CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

Yield Basis.

yb · coingecko:yield-basis

EVIDENCE · NOT A RECOMMENDATION
This dossier explains why the asset surfaced, what the stored evidence says, what changed, and which limitations remain. Deterministic signals are research questions, not investment conclusions.
Price$0.065601
Market cap$17.8M
Active signals3
Total / circulating2.79×
Longest active streak6
Snapshots compared6

Why it surfaced

fundamental deterioration

At least one available fundamental deteriorated beyond the configured threshold

Current streak: 1 snapshot · triggered 1/6 observed snapshots

high dilution

Total supply is high relative to circulating supply

Current streak: 6 snapshots · triggered 6/6 observed snapshots

data quality investigation

Provider relationships disagree or map one protocol to multiple assets

Current streak: 6 snapshots · triggered 6/6 observed snapshots

What changed

fundamental deterioration
new · streak 1 · 1/6 snapshots
high dilution
continuing · streak 6 · 6/6 snapshots
data quality investigation
continuing · streak 6 · 6/6 snapshots

Latest fundamental observations

MetricPeriodValueObserved
dex volume24h$1,972.002026-10-18T04:36:13.503Z
dex volume30d$4.73M2026-10-18T04:36:13.503Z
dex volume7d$642,456.002026-10-18T04:36:13.503Z
dex volumedaily$0.002026-10-21T00:00:00.000Z
fees24h$2,631.002026-10-18T04:35:58.074Z
fees30d-$71,051.002026-10-18T04:35:58.074Z
fees7d-$42,103.002026-10-18T04:35:58.074Z
feesdaily$13,606.002026-10-21T00:00:00.000Z
holders revenue24h$0.002026-10-18T04:36:12.168Z
holders revenue30d$3,603.002026-10-18T04:36:12.168Z
holders revenue7d$0.002026-10-18T04:36:12.168Z
holders revenuedaily$0.002026-10-21T00:00:00.000Z
revenue24h$0.002026-10-18T04:36:00.033Z
revenue30d$3,603.002026-10-18T04:36:00.033Z
revenue7d$0.002026-10-18T04:36:00.033Z
revenuedaily$0.002026-10-21T00:00:00.000Z
tvlpoint in time$124.19M2026-10-21T04:51:47.000Z

Historical changes

MetricWindowChangeBoundary
dex volume usd:30d7d-58.11%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:7d7d-18.52%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
fees usd:24h7d113.69%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:30d7d34.60%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:7d7d-14.42%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:daily7d137.13%2026-10-14T00:00:00.000Z → 2026-10-21T00:00:00.000Z
holders revenue usd:30d7d0.00%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
market cap usd:point in time7d-16.04%2026-10-14T00:00:00.000Z → 2026-10-21T06:40:40.000Z
revenue usd:30d7d0.00%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
tvl usd:point in time7d-5.55%2026-10-14T00:00:00.000Z → 2026-10-21T04:51:47.000Z
dex volume usd:daily30d-100.00%2026-09-21T00:00:00.000Z → 2026-10-21T00:00:00.000Z
fees usd:daily30d-65.06%2026-09-21T00:00:00.000Z → 2026-10-21T00:00:00.000Z
market cap usd:point in time30d-17.54%2026-09-21T00:00:00.000Z → 2026-10-21T06:40:40.000Z
tvl usd:point in time30d-7.83%2026-09-21T00:00:00.000Z → 2026-10-21T04:51:47.000Z
dex volume usd:daily90d-100.00%2026-07-23T00:00:00.000Z → 2026-10-21T00:00:00.000Z
fees usd:daily90d144.19%2026-07-23T00:00:00.000Z → 2026-10-21T00:00:00.000Z
market cap usd:point in time90d-3.22%2026-07-23T00:00:00.000Z → 2026-10-21T06:40:40.000Z
tvl usd:point in time90d-9.04%2026-07-23T00:00:00.000Z → 2026-10-21T04:51:47.000Z
dex volume usd:daily180d-100.00%2026-04-24T00:00:00.000Z → 2026-10-21T00:00:00.000Z
fees usd:daily180d168.00%2026-04-24T00:00:00.000Z → 2026-10-21T00:00:00.000Z
market cap usd:point in time180d59.83%2026-04-24T00:00:00.000Z → 2026-10-21T06:40:40.000Z
tvl usd:point in time180d-25.17%2026-04-24T00:00:00.000Z → 2026-10-21T04:51:47.000Z

