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View ChartYieldBasis (YB) is a DeFi protocol built on the Ethereum platform that enables users to provide liquidity to automated market maker pools without experiencing impermanent loss. The protocol's tagline, "Market volatility is your yield," reflects its core proposition: a new standard for liquidity provisioning without impermanent loss. YieldBasis achieves this through a 2× compounding leverage mechanism built on Curve Finance's infrastructure, borrowing crvUSD against LP positions via a dedicated collateralized debt position. The YB token is the native utility token of the protocol, with a maximum supply of 1 billion tokens and a total supply of approximately 751.19 million YB. The token generation event concluded on Oct. 15, 2025, and the protocol is positioned within the DeFi, yield farming, and yield aggregator categories across the Ethereum and BNB Chain ecosystems.
YieldBasis was founded by Michael Egorov, a prominent and highly respected figure in the DeFi space best known as the founder of Curve Finance. He brings extensive DeFi experience, particularly in automated market makers, stablecoins, and liquidity innovation. The project's deep integration with Curve Finance infrastructure reflects this background. Detailed public information about the broader core team is currently limited, though the founder's established reputation in the DeFi ecosystem provides significant credibility to the project.
Each market on YieldBasis provides 2× leverage exposure to a Curve Cryptoswap LP position while cancelling impermanent loss at the depositor level. Users deposit crypto assets and receive YieldBasis LP tokens representing their share in the liquidity pool. The protocol maintains a constant 2× leverage ratio by borrowing crvUSD against LP positions through a dedicated collateralized debt position. When price movements occur, a specialized Rebalancing-AMM and VirtualPool architecture enables arbitrageurs to automatically restore the target leverage ratio. This mechanism ensures that YieldBasis LP tracks the underlying crypto asset price movements 1:1 while generating trading fees from the underlying Curve pool. The protocol is described as an on-chain liquidity protocol that enables holders of wrapped BTC to participate in earning native, non-subsidized BTC yield, and it also uses leveraged liquidity and Curve's crvUSD to boost yields for BTC and ETH holders while aiming to eliminate impermanent loss.
YieldBasis addresses one of the most persistent problems in DeFi: impermanent loss for liquidity providers. By enabling users to provide Bitcoin as liquidity in an AMM pool without facing impermanent loss while still earning trading fees, the protocol improves yield stability and security for liquidity providers. The 2× compounding leverage mechanism built on Curve Finance's infrastructure represents a novel technical approach to this challenge. The protocol's Rebalancing-AMM and VirtualPool architecture automatically restores target leverage ratios through arbitrage incentives, ensuring that LP positions track underlying asset prices 1:1. Target users include BTC and ETH holders, tokenized Bitcoin and Ethereum holders, and liquidity providers seeking IL-free yield. The protocol's association with Curve Finance and its founder Michael Egorov further strengthens its position in the DeFi ecosystem.
YB is the native utility token of YieldBasis and serves two primary functions. First, it provides governance and voting rights: YB tokens can be locked for up to 4 years to create veYB (vote-escrowed YB) positions, which provide voting power for protocol governance including proposals for parameter updates, feature additions, and protocol upgrades. Voting power is time-weighted and decays linearly over the lock duration unless max-locked for 4 years. Second, veYB holders vote on gauge weights to determine how YB token emissions are distributed across different liquidity pools, with each gauge's emission share proportional to the votes it receives and weights updating instantly, subject to a 10-day cooldown period between vote changes. For liquidity providers, unstaked YieldBasis LP holders earn trading fees directly from pool activity, while staked YieldBasis LP holders receive YB token emissions. The protocol implements a dynamic admin fee formula that adjusts based on staking participation, splitting trading fees between unstaked LP holders and veYB governance participants.
The YieldBasis ecosystem is built on Curve Finance infrastructure, utilizing Curve Cryptoswap LP positions and crvUSD borrowing. The platform offers "All Markets" and "My Markets" views, where users can either trade Yield by earning from market activity or provide Token Yield by earning YB emissions through depositing liquidity. Two earning strategies are available: trading fees for unstaked LP holders and YB emissions for staked LP holders. Governance through veYB-based gauge voting directs YB emissions across liquidity pools. The protocol has attracted 10.64K holders and is available on 194 active markets. YB is listed on major trading venues and has been covered by various research and analysis platforms. The project was tagged as a Binance Wallet IDO and has conducted funding rounds including private funding and Initial DEX Offerings on platforms such as Binance Wallet, Kraken Launch, and Legion, raising a total of several million USD.
YieldBasis does not use traditional mining. Instead, participants earn YB tokens through liquidity provision and staking mechanisms. Users can deposit crypto assets into YieldBasis markets to receive LP tokens, which represent their share in the liquidity pool. By staking these LP tokens, participants receive YB token emissions. Unstaked LP holders earn trading fees directly from pool activity, while staked LP holders receive YB emissions. The protocol implements a dynamic admin fee formula that adjusts based on staking participation. Additionally, veYB holders can participate in gauge voting to direct YB emissions across different liquidity pools, with each gauge's emission share proportional to the votes it receives. Voting power is time-weighted and decays linearly over the lock duration unless max-locked for 4 years, with a 10-day cooldown period between vote changes.
Keeping YB tokens safe requires attention to both smart contract risks and general cryptocurrency security practices. YB uses smart contracts to facilitate automated transactions and processes; while these contracts enhance efficiency, smart contract risks apply as noted in the MICA whitepaper. Investing in crypto-assets carries significant market risk, including extreme volatility and potential loss of entire capital. The leverage and lending features of the protocol increase volatility, so monitoring support levels, controlling positions sensibly, and only buying on dips with stop-loss measures are recommended. Users should store YB tokens in reputable wallets, enable two-factor authentication where available, and remain aware of the specific risks associated with DeFi protocols and leveraged positions. Regular security audits and the CertiK rating of 4.1 provide some assurance, but users should always conduct their own research.
YB is a newer cryptocurrency that may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.
Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.
Start Trading: Go to the trading page and search for the spot trading pair YB/USDT or the perpetual contract YBUSDT.
Place an Order: Enter the amount of YB you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.
Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose YieldBasis products that suit your trading style
YBUSDTZero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeAs of right now, the live price of YieldBasis (YB) is C$0.119855. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated YB to USD rate at the top of BTCC’s price page. In terms of market scope, YieldBasis records a 24h trading volume of C$4.26942M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$22.451749M. Its current circulating supply stands at 183.18M out of a maximum supply cap of 1B.
The price volatility of YieldBasis (YB) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (183.18M) to max supply (1B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, YieldBasis (YB) hit an all-time high (ATH) of C$1.313143 on 2025-10-15 10:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.086737 on 2026-07-30 05:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading YB futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$4.26942M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s YBUSDT perpetual contracts support two-way trading. If you anticipate a price decline for YieldBasis, simply log into your BTCC account with USDT margin available, navigate to the YBUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for YBUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.119855), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for YBUSDT with zero financial risk.
Trading YieldBasis (YB) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for YBUSDT, and review its live price (C$0.119855) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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