{"id":27064,"date":"2020-08-10T13:29:11","date_gmt":"2020-08-10T10:29:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27064"},"modified":"2025-08-26T18:34:23","modified_gmt":"2025-08-26T15:34:23","slug":"yearn-finance-token-surges-above-6500-after-binance-listing","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/yearn-finance-token-surges-above-6500-after-binance-listing\/","title":{"rendered":"yEarn Finance token surges above $6,500 after Binance listing"},"content":{"rendered":"<p>On Monday, August 10, the price of the DeFi platform token yEarn Finance (YFI) rose above $6,500. The catalyst was the <a href=\\\"https:\/\/www.binance.com\/en\/support\/articles\/a2e3970cd7334b659d426e547f7bcea0\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">listing<\/a> of the asset on the Binance exchange.<!--more--><\/p>\n<p>\\n<\/p>\n<p>At one point, YFI quotes reached $6,941, after which they corrected somewhat. As of writing, the daily gain was about 50%.<\/p>\n<p>\\n<\/p>\n<div id=\\\"attachment_106977\\\" style=\\\"width: 1210px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-106977\\\" class=\\\"wp-image-106977 size-full\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/chart-yEarn-2020-08-10.jpeg\\\" alt=\\\"\u0422\u043e\u043a\u0435\u043d \u043f\u0440\u043e\u0435\u043a\u0442\u0430 yEarn Finance \u0432\u0437\u043b\u0435\u0442\u0435\u043b \u0432\u044b\u0448\u0435 $6500 \u043f\u043e\u0441\u043b\u0435 \u043b\u0438\u0441\u0442\u0438\u043d\u0433\u0430 \u043d\u0430 Binance\\\" width=\\\"1200\\\" height=\\\"1200\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/chart-yEarn-2020-08-10.jpeg 1200w, https:\/\/u1f987.com\/wp-content\/uploads\/chart-yEarn-2020-08-10-300x300.jpeg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/chart-yEarn-2020-08-10-1024x1024.jpeg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/chart-yEarn-2020-08-10-150x150.jpeg 150w, https:\/\/u1f987.com\/wp-content\/uploads\/chart-yEarn-2020-08-10-768x768.jpeg 768w\\\" sizes=\\\"auto, (max-width: 1200px) 100vw, 1200px\\\" \/><\/p>\n<p id=\\\"caption-attachment-106977\\\" class=\\\"wp-caption-text\\\">Data: <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/yearn-finance\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">CoinGecko<\/a><\/p>\n<\/div>\n<p>\\n<\/p>\n<p>The exchange has begun accepting deposits and will open trading of the YFI token at 12:00 UTC (15:00 MSK). Traders will have access to YFI\/BNB, YFI\/BTC, YFI\/BUSD and YFI\/USDT pairs.<\/p>\n<p>\\n<\/p>\n<p>yEarn Finance does not have a foundation backing the project\u2019s development or venture investors. The project did not conduct a presale, and its governance is run by YFI holders who receive the token in exchange for providing liquidity on the yEarn platform.<\/p>\n<p>\\n<\/p>\n<p>There had been speculation that Binance was accumulating large YFI volumes.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, August 10, the price of the yEarn Finance DeFi platform token (YFI) rose above $6,500. The catalyst for the move was the asset&#8217;s listing on Binance.<\/p>\n","protected":false},"author":1,"featured_media":27065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1166,1093,1286,1869],"class_list":["post-27064","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-centralized-exchanges-cex","tag-defi","tag-listing","tag-yearn-finance"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27064"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27064\/revisions"}],"predecessor-version":[{"id":27066,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27064\/revisions\/27066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27065"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}