Market snapshot

Circulating supply
271.32M
Total supply
755.87M
Max supply
1B
Provider updated
2026-10-18T04:32:53.000Z

Evidence coverage

Verified/provider links
1
Stored fundamental observations
2,038
Calculated history rows
22
Signal comparison
prior snapshot

Evidence synthesis

Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.

Open AI research brief

Rule evaluations

revenue growth declining multiple · excluded · no signal

Insufficient actual 30-day revenue or market-cap history

Limits: Starting value is zero; percentage change is undefined

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

activity growth stagnant market cap · included · no signal

Eligible, but configured thresholds were not jointly met

Inputs and calculation
{
  "inputs": {
    "activity": {
      "metric": "dex_volume_usd",
      "result": {
        "status": "calculated",
        "windowDays": 30,
        "start": {
          "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:dex_volume:1789948800",
          "at": "2026-09-21T00:00:00.000Z",
          "value": 1276417
        },
        "end": {
          "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:dex_volume:1792540800",
          "at": "2026-10-21T00:00:00.000Z",
          "value": 0
        },
        "percent": -100,
        "definition": "(end - start) / abs(start) * 100 over 30 days"
      }
    },
    "marketCap": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:coingecko:yield-basis:1789948800000",
        "at": "2026-09-21T00:00:00.000Z",
        "value": 20919779.2302759
      },
      "end": {
        "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:coingecko:yield-basis:1792564840000",
        "at": "2026-10-21T06:40:40.000Z",
        "value": 17251059.31175946
      },
      "percent": -17.537087165847947,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    }
  },
  "calculation": {
    "activityChangePercent": -100,
    "marketCapChangePercent": -17.537087165847947
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

improving tokenholder value capture · excluded · no signal

Starting value is zero; percentage change is undefined

Limits: Requires holders revenue and fees at both boundaries

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

peer valuation difference · excluded · no signal

Missing revenue, market capitalization, or a peer-group median

Limits: Peer groups require a shared canonical sector and at least three eligible assets

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

fundamental deterioration · included · signal

At least one available fundamental deteriorated beyond the configured threshold

Inputs and calculation
{
  "inputs": {
    "fees": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1789948800",
        "at": "2026-09-21T00:00:00.000Z",
        "value": 38946
      },
      "end": {
        "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1792540800",
        "at": "2026-10-21T00:00:00.000Z",
        "value": 13606
      },
      "percent": -65.06444821034253,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    },
    "revenue": {
      "status": "insufficient_history",
      "windowDays": 30,
      "reason": "Starting value is zero; percentage change is undefined"
    },
    "tvl": {
      "status": "calculated",
      "windowDays": 30,
      "start": {
        "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:tvl:1789948800",
        "at": "2026-09-21T00:00:00.000Z",
        "value": 134749570
      },
      "end": {
        "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:tvl:1792558307",
        "at": "2026-10-21T04:51:47.000Z",
        "value": 124192258
      },
      "percent": -7.834764890158834,
      "definition": "(end - start) / abs(start) * 100 over 30 days"
    }
  },
  "calculation": {
    "worstChangePercent": -65.06444821034253
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

high dilution · included · signal

Total supply is high relative to circulating supply

Limits: Supply fields are provider-reported and do not describe unlock timing

Inputs and calculation
{
  "inputs": {
    "circulatingSupply": 271320091.71318465,
    "totalSupply": 755868503.7935126
  },
  "calculation": {
    "totalToCirculatingRatio": 2.785892113705126
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

data quality investigation · included · signal

Provider relationships disagree or map one protocol to multiple assets

Inputs and calculation
{
  "inputs": {
    "identityConflict": true
  },
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

