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BIFI (Beefy) rose 11.78% in the last 24 hours.
Gate News Bot news, on December 24, according to CoinMarketCap data, as of the time of writing, BIFI (Beefy) is currently priced at $116.48, with a 24-hour pump of 11.78%, reaching a high of $161.67 and a low of $91.18. The current market capitalization is approximately $9.32 million, an increase of $981,800 compared to yesterday.
Beefy is a cross-chain yield optimizer dedicated to maximizing APY returns for users across 21 blockchains, with a focus on security and efficiency. Users can stake tokens in Beefy's single-asset vaults, where the platform stakes for profit on external lending platforms, automatically using the daily interest earned to purchase more assets and reinvest, achieving automatic compound interest. Currently, the ecosystem has gathered a total locked value of $234 million, deploying 1,025 vaults, covering 21 public chains.
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