CLO (Yei Finance) up 49.60% in 24 hours, with a market cap of approximately $53.9 million

SEI-3,41%
ARB-4,18%
ETH-5,98%

Gate News Bot Message, January 06, according to CoinMarketCap data, as of press time, CLO (Yei Finance) is currently priced at $0.42, up 49.60% in the past 24 hours, with a high of $0.48 and a low of $0.27. The 24-hour trading volume reached $25.2 million. The current market capitalization is approximately $53.9 million, an increase of $17.9 million from yesterday.

Yei Finance is a multi-chain DeFi platform offering cross-chain lending, trading, and asset bridging services. Its core products include the YeiLend lending protocol, YeiSwap exchange, and Pre-Deposit Vaults cross-chain storage. Users can perform one-click cross-chain deposits on multiple blockchains such as Sei, Arbitrum, Ethereum, and HyperEVM, while earning real yields and Clovis points rewards. YeiLend provides lending markets for various assets including USDC, SEI, WETH, WBTC, etc.; YeiSwap features zero slippage trading and high-yield liquidity mining. The platform has received support from ecosystem partners like API3 and LayerZero, and has been audited by security agencies such as BlockSec, Hypernative, and PeckShield.

Important Recent News about CLO:

1️⃣ Multi-Chain Ecosystem Layout Supports Price Appreciation
As a multi-chain DeFi platform, Yei Finance has deployed on mainnets including Sei, Arbitrum, and Ethereum, leveraging one-click deposit mechanisms to lower user participation barriers. The platform has established ecosystem partnerships with infrastructure providers like API3 and LayerZero, forming a relatively complete ecosystem loop. This multi-chain layout and ecosystem collaboration help increase user stickiness and platform activity, providing fundamental support for the nearly 50% price increase in this round.

2️⃣ Innovative Yield Mechanism Builds Differentiated Competitive Edge
YeiSwap’s trading protocol adopts a zero-idle liquidity model, supporting users to earn double yields in a single deposit, combined with multi-layer incentives such as liquidity mining, lending interest, and trading rewards. This diversified yield combination creates a unique appeal in the competitive DeFi space, effectively driving capital inflow and trading volume growth, boosting market enthusiasm. Compared to a market cap of $49.1 million on December 31, the current market cap has reached $53.9 million, with market cap growth resonating with increased trading activity.

3️⃣ Third-Party Audits Reinforce Investor Confidence
The platform has been audited by professional security firms like BlockSec and Hypernative. Third-party audit certification is crucial for trust-building in DeFi projects, helping attract institutional and risk-averse investors, and supporting sustained market enthusiasm and further price increases.

This message is not investment advice; please be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum price approaches $1,900 support, buy-sell ratio rebounds hinting at a potential key turning point for ETH

Ethereum's recent price has been fluctuating around $1,950, down about 4% in the past 24 hours, with a monthly decline of 35%. The derivatives market buy-sell ratio is gradually rising back to around 1, indicating an improvement in bullish activity. From a technical perspective, ETH remains bearish, with key support levels between $1,850 and $1,880. A break above $2,000 could trigger a rebound. The buy-sell ratio and trading volume will be important indicators for assessing price trends.

GateNews17m ago

Bitcoin price stalls at the $72,000 resistance level, losing a key support. Is $60,000 the dividing line between bulls and bears?

Bitcoin price encounters resistance near $72,000, with short-term momentum weakening, indicating insufficient buying strength. Technical analysis shows the market may accept lower prices, with the current key support level at $60,000. A break below could trigger a deeper correction, and short-term risk favors a downward trend.

GateNews19m ago

Hyperliquid price decline continues? After facing resistance at $35, it may drop to the key support level at $22

Hyperliquid price encounters resistance at a high level, forming a "lower high" structure, and the bearish trend remains unchanged. The price has not stabilized above the POC support, and the market is turning downward for correction. The next support zone is between $22 and $21. Whether this area provides support will influence the subsequent trend, so caution is advised.

GateNews26m ago

Bitcoin drops back to $65,000! PPI exceeds expectations and Nvidia's sharp decline drag down, Solana, XRP, and Dogecoin all pull back collectively

Bitcoin retreated due to the US PPI exceeding expectations and Nvidia's stock price declining, falling to $65,735, a weekly decrease of 2.8%. Altcoins such as Solana and Ethereum experienced even larger drops. Despite strong Bitcoin ETF fund inflows, the overall market remains under pressure, with attention on price range support and the potential for a future rebound.

GateNews42m ago

Top Market Maker Wintermute Revealed: Are Retail Investors No Longer Trading Crypto?

Wintermute's report indicates that retail investors' confidence in cryptocurrencies is waning, and they are beginning to pay attention to the stock market. Since the end of 2024, retail investment activities in cryptocurrencies and stocks have shown an inverse relationship, with retail investors making choices between the two. Additionally, the volatility advantage of cryptocurrencies is diminishing, and technical factors such as trading convenience and AI analysis capabilities are also influencing retail investment decisions. Overall, the crypto market is no longer the main battleground for retail investors, and investment opportunities should be viewed from a cross-asset portfolio perspective.

TechubNews50m ago

Bitcoin and gold trends diverge; cooling speculative sentiment is the root of the disagreement

Since the beginning of 2024, gold prices have increased by 153%, while Bitcoin has fallen by about 30%. This gap is due to the cooling of Bitcoin speculative sentiment, which is related to tech stocks, whereas gold is closely linked to the growth of the global M2 money supply. The crypto market's demand for gold has risen, with Binance gold futures trading volume surging, indicating that investors are shifting funds into traditional hard assets.

MarketWhisper56m ago
Comment
0/400
MrThanks77vip
· 01-06 01:40
2026 GOGOGO 👊
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)