Currencies35555
Market Cap$ 3.93T+1.74%
24h Spot Volume$ 80.85B-3.16%
DominanceBTC55.72%+0.01%ETH11.86%-0.27%
ETH Gas0.36 Gwei
Cryptorank
Open report modalReport issue
YO (Prev. Yield Protocol)

YO (Prev. Yield Protocol)  

34 Watchlists

DeFi

Status

General Info

Funds and Backers

Description

YO is a DeFi protocol that automatically distributes funds to pools with the best returns, minimizing risks using Exponential.fi ratings.

What is YO (Prev. Yield Protocol)?

YO is a DeFi protocol developed by Exponential.fi that automatically optimizes the yield of crypto assets. It distributes users' funds across the highest-yielding pools on various blockchains (e.g., Ethereum, Base, Solana), using risk ratings from Exponential.fi to balance yield and security.

Users connect their wallet, deposit assets (e.g., yoUSD, yoETH) into yoVaults (based on the ERC-4626 standard), and YO continuously rebalances them between pools to maximize returns. The protocol is fully decentralized, non-custodial (users retain control over their assets), and the selection of pools is partially determined by the community.

Trending Coins and Tokens Flame icon