple markets including cbBTC, tBTC, WBTC, and WETH. Among them, the cbBTC market has the highest yield rate, at 9.01%.
This news is not investment advice; investing involves risks, including market volatility.