Yield Basis
YB Rank #831Price chart
What is Yield Basis?
Liquidity design
Yield Basis combines crypto-asset liquidity with borrowed crvUSD in Curve pools. Its design targets approximately twice the leverage of a conventional liquidity position. Rebalancing trades adjust the position as the crypto asset's price changes. The objective is to preserve exposure resembling ownership of the deposited asset while collecting trading fees. Liquidity providers receive position tokens representing their participation. These position tokens are distinct from YB.
Governance and issuance
YB is an Ethereum ERC-20 token issued by Basis Yield AG. Its supply is one billion tokens. Holders can lock YB into veYB. The locked position provides voting power and participation in protocol revenue under the governance model. Voting weight depends on the amount locked and the remaining lock duration. Governance helps direct incentive emissions toward liquidity pools. Allocations include incentives, the team, investors and ecosystem development. Team and investor tokens have a six-month cliff followed by linear vesting over 24 months. Returns depend on fees and the leveraged strategy's performance.
Where to trade YB
32 exchanges · top 10
Live spot quotes from connected exchanges
YB funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.