YB (YieldBasis) rose 18.51% in the past 24 hours, with a market capitalization of approximately $17.4 million.

GateNewsBot

2026-02-12 02:14:26

YB-2%

WBTC-1,08%

Gate News Bot Report, February 12 — According to CoinMarketCap data, as of press time, YB (YieldBasis) is trading at $0.20, up 18.51% over the past 24 hours. The price reached a high of $0.20 and a low of $0.13. The current market capitalization is approximately $17.4 million, an increase of $2.72 million from yesterday.

YieldBasis is a DeFi platform that derives yields from market volatility. Users can earn returns through trading profits or token rewards, with trading profits generated from market activity and token rewards earned by depositing liquidity to receive YB tokens. The platform currently manages a total value locked (TVL) of $175 million, offering four active markets with a maximum market yield of 43%. Supported assets include mainstream cryptocurrencies such as cbBTC, tBTC, WBTC, and WETH, allowing users to choose different yield strategies based on their needs.

Important recent news about YB:

1️⃣ Strengthening market confidence through founding team background
YieldBasis is led by Michael Egorov, the founder of Curve Finance. His extensive experience and success in the DeFi space add significant trust to the project. This strong team background provides a foundation of confidence for market participants and helps attract institutional and professional investors.

2️⃣ Expansion of exchange liquidity
YieldBasis has been listed on multiple major exchanges. The increase in trading pairs and liquidity ensures easier trading of the token. Broader trading channels boost market participation and positively influence price volatility.

3️⃣ Market demand for DeFi yield products
The platform’s innovative mechanism, which derives yields from market volatility, combined with a market yield of up to 43%, fully meets DeFi users’ demand for diversified yield strategies. The $175 million TVL reflects market recognition of these products and provides fundamental support for the YB token price.

This news is not investment advice. Investors should be aware of market volatility risks.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Is SWIFT Putting XRP On? Lunch Behind Closed Doors

XRP news Daily Crypto News

The hot gossip surrounding the Ripple executive team’s lunch with SWIFT’s representatives in Miami has got the XRP Army wondering what’s really going on. Steph, a strong XRP community voice, implied that this lunch between Ripple (XRP) & SWIFT would be held at the Four Seasons Hotel in Miami.

DailyCoin20m ago

Strategy becomes the most shorted component stock in the United States, holding Bitcoin with an unrealized loss of approximately $7 billion on the books.

bitcoin news Daily Crypto News Capital Flow Global Markets On-Chain Data

Goldman Sachs data shows that Strategy has become the component stock with the highest short-selling amount in the United States, ranking first in short-selling ratio. Strategy has purchased 592 Bitcoins, with a total holding of 717,722, currently facing an unrealized loss of approximately $7 billion. Fourteen brokerage firms have given it a strong buy rating.

GateNewsBot36m ago

Unwilling to accept 25 years of heavy sentencing! SBF responds from prison with "Top 10 Misconceptions": FTX was never insolvent

Daily Crypto News Enforcement Actions

FTX founder Sam Bankman-Fried (SBF) spoke during his incarceration, emphasizing that his company is not insolvent and questioning the legitimacy of the bankruptcy proceedings, accusing lawyers of filing for bankruptcy without approval. He denies multiple charges, claims the trial is unfair, and has filed a motion for reconsideration in federal court, challenging the judge's bias and political persecution. Although SBF emphasizes a high repayment ratio, experts are skeptical of his claims, believing that his data is manipulated.

区块客54m ago

Nexo Achieves 52% Repeat Borrower Rate As Customer Crypto Lending Trading Activity Surges: Analyst

Daily Crypto News Project Progress

Nexo, a centralized finance platform that mainly concentrates on crypto borrowing services, has reported a 52% repeat borrower rate, an indicator that the number of borrowers has significantly increased on its trading network, according to a revelation disclosed today by market analyst

BlockChainReporter4h ago

Bhutan Issues Gold-Backed Visas on Solana Blockchain

solana news Daily Crypto News Price Volatility Token Events Partnerships & Ecosystem

Bhutan now allows anybody to invest $10,000 into its TER token on Solana to receive a visa that allows them to stay and work in the country for 12 months. TER launched in December and is backed by physical gold, custodied by a regulated bank and linked to the Gelephu Mindfulness City. The

CryptoNewsFlash8h ago

Comment

0/400

No comments