YieldBasis (YB): D-Score 52/100 — Moderately Decentralized

BlockIndex D-Score: 52/100 (Moderately Decentralized). YieldBasis (YB) is a Layer 2 cryptocurrency using N/A consensus. YieldBasis: DeFi protocol enabling lossless AMM liquidity using Curve tech with dual earning strategies.

Source: https://blockindex.ai/coin/yb · Data by BlockIndex.AI · Updated 2026-06-19

D-Score breakdown (0-100, higher means more decentralized)
Component: Score: Overall D-Score: 52: Node distribution: 0: Initial distribution: 25: Governance: 20: Age and history: 7: Autonomy: 0: Key facts
- Layer: Layer 2
- Consensus: N/A (N/A)
- Launch: N/A
- Founder: N/A
- VC funded: No
- Max supply: 1,000,000,000
- Circulating: 122,665,935 (12.3%)

Market data (as of 2026-06-19)
- Price: $0.08
- Market cap: $9.52M
- 24h volume: $3.73M
- 24h change: -6.06% · 7d change: -13.95%

About
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.

Links
- Website: https://docs.yieldbasis.com/user/audits-bug-bounties
- Whitepaper: N/A
- GitHub: N/A

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore