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
Funding, governance, and treasury data (DeFi Llama + curated).
$5.0M · 2025-02-18
Public token sale
$5.0M · 2025-10-01
Total supplied
—
Tier 2No daily history from the current sources
Pending live refresh
Total borrowed
—
Tier 2No daily history from the current sources
Pending live refresh
TVL (net)
DeFi Llama$131.1M
DeFi Llama6h ago
Fees (30d)
DeFi Llama$136.0K
DeFi Llama7h ago
Revenue (30d)
DeFi Llama$21.0K
DeFi Llama7h ago
Wtd avg borrow APY
—
Tier 2No daily history from the current sources
Pending live refresh
Wtd avg supply APY
—
PendingNo daily history from the current sources
Pending live refresh
Top collateral assets
—
PendingList metric; no series
Pending live refresh
Bad debt
—
Tier 2No daily history from the current sources
Pending live refresh
Market cap
CoinGecko$19.7M
No daily history from the current sources
CoinGecko6h ago
FDV
CoinGecko$58.0M
FDV history not tracked
CoinGecko6h ago
P/TVL
Derived0.15×
No daily history from the current sources
Derived0s ago
TVL Δ 30d
Derived (DeFi Llama)+3.89%
Derived from the TVL series
Derived (DeFi Llama)0s ago
Chain count
Derived (DeFi Llama)1
Count metric; no series
Derived (DeFi Llama)6h ago
