DeFi · rank #836

Yield Basis YB

YB cycle analysis · chart, confirmed lows and fundamentals

$0.0630+1.9% 1d-12.1% 7d-28.6% 30d

Red List Falling mixed

90.9% below its 365-day high of $0.6908 (2025-10-29), +5.7% off the 365-day low. Snapshot 2026-10-21 UTC.

Last 18 months, log scale
0.06110.20230.672025-102026-042026-10high 0.6908low 0.0596
Where it stands

On the Red List.

91% below its rolling 365-day high, 357 days after the high.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2D

Last bars
2Dr 2Dr 2Ug 2Ur 2Dr
Confirmed low
$0.0623 · 2026-07-31
Position
3 of median 4 (max 4)
Current low
$0.0596 · unconfirmed
Confirms above
$0.0907
Cycle-low confidence
—
Confirmed lows
2

Weekly 2D

Last bars
2Ug 2Dr 2Dr 2Dr 2Dr
Confirmed low
$0.0757 · 2026-09-20
Position
5 of median 7 (max 11)
Current low
$0.0596 · unconfirmed
Confirms above
$0.0637
Cycle-low confidence
81% · in band
Confirmed lows
8

Daily 2U

Last bars
2Dr 2Dr 1r 2Dg 2Ug
Confirmed low
$0.0596 · 2026-10-20 (daily)
Position
1 of median 4 (max 15)
Current low
$0.0596 · confirmed
Cycle-low confidence
46%
Confirmed lows
74
The full read, in sentences
  • Monthly: forming bar is a red 2-Down. Last confirmed swing low 0.0623 (Jul 2026), month 3 of a cycle that has typically run 4. Current low 0.0596 is unconfirmed — it confirms above 0.0907.
  • Weekly: forming bar is a red 2-Down. Last confirmed swing low 0.0757 (Sep 2026), week 5 of a cycle that has typically run 7. Current low 0.0596 is unconfirmed — it confirms above 0.0637. Cycle-low confidence 81%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.0596 (2026-10-20), day 1 of a cycle that has typically run 4. Cycle-low confidence 46%.
  • Red List: 91% below the 2025-10-29 high; +6% off the 365-day low.
  • Gauges: Mayer multiple 0.69 (cheap); -91% from the all-time high.

Has Yield Basis bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the YB snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0623 from 2026-07-31. A newer candidate at $0.0596 is unconfirmed; its confirmation level is above $0.0907, provided the candidate low is not undercut first. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0757 from 2026-09-20. A newer candidate at $0.0596 is unconfirmed; its confirmation level is above $0.0637, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0596 from 2026-10-20. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Yield Basis below its high?

The Coinbase price snapshot is 90.9% below its rolling 365-day high of $0.6908 from 2025-10-29. Separately, CoinGecko reports -92.3% relative to its all-time high of $0.8185 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Red List; recovering → Red List
  2. Red List; recovering · Phoenix monthly → Red List; recovering
  3. First observed: Red List; recovering · Phoenix monthly

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health44 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
4.63 %13.8 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
2.92 x0.6 / 15
Size (market-cap rank)
survivorship
836 #0 / 15
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
0.18 x15.0 / 15
Age on Coinbase
survived a cycle
1.0 yrs1.5 / 10
usagecould not look — no source data
momentumcould not look — no source data

5 of 7 measurable; score renormalized over what was measurable.

Market cap
$22.8M
Fully diluted
$66.5M
24h volume
$1.1M
Circulating
258,063,612 of 1,000,000,000 max
All-time high
$0.8185 · 2025-10-15 (-92.3%)
TVL
$124.4M (protocol)
Fees 30d
—
Revenue 30d
—
Fees 1y
—
Mayer multiple
0.69 · cheap
Pi cycle
0.223
On Coinbase since
2025-10-15 (372 bars)
CoinGecko id
yield-basis

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources