Gate News Bot Message, December 26th, according to CoinMarketCap data, as of press time, YB (YieldBasis) is currently priced at $0.44, up 14.33% in the past 24 hours, with a high of $0.45 and a low of $0.37. The 24-hour trading volume reached $29.9 million. The current market capitalization is approximately $38.7 million, an increase of $4.85 million from yesterday.
Yield Basis is a platform that derives returns from market volatility. Users can earn YB tokens through trading profits or staking liquidity. The platform has launched 3 markets, with a total locked value of $149 million, mainly supporting Bitcoin assets such as tBTC, cbBTC, and WBTC, among which the token APR for the WBTC market is 38.53%. Users can choose to participate in Earn, Lock, Vote, Governance functions, and discuss on the community forum.
Recent Market Performance Analysis
Based on this week’s market data, YB’s 14.33% increase is closely related to its high-yield mechanisms within its ecosystem. The platform’s volatility mining and liquidity staking offering a 38.53% WBTC market APR are highly attractive to capital. The total locked value remains at a high of $149 million, indicating continued optimism from users regarding the platform’s yield mechanisms. The 24-hour trading volume surpassing $29.9 million reflects increased market participation.
Compared to market fluctuations during the same period, YB’s steady performance stems from its strategic focus on the Bitcoin ecosystem. Supported by various Bitcoin derivatives such as tBTC and cbBTC, the platform has gained sufficient liquidity support amid the current rise in Bitcoin market activity. The market cap increased by $4.85 million week-over-week, showing ongoing demand for this type of yield protocol.
This message is not investment advice; please be aware of market volatility risks when investing.
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.
Related Articles
Culper Research shorted ETH, BitMine: Ethereum has entered a death spiral, Fusaka upgrade fee collapsed by 90%
Short-selling firm Culper Research publicly shorted Ethereum (ETH) and BitMine (BMNR), accusing the Ethereum Fusaka upgrade of causing transaction fees to plummet by 90%. The firm warned that the risk of a "death spiral" is increasing and questioned the sustainability of Ethereum's economic model. Culper cited Vitalik's recent sale of 20,000 ETH, indicating the founder's negative outlook on the current situation, and challenged the interpretation of active address growth, suggesting it may be the result of address poisoning attacks.
動區BlockTempo3m ago
Bittensor (TAO) Tests Crucial $180 Level Amid Renewed AI + Crypto Interest
Michaël van de Poppe's insights on TAO hint at a key resistance level at $180 that could lead to higher prices if surpassed. The token's tie to Bittensor and the AI-crypto narrative keeps it in focus as traders monitor its performance and volume for potential gains.
BlockChainReporter19m ago
HBAR Faces Renewed Pressure as $0.09 Support Weakens
Key Insights:
HBAR price repeatedly failed to clear value area high resistance, reinforcing overhead supply and weakening bullish momentum within the current range structure.
The $0.09 high timeframe support now defines short term direction as price rotates lower inside a clearly
CryptoFrontNews43m ago
Culper Research shorted Ethereum, citing the upgrade as the trigger for a death spiral
Culper Research report indicates that Ethereum's Fusaka upgrade caused excess block space, leading to a 90% drop in transaction fees, potentially entering a "death spiral" cycle, resulting in decreased staking demand and network security. The report mentions Vitalik Buterin selling large amounts of ETH, questioning Tom Lee's bullish outlook, and points out BitMine's loss risks held in Ethereum.
MarketWhisper55m ago
Pi Network Today's News: $0.20 Becomes the Bull-Bear Threshold, Token Unlock Adds Variables
Pi Network (PI) tokens recently surged in price, breaking through $0.1900, with a total increase of about 15%. Market sentiment has improved, and the fear index has risen back to 29. However, 20.8 million PI tokens will be unlocked on Saturday, which could increase selling pressure and pose a short-term risk to the price. If it can break through $0.1959, the target price is $0.2613; but a drop below the 50-day moving average could turn the trend bearish.
MarketWhisper1h ago
Glassnode: Bitcoin selling pressure has eased, but institutional demand remains in the testing phase
PANews March 6 News, Glassnode posted on X platform analyzing that the outflow trend of Bitcoin spot ETF funds has stabilized. The 14-day net flow trend has turned upward, indicating that as Bitcoin breaks through $70,000, selling pressure is easing. Institutional demand remains in a tentative stage, but early signs of reaccumulation are beginning to appear.
GateNews1h ago
