A DeFi Token called YB (Yield Basis) has attracted a lot of attention. After its launch, it first had a big pump of over 126%, then fell by 23% within 24 hours, with the price fluctuating like a roller coaster. Currently, the price of YB hovers around 0.68 dollars, and many people are asking: does this coin have potential? Can you still make money by jumping in now?

What is YB? What is special about it?

YB is a decentralized finance protocol based on Ethereum, focusing on "increasing the yields for BTC and ETH holders." It adopts the veTokenomics model—simply put, by locking your Tokens, you can not only participate in governance but also share in the fee dividends.

YB has also introduced Curve's crvUSD to enhance the yield strategy and claims that it can help users avoid "impermanent loss." This is considered a good selling point in the DeFi space, especially suitable for those seasoned players who want to earn yields without taking risks.

Price performance: The excitement is temporary, but the risks are real.

From the trading data, YB's performance is very dramatic:

· Once had a daily rise of up to 126%, attracting many players chasing the rise;

· But then quickly fell back, dropping 23.04% within 24 hours;

· The trading volume has also retraced from its high, currently maintaining around 12 million USD, far below the 5-day average.

What does this indicate? The popularity comes quickly and goes just as fast. Those who jumped in early might have made a profit, but latercomers are likely stuck at high positions.

Insufficient liquidity is a major drawback of YB.

Although YB has been listed on several mainstream exchanges, its Total Value Locked (TVL) is still very low. Early liquidity providers lost money due to high Gas fees and limited arbitrage opportunities.

Insufficient liquidity means: prices can be easily manipulated, and volatility is high; your orders may not necessarily be filled. This is a very unfriendly signal for retail investors.

Is there still a chance to make money by entering the market now?

From the current situation, the price of YB is still in an unstable phase. Although it has a good design concept and token model, its short-term performance relies more on market sentiment and capital push, rather than actual value support.

If you are a player with a very high risk appetite, able to accept significant fluctuations, and willing to engage in short-term operations, you might consider testing the waters with a light position at a low level, setting a stop-loss.

But if you pursue stability, or if you don't have a deep understanding of Decentralized Finance, it is recommended to wait and see. After all, in the coin circle, surviving is more important than making quick money. $YB #抄底币种推荐