DeFi · rank #303

yearn.finance YFI

YFI cycle analysis · chart, confirmed lows and fundamentals

$2,224-1.1% 1d-1.6% 7d-4.0% 30d

Amber List Phoenix · weekly · score 40 mixed

62.9% below its 365-day high of $6,000 (2025-11-07), +40.6% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
1,6184,76014,0032024-052025-072026-10low 1,582 (90%)monthly trigger 2,850
Where it stands

On the Amber List.

A crash of 7.2 daily-vol units over 20 days, 63% below its rolling 365-day high.

Phoenix weekly: stopped falling by the rules, +40.6% above the Jul 2026 trough. Details below.

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 2U

Last bars
2Dr 3g 1g 1g 2Ur
Confirmed low
$4,386 · 2025-06-30
Position
16 of median 5.0 (max 8)
Current low
$1,582 · unconfirmed
Confirms above
$2,850
Cycle-low confidence
54%
Confirmed lows
13

Weekly 1

Last bars
2Ug 2Ug 2Dr 2Dr 1g
Confirmed low
$1,945 · 2026-09-20
Position
5 of median 5.0 (max 18)
Current low
$2,139 · unconfirmed
Confirms above
$2,447
Cycle-low confidence
54% · in band
Confirmed lows
51

Daily 1

Last bars
2Dr 2Dg 1r 3g 1r
Confirmed low
$2,148 · 2026-10-15 (daily)
Position
6 of median 4 (max 21)
Current low
$2,139 · unconfirmed
Confirms above
$2,277
Cycle-low confidence
47%
Confirmed lows
414
The full read, in sentences
  • Monthly: forming bar is a red 2-Up. Last confirmed swing low 4,386 (Jun 2025), month 16 of a cycle that has typically run 5. Current low 1,582 is unconfirmed — it confirms above 2,850. Cycle-low confidence 54%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 1,945 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 2,139 is unconfirmed — it confirms above 2,447. Cycle-low confidence 54%.
  • Daily: bar is a red inside bar. Last confirmed swing low 2,148 (2026-10-15), day 6 of a cycle that has typically run 4. Current low 2,139 is unconfirmed — it confirms above 2,277. Cycle-low confidence 47%.
  • Amber List: 63% below the 2025-11-07 high; +41% off the 365-day low.
  • Phoenix: 90% decline over 32 months, weekly swing low confirmed (next-bar), now +41% above the trough; pullback #2 confirmed 2026-09-27.
  • Gauges: Mayer multiple 0.98 (cheap); -60% vs the 200-week average; -97% from the all-time high.

Has yearn.finance bottomed?

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

Monthly: the last confirmed swing low is $4,386 from 2025-06-30. A newer candidate at $1,582 is unconfirmed; its confirmation level is above $2,850, provided the candidate low is not undercut first. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $1,945 from 2026-09-20. A newer candidate at $2,139 is unconfirmed; its confirmation level is above $2,447, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $2,148 from 2026-10-15. A newer candidate at $2,139 is unconfirmed; its confirmation level is above $2,277, provided the candidate low is not undercut first.

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

How far is yearn.finance below its high?

The Coinbase price snapshot is 62.9% below its rolling 365-day high of $6,000 from 2025-11-07. Separately, CoinGecko reports -97.5% relative to its all-time high of $90,787 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. Watch · Phoenix weekly → Amber List · Phoenix weekly
  2. First observed: Watch · Phoenix weekly

Phoenix

stopped falling, by the rules
Peak
$15,869 · Nov 2023
Trough
$1,582 · Jul 2026
Decline
-90.0% over 32 months
Above trough
+40.6%
Monthly
not yet · trigger $2,850
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #2 low $1,945 confirmed 2026-09-27 · trigger $2,288
Score 40
decline30
confirmation10
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health73 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
11.21 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.02 x14.9 / 15
Size (market-cap rank)
survivorship
303 #0 / 15
Age on Coinbase
survived a cycle
6.1 yrs10.0 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

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

Market cap
$95.3M
Fully diluted
$96.9M
24h volume
$10.7M
Circulating
36,076 of 36,666 max
All-time high
$90,787 · 2021-05-11 (-97.5%)
Mayer multiple
0.984 · cheap
vs 200-week avg
-60.3%
Pi cycle
0.407
On Coinbase since
2020-09-15 (2228 bars)
CoinGecko id
yearn-finance

Continue your cycle research

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