Yel Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Yel Finance's governance or utility token carries a market capitalisation of US$6.2万 based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (US$6.2万) above the protocol's on-chain TVL (US$1.6万) — a mcap/TVL multiple of 3.81× implies investors are paying for expected future fee flows rather than current deposits alone. A further US$2592.9 sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

由 DeFiLlama 社区标记的重要事件——协议上线、安全攻击、治理变更和激励计划。

1. Oct 19, 2021
   上线 DeFiLlama

Yel Finance operates in the Yield category of DeFi. It is deployed across 8 chains, including Sonic, Base, Blast, Fantom and 4 other chains.

Yel Finance runs a multi-chain deployment, with smart contracts live on 8 networks. TVL is comparatively balanced across networks: even the largest deployment (pool2) holds only 38% of the protocol's value. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Its token market cap (US$6.2万) currently exceeds total value locked (US$1.6万) — a mcap/TVL ratio of 3.81 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Yel Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Yel Finance is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure US$51.9亿 in deposits, giving you a frame of reference for whether Yel Finance's own TVL is at the top, middle, or tail of the category.

Pendle

TVL US$22.7亿 · 24h +0.37%

Spark Savings

TVL US$14.2亿 · 24h +0.35%

Convex Finance

TVL US$7.2亿 · 24h +0.66%

Multipli.fi

TVL US$3.4亿 · 24h -0.01%

Strata Markets

TVL US$2.6亿 · 24h +0.70%

infiniFi

TVL US$1.8亿 · 24h +1.74%