Deep Dive
1. ETH Pool Launch (7 January 2026)
Overview:
YieldBasis expanded to Ethereum liquidity with a WETH pool that attracted $25M in under a minute. Governance now votes on YB emissions for ETH pools, mirroring its BTC strategy.
What this means:
Bullish for YB’s multi-chain ambitions, as ETH integration diversifies use cases and TVL. However, rapid fills suggest caps may limit short-term growth. (KEN KEN Crypto)
2. BTC Liquidity Breakthrough (31 December 2025)
Overview:
YB’s impermanent loss-resistant AMM now holds over $400M in BTC liquidity, distributing $450K weekly to LPs. Users earn 4–40% APY in BTC or YB via leveraged crvUSD pools.
What this means:
Validates YB’s core innovation for BTC holders seeking yield, but reliance on Curve’s ecosystem introduces counterparty risk. (Blockworks)
3. Upbit Listing Volatility (26 December 2025)
Overview:
YB surged 15% to $0.44 upon its Upbit listing but faced negative funding rates, reflecting trader skepticism despite on-chain activity hitting 3-month highs.
What this means:
Mixed signals: Exchange access boosts liquidity and visibility, but derivatives markets priced in downside risk post-rally. (CCN)
Conclusion
YieldBasis is scaling its BTC/ETH yield infrastructure amid volatile market reactions. While protocol adoption grows (TVL, pool launches), exchange-driven price action remains fragile. Will ETH pool emissions votes deepen utility, or will speculative trading overshadow fundamentals?