Provenance and raw evidence

Classification evidence
[
  {
    "assetId": "coingecko:yield-basis",
    "kind": "sector",
    "value": "other",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Leveraged Farming",
    "sourceProvider": "defillama",
    "sourceRecord": "6771",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:yield-basis",
    "kind": "asset_type",
    "value": "protocol_token",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Leveraged Farming",
    "sourceProvider": "defillama",
    "sourceRecord": "6771",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]
Identity relationships
[
  {
    "assetId": "coingecko:yield-basis",
    "protocolId": "6771",
    "protocolSlug": "yield-basis",
    "method": "gecko_id_and_chain_contract",
    "evidence": "DeFiLlama gecko_id=yield-basis; DeFiLlama address=0x01791f726b4103694969820be083196cc7c045ff; CoinGecko platforms.ethereum=0x01791f726b4103694969820be083196cc7c045ff",
    "status": "verified_provider_relationship"
  }
]
Research statuses
[
  {
    "assetId": "coingecko:yield-basis",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:yield-basis",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "insufficient_historical_data",
    "method": "global",
    "reason": "One or more historical methods lack actual boundary observations"
  },
  {
    "assetId": "coingecko:yield-basis",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "revenue_growth_declining_multiple",
    "reason": "Insufficient actual 30-day revenue or market-cap history"
  },
  {
    "assetId": "coingecko:yield-basis",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "improving_tokenholder_value_capture",
    "reason": "Starting value is zero; percentage change is undefined"
  },
  {
    "assetId": "coingecko:yield-basis",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "peer_valuation_difference",
    "reason": "Missing revenue, market capitalization, or a peer-group median"
  },
  {
    "assetId": "coingecko:yield-basis",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "requires_manual_investigation",
    "method": "global",
    "reason": "At least one deterministic research signal triggered"
  }
]
Human review decisions
[]
Full fundamental evidence
[
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:210",
    "protocolId": "6771",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-22T21:51:30.762Z",
    "value": 140059612.49898204,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:10917",
    "protocolId": "6771",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 23801,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:10918",
    "protocolId": "6771",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 11276,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:10919",
    "protocolId": "6771",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": -28146,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:17646",
    "protocolId": "6771",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 0,
    "unit": "USD",
    "definition": "Admin fees distributed to veYB holders via FeeDistributor",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:17647",
    "protocolId": "6771",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 0,
    "unit": "USD",
    "definition": "Admin fees distributed to veYB holders via FeeDistributor",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:17648",
    "protocolId": "6771",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 3880,
    "unit": "USD",
    "definition": "Admin fees distributed to veYB holders via FeeDistributor",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:22352",
    "protocolId": "6771",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 0,
    "unit": "USD",
    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:22353",
    "protocolId": "6771",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 0,
    "unit": "USD",
    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:22354",
    "protocolId": "6771",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 3880,
    "unit": "USD",
    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:25529",
    "protocolId": "6771",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 499928,
    "unit": "USD",
    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "Fees": "Swap fees from users from Curve pools deployed by Yield Basis.",
      "SupplySideRevenue": "Swap fees distributed to depositors on Yield Basis.",
      "Revenue": "Admin fees collected on Curve pools deployed by Yield Basis."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:25530",
    "protocolId": "6771",
    "metric": "dex_volume_usd",
    "period": "7d",
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    "value": 24332463,
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    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
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  {
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    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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  {
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    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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  {
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    "value": 0,
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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  {
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  },
  {
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    "value": 138394700.44898444,
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    "definition": "DeFiLlama protocol TVL at collection time",
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  },
  {
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    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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    "value": -38961,
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    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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    "value": 0,
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    "definition": "Admin fees distributed to veYB holders via FeeDistributor",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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    "value": 3603,
    "unit": "USD",
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    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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    "definition": "Admin fees distributed to veYB holders via FeeDistributor",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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    "value": 0,
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    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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    }
  },
  {
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  },
  {
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  },
  {
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  },
  {
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  {
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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  },
  {
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    "value": 3603,
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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    }
  },
  {
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    "protocolId": "6771",
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    "value": 0,
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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    "value": 0,
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    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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    "value": 3603,
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    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
