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Ethereum-based YFI skyrockets over 11,000% in one week and reaches $4,000 – Crypto News Flash

The governance token of the Ethereum-based protocol yearn.finance, YFI, has recorded a stunning increase of 11,000% over the past week.

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  • The governance token of the Ethereum-based protocol yearn.finance, YFI, has recorded a stunning increase of 11,000% over the past week and is trading at $3,900.
  • Meanwhile, the total allocated value in the Aave protocol has exceeded its historical high and is close to $544 million.

The phenomenal growth of Ethereum‘s DeFi sector continues. The total value of all assets allocated to a DeFi application currently exceeds $3.84 billion. However, the currently undisputed sta…

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