Yield Basis
YB去中心化收益協議
表现
RD 熱度指數
RD 增長指數
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.61% | 1.41% | 19.26% | 42.31% | 43.61% | -- |
收入和銷毀
協議收入
-$37.04K回購資金
--銷毀資金
--回購率
--協議資金趨勢
月度金額與比值
| 週期 | 協議收入 | 回購資金 | 銷毀資金 | 回購率 |
|---|---|---|---|---|
| 2026-11 | -$37.04K | -- | -- | -- |
| 2026-10 | -$212.51K | -- | -- | -- |
| 2026-09 | -$388.89K | -- | -- | -- |
| 2026-08 | -$310.91K | -- | -- | -- |
| 2026-07 | -$268.59K | -- | -- | -- |
| 2026-06 | -$241.99K | -- | -- | -- |
比較
募款
代幣經濟學
解鎖進度
根據CoinGecko數據, 當前 YB 的解鎖率29.28%
Top 持有者
| 持倉地址 | Token | 持倉數量 | 佔比 | 價值 |
|---|---|---|---|---|
| 0x8235...c211 | ![]() YB | 150,095,200.36 | 19.81% | $7.28M |
| 0x93eb...85e3 | ![]() YB | 145,814,156.92 | 19.25% | $7.07M |
| 0x5254...0065 | ![]() YB | 74,000,000 | 9.77% | $3.59M |
開放市場
| # | 交易所 | 交易對 | 價格 | +2% 深度 | -2% 深度 | 成交量(24小時) | 成交量% |
|---|---|---|---|---|---|---|---|
| 1 | OOKXCEX | YB/USDT | $0.4009 | $40,575 | $103,229 | $194,612 | 16.24% |
| 2 | PPhemexCEX | YB/USDT | $0.4003 | $5,989 | $6,937 | $120,200 | 10.03% |
| 3 | BBitgetCEX | YB/USDT | $0.4011 | $45,839 | $64,032 | $94,519 | 7.89% |
| 4 | BBingXCEX | YB/USDT | $0.4012 | $63,590 | $61,705 | $87,674 | 7.31% |
| 5 | BBithumbCEX | YB/KRW | $0.4051 | $7,387 | $6,691 | $62,331 | 5.20% |
| 6 | YB/USD | $0.401 | $72,861 | $78,055 | $33,580 | 2.80% | |
| 7 | ZEC/YB | $0.3969 | $27 | $27 | $1,749 | 0.15% | |
| 8 | OOKXCEX | YB/USD | $0.3994 | $9,267 | $21,104 | $997 | 0.08% |
| 9 | YB/BSC-USD | $0.3993 | $129 | $128 | $2 | 0.00% |
跟隨更新
跟隨列表
人物
關於Yield Basis
Yield Basis is an Ethereum market-making protocol led by Curve founder Michael Egorov, built so liquidity providers can earn BTC and ETH trading fees without taking impermanent loss. It targets a long-standing AMM problem: impermanent loss keeps long-term holders from providing liquidity, which caps pool depth. LP returns come from trading fees and leveraged exposure, not token subsidies.
The design uses 2x-leveraged Cryptoswap liquidity, with yb-LP shares tracking BTC or ETH one-to-one and rebalancing automatically, stripping directional risk from the LP. It currently supports cbBTC, WBTC, tBTC and WETH, with the Hybrid Vault capped at $25 million for WETH. Leverage and rebalancing amplify liquidation and depeg risk in extreme markets — a trade-off the design cannot avoid. Its shares therefore resemble a yield-bearing BTC or ETH claim.
YieldBasis 獲得 Curve DAO 批准,將其 crvUSD 信貸額度提高至十億美元,標誌著穩定幣流動性基礎設施的重大擴展。該協議還引入了費用轉換機制,將超過 150 萬美元的收取費用導向 veYB 持有者,為治理參與者建立直接的長期價值累積。
In Q1 2026, the protocol earned about $12 million in fees on $1.1 billion in trading volume, with TVL reaching $180 million in March.
On governance, a proposal optimizing WBTC pool parameters passed on August 10, 2026 following a Curve upgrade, a lower-fee mode for BTC pools went to a vote on September 1, and proposals target 22.6% higher Hybrid Vault capital efficiency plus V3 pool deployment. Negatives include Gate US delisting YB on September 23, 2026, BloFin's concurrent removal, and selling pressure from large unlocks extending into 2027 (about 200 million YB).
Yield Basis — launched by Curve founder Michael Egorov — went live with its HybridVault mechanism in April 2026, and in May introduced Hybrid Vaults combining crypto assets with yield-bearing crvUSD positions; deposits rose from 1.7M to 3.8M crvUSD in under two weeks (a 120%+ jump).
Backed by a crvUSD credit line approved by Curve DAO, Yield Basis launched BTC–crvUSD and ETH–crvUSD pools on Curve FXSwap. As of mid-2026 TVL was about $126 million (the BTC pool above $100 million), with cumulative volume of over $3.3 billion and protocol fees of $3.95 million.
Future strategy and roadmap: The roadmap splits 2026 into steps: expanding supported assets beyond BTC to yield strategies on Solana, BNB and Ethereum in the first quarter, then deploying Yield Basis on selected networks through white-label partnerships run by dedicated partner teams from the second quarter, scaling cross-chain ecosystem outreach and multi-asset support in the third and fourth quarters, and refining yield optimization strategies and governance tooling from 2027 to 2029. On the product side, V2 is to improve rebalancing and automated hedging, still built on the crvUSD credit line approved by Curve DAO.
Michael Egorov(創辦人):Curve Finance 與 Yield Basis 的創建者。目前擔任 Yield Basis 的 CEO 兼創辦人,Yield Basis 是一個去中心化收益協議,可在無無常損失的情況下於 AMM 池中提供比特幣流動性。曾任 DeCommas 技術長、Aegis 產品主管,並在 3Commas 與 Home Credit 擔任工程職位。LinkedIn:https://www.linkedin.com/in/michael-egorov/ Twitter:https://x.com/newmichwill
YieldBasis splits trading fees along a staking-ratio curve with an admin-fee floor of 10%: at a 50% staking ratio unstaked yb-LP and veYB take 63.6% and 36.4% respectively, and at 90% they take 28.5% and 71.5%.