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    "value": 0,
    "unit": "USD",
    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
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    }
  },
  {
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    "protocolId": "6771",
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    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 788529,
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    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
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    }
  },
  {
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    "value": 11293409,
    "unit": "USD",
    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
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      "Revenue": "Admin fees collected on Curve pools deployed by Yield Basis."
    }
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    "value": -2303338,
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  {
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  {
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  {
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  {
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    "unit": "USD",
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
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  {
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    }
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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    }
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1781395200",
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    "period": "daily",
    "observedAt": "2026-10-12T00:00:00.000Z",
    "value": 46768,
    "unit": "USD",
    "definition": "DeFiLlama historical dex_volume; adapter methodology was not supplied",
    "sourceUrl": "https://api.llama.fi/summary/dexs/yield-basis",
    "methodology": {
      "Fees": "Swap fees from users from Curve pools deployed by Yield Basis.",
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      "Revenue": "Admin fees collected on Curve pools deployed by Yield Basis."
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    "value": -11597,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
    "methodology": {
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
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  {
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    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
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    "value": 1852460,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
    "methodology": {
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      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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    }
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  {
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    "value": 177884,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
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  {
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    "protocolId": "6771",
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    "unit": "USD",
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    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
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      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
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    "protocolId": "6771",
    "metric": "fees_usd",
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    "value": 53003,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
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      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
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    "protocolId": "6771",
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    "unit": "USD",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1773532800",
    "protocolId": "6771",
    "metric": "fees_usd",
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    "value": 28312,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
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      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1774396800",
    "protocolId": "6771",
    "metric": "fees_usd",
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    "value": 19877,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
    "methodology": {
      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1776902400",
    "protocolId": "6771",
    "metric": "fees_usd",
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    "value": 38533,
    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyFees",
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      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1777248000",
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    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  {
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    "unit": "USD",
    "definition": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1782518400",
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    "metric": "fees_usd",
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    "unit": "USD",
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      "Revenue": "Admin fees distributed to veYB holders via FeeDistributor",
      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:fees:1784505600",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1760745600",
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    "value": 0,
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      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1762905600",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1764460800",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1764720000",
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    "unit": "USD",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1765929600",
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    "value": 64576,
    "unit": "USD",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1766102400",
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    "value": 66279,
    "unit": "USD",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1768521600",
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    "value": 2319,
    "unit": "USD",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
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  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1768694400",
    "protocolId": "6771",
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    "value": 1590,
    "unit": "USD",
    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyHoldersRevenue",
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      "Fees": "Net trading fees distributed to users (pricePerShare growth + admin fees to veYB)",
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      "HoldersRevenue": "Admin fees funded to FeeDistributor epochs for veYB holders",
      "SupplySideRevenue": "Fees accrued to all ybBTC holders via pricePerShare growth",
      "ProtocolRevenue": "None - all fees go to ybBTC holders and veYB stakers"
    }
  },
  {
    "id": "3cd4e88c-c7d8-4e12-8ee6-c1f6ce7c4e65:6771:holders_revenue:1769299200",
    "protocolId": "6771",
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    "observedAt": "2026-01-25T00:00:00.000Z",
    "value": 5095,
    "unit": "USD",
    "definition": "Admin fees funded to FeeDistributor epochs for veYB holders",
    "sourceUrl": "https://api.llama.fi/summary/fees/yield-basis?dataType=dailyHoldersRevenue",
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    "value": 1972,
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  {
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    "definition": "DeFiLlama dex_volume_usd; definition is protocol-adapter specific and was not supplied",
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]