Credit · Leveraged Yield · YB
Yield Basis takes a Curve BTC/crvUSD liquidity position and levers it roughly 2x with borrowed crvUSD so that the levered LP's value tracks the underlying asset rather than the square root of price, which is levered exposure to an LP yield source. The mechanism is set out in the Yield Basis how-it-works documentation and analysed independently in Statemind's teardown of how YieldBasis really works. DefiLlama classifies it as Leveraged Farming (DefiLlama API).
Levered Curve LP exposure built to cancel impermanent loss.
YB price
$0.0778
+5.0% 24h
Latest data · 15 min delay
Two-tier competitive set for a Leveraged Yield entity: on-platform peers are clickable and comparable, off-platform names are context only.
DefiLlama records zero audits for this entry (DefiLlama API); no audit firm or report link was confirmable from a fetched page: `n.a.` Treat as unverified.
Percentile rank against the 9 on-platform Leveraged Yield entities (snapshot as of 2026-07-27). Supply and borrow APY are omitted: no source covers the whole cohort, and a single-market rate would misrepresent a protocol-level number.
$134.6m · rank 2 of 9
- Not reported by DefiLlama for this protocol
1 · rank 8 of 9
Listed 2025-09-25 · rank 7 of 8 reporting (cohort 9)
- Unverified (no structured audit metadata)
The full on-platform tag cohort. Rows marked direct carry a curated competitor relationship; borrowed can exceed TVL where DefiLlama nets borrowed collateral out of supplied.
Composable leverage via Credit Accounts.
TVL $18.2Mlive
Borrowed $10.4M
11 chains
Pay-as-you-earn leveraged strategies (ex-Alpha Homora).
TVL $442.8Klive
Borrowed -
1 chain
Capital-efficient lending + DEX hybrid on a shared liquidity layer.
TVL $811.8Mlive
Borrowed $763.0M
5 chains
Folded yield-token vaults held as a single receipt token.
TVL $49.4Mlive
Borrowed $67.2M
3 chains
Lending + leveraged LP farming on the Superchain.
TVL $24.8Mlive
Borrowed $737.7K
3 chains
Permissionless vault infrastructure on Robinhood Chain and Arbitrum.
TVL $12.1Mlive
Borrowed -
2 chains
One-click looping across external money markets.
TVL $6.2Mlive
Borrowed $44.3M
10 chains
Undercollateralised prime accounts for leveraged farming.
TVL $3.5Mlive
Borrowed -
2 chains
Curated competitor relationships across Credit tags.
Soft-liquidation CDP dollar.
TVL $138.8Mlive
Borrowed $41.7M
4 chains
Context-setting competitors outside the EVM DeFi scope: named for completeness, not tracked, not clickable.
Roughly $3.2bn TVL, the main non-EVM benchmark
Pick up to 3 same-tag peers. Metric values are snapshot figures as of 2026-07-27.
0 of 3 selected
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Tag cohort plotted on two selectable axes. Risk composite comes from the M7 documented-risk derivation and is only defined for rated entities; it is a documented-risk load, not a safety score, and is never compared across tags.
