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Yearn TVL on Fantom surpasses $1 billion

Twitter icon  •  Published 3 years ago on January 26, 2022  •  Hassan Maishera

The Yearn Finance team said its total value locked (TVL) on the Fantom blockchain has surged by more than 56% in the past 24 hours.

Yearn TVL on Fantom surpasses $1 billion

The Yearn Finance team said its total value locked (TVL) on the Fantom blockchain has surged by more than 56% in the past 24 hours. Thus, resulting in the Yearn TVL on Fantom surpassing $1 billion. 

Yearn.finance is a Decentralized Finance (DeFi) platform that aims to build products on aggregated liquidity provision, leveraged trading, automated marketing making, and more.YFI, the native token of the Yearn Finance ecosystem, is up by nearly 3% in the last 24 hours and is currently trading at $24,465.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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