YFDAI

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

YFDAI's governance or utility token carries a market capitalisation of US$5.9万 based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (US$5.9万) above the protocol's on-chain TVL (US$1.6万) — a mcap/TVL multiple of 3.70× implies investors are paying for expected future fee flows rather than current deposits alone. A further US$14.3 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.

YFDAI operates in the Services category of DeFi. It is deployed on Ethereum. The codebase has been independently audited (2 reports on file).

YFDAI is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-staking, staking), so a fault on any one of them would affect a large slice of users. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (US$5.9万) currently exceeds total value locked (US$1.6万) — a mcap/TVL ratio of 3.70 suggests the market is pricing in more growth than current deposits support.

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

YFDAI is one of 7 Services protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Flying Tulip, Suterusu, Bond Protocol, and 3 more. These peer protocols collectively secure US$9254.7万 in deposits, giving you a frame of reference for whether YFDAI's own TVL is at the top, middle, or tail of the category.

Flying Tulip

TVL US$9220.7万

Suterusu

TVL US$15.4万 · 24h -0.12%

Bond Protocol

TVL US$7.8万 · 24h -0.94%

CyberTime

TVL US$4.3万 · 24h +0.30%

Frontrun Market

TVL US$4.2万 · 24h +0.01%

HaloFi

TVL US$2.3万 · 24h +0.18%