Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list YB (Yield Basis) and support its trading soon. For the listing time, please pay attention to the further announcement.
About YB
YieldBasis allows users to deposit BTC into liquidity pools that track BTC price 1:1 without impermanent loss by leveraging a 2× leveraged Curve BTC/crvUSD pool. The protocol automatically rebalances the debt-to-value ratio via specialized contracts and arbitrage incentives. Users receive ybBTC as a receipt token and can either earn trading fees by staying unstaked or earn YB token emissions by staking ybBTC. YB token holders can lock tokens into veYB for governance rights and protocol revenue share. Founded by Michael Egorov, YieldBasis combines advanced DeFi mechanics to deliver secure, efficient BTC yield farming.
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
Oct 13, 2025