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Yield Basis

Yield Basis is a decentralized yield protocol offering markets where users can earn trading yield or token emissions by depositing liquidity.
Distributed
1 current maintainer0 active leads1 lead step-down1 lead movement1 early lead departure

Maintainer signals as of Aug 10, 2026


Yield Basis


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Description

Yield Basis, developed by Curve Finance founder Michael Egorov, is an AMM-based DeFi protocol designed to eliminate impermanent loss for liquidity providers. It uses 2× leverage via crvUSD to optimize liquidity positions, potentially increasing yields for BTC and ETH holders while maintaining sustainability. Liquidity positions are tokenized into yield-bearing assets like ybBTC and ybETH, enabling staking for additional rewards.

Category: DeFi
TVL: $128M

Chains:
Ethereum