{
  "url": "https://blockindex.ai/coin/yb",
  "name": "YieldBasis",
  "links": {
    "github": null,
    "website": "https://docs.yieldbasis.com/user/audits-bug-bounties",
    "whitepaper": null
  },
  "dScore": 52,
  "market": {
    "priceUsd": 0.06388291417161342,
    "marketCapUsd": 12640824.981732221,
    "volume24hUsd": 4412195.81163062,
    "priceChange7dPct": 1.12125195,
    "priceChange24hPct": -0.56310865
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 1000000000,
    "circulating": 197874895.74715132,
    "circulatingPct": 19.78748957471513
  },
  "ticker": "YB",
  "founder": "N/A",
  "vcFunded": false,
  "updatedAt": "2026-11-01T12:00:24.181262+00:00",
  "fairLaunch": false,
  "launchYear": null,
  "description": "YieldBasis is a decentralized finance (DeFi) protocol designed for liquidity provision to AMM pools without incurring impermanent loss. Leveraging the infrastructure of Curve Finance, it uses a unique 2× compounding leverage mechanism. Users deposit assets to earn YieldBasis LP tokens, maintaining a consistent 2× leverage by borrowing crvUSD against positions using a Rebalancing-AMM and VirtualPool system. This allows asset price movements to stay 1:1 and supports arbitrage to adjust leverage ratios. YieldBasis offers dual earning strategies via trading fees and token emissions, with additional opportunities from a dynamic fee structure tied to staking. Community governance is executed through veYB and gauge voting, allowing token holders meaningful decision-making power.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "N/A",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 7,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}