YB (YieldBasis) rose 5.97% in the last 24 hours.

Gate News Bot news, on November 18, according to CoinMarketCap, as of the time of writing, YB (YieldBasis) is currently at 0.44 USD, with a rise of 5.97% in the last 24 hours, reaching a high of 0.51 USD and a low of 0.40 USD. The current market capitalization is approximately 38.5 million USD, an increase of 2.17 million USD compared to yesterday.

YieldBasis is a platform that generates returns by utilizing market volatility. The project offers multiple sources of income, including trading profits and token staking rewards. Currently, the total value locked (TVL) on the platform reaches $150 million, supporting 3 trading markets. Users can earn YB token rewards by providing liquidity, with an annualized yield of up to 38.53%. YieldBasis also supports governance and voting functions, providing users with the opportunity to participate in platform decision-making.

Important news about YB recently:

1️⃣ Gate platform new coin launch drives market attention The Gate platform will launch Capybobo on November 18, 2025, at 18:00 ( UTC+8 019283746656574839201 for spot trading. As a Web3 native art toy IP project, Capybobo integrates elements of gaming, collectibles, and physical design, connecting digital asset ownership with physical items through GameFi, NFT blind boxes, and PBT certification technology. The launch of this new project may attract investor attention to similar innovative Web3 projects, indirectly enhancing the market popularity of DeFi platforms such as YieldBasis.

2️⃣ Token distribution activity attracts user participation The Capybobo project will begin token distribution on the Gate platform on November 12, 2025, supporting on-chain deposits. This token distribution model may attract more users' attention and participation in the DeFi ecosystem, potentially bringing new users and capital inflow to platforms like YieldBasis.

3️⃣ Web3 Trendy Play Economic Model Innovation Capybobo has launched the Web3.0 doll blind box, utilizing an on-chain transparent rarity system and an airdrop incentive mechanism, which gives new economic value to the traditional blind box model. This innovative model demonstrates the potential of Web3 technology in the integration of physical products and digital assets, which may spark investors' interest in DeFi platforms like YieldBasis, looking forward to similar innovative applications.

YieldBasis, as a platform that generates returns by leveraging market volatility, may see its price rise due to the increased overall attention of the market on Web3 innovative projects. At the same time, the emergence of new token distribution activities and innovative economic models may also stimulate investor demand for high-yield DeFi projects, thereby driving the YB price up.

This message is not an investment advice, and investors should be aware of market volatility risks.