Yearn Finance (YFI) surges to $35,000 after Coinbase listing
Cryptocurrency exchange Coinbase has listed Yearn Finance (YFI) on its pro platform, resulting in a 19.52% rally in the yield farming asset. As explained by Coin Rivet in an article last week, Yearn Finance and its subsequent forks like YFV, YFII and YFL, are all designed to be used in yield farming protocols, which effectively lets users stake the token to earn significant APY. Trade volume over the past 24-hours has crept above $500,000 as its market cap hovers around the $1 billion mark. According to an official announcement from Coinbase, YFI will not be available on Coinbase.com or via its mobile apps, although it does state that a separate announcement will be made "if and when" support is added.
Cryptocurrency exchange Coinbase has listed Yearn Finance (YFI) on its pro platform, resulting in a 19.52% rally in the yield farming asset. As explained by
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Yearn Finance (YFI) surges to $35,000 after Coinbase listing
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