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Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now

Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now

Since September 12, the price of Yearn.finance (YFI) dropped from $43,937 to as low as $26,222.

Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now

Cover art/illustration via CryptoSlate

Since September 12, the price of Yearn.finance (YFI) dropped from $43,937 to as low as $26,222.

YFI’s 40% decline within eight days caused other Y tokens and decentralized finance (DeFi) tokens to plummet.

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