Yield Basis is a new standard for liquidity provisioning in DeFi — one that transforms market volatility into sustainable yield, eliminating impermanent loss for liquidity providers once and for all.
$172M+Total Value Locked
4Active Markets
6.66%Highest Market Yield
0%Impermanent Loss
Mission
Our Mission
Yield Basis was built to solve one of DeFi's most persistent and costly problems: impermanent loss. Traditional automated market makers force liquidity providers to absorb the risk of price volatility, making passive liquidity provision a losing game for most participants.
We believe that volatility itself is not the enemy — it is a source of value. Yield Basis is designed to capture that value and redistribute it to liquidity providers as yield, fundamentally realigning incentives across the DeFi ecosystem.
Our mission is to create the infrastructure that makes liquidity provisioning sustainable, predictable, and rewarding for everyone — from individual token holders to institutional capital allocators.
Vision
Where We Are Going
The future of decentralized finance depends on deep, reliable liquidity. Today, that liquidity is fragile — dependent on unsustainable emissions and the willingness of LPs to absorb losses in exchange for temporary token rewards.
Yield Basis envisions a world where every asset in crypto can be traded with deep, stable liquidity backed by real yield — not inflationary incentives. A world where being a liquidity provider is as straightforward and profitable as holding yield-bearing assets in TradFi.
Through our novel market-making mechanism and the veYB governance model, we are building the financial primitives that will power the next generation of DeFi protocols.
Technology
How Yield Basis Works
At the core of Yield Basis is a fundamentally new approach to automated market making. Rather than simply concentrating liquidity in a static range, our protocol dynamically rebalances positions using a yield-bearing vault mechanism that captures the economic value of price discovery.
When markets move, traditional LPs lose. With Yield Basis, market movements trigger rebalancing events that generate realized yield — turning volatility from a liability into an asset.
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Volatility Yield
Every price movement in the market generates rebalancing yield distributed to liquidity providers. The more volatile the asset, the higher the potential yield.
🛡️
Zero Impermanent Loss
Yield Basis's architecture eliminates impermanent loss by design. Liquidity providers receive back the same asset they deposited, plus accumulated yield from market activity.
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veYB Governance
Lock YB tokens to receive veYB, gaining voting power over protocol parameters, gauge weights, and emission distribution. Long-term alignment drives better outcomes.
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Dual Yield Sources
Liquidity providers can earn from fundamental trading activity (FT APY) or from YB token emissions (Token APR) — or both — depending on their chosen market and strategy.
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Deep Liquidity
By making LP positions genuinely profitable, Yield Basis attracts and retains deep, sustainable liquidity that benefits traders with better prices and lower slippage.
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Ethereum Native
Built natively on Ethereum, Yield Basis leverages the most secure and liquid DeFi ecosystem. All smart contracts are audited and open-source on GitHub.
Values
What We Stand For
Everything we build at Yield Basis is guided by a set of core principles that define how we approach protocol design, governance, and community development.
01
Transparency First
All protocol mechanics, fee structures, and governance processes are fully public and auditable. We believe in radical transparency as the foundation of trust in decentralized systems.
02
Real Yield Over Emissions
Sustainable protocols generate real value. While we use YB emissions as a bootstrapping tool, our core goal is to make fundamental trading yield the primary return for liquidity providers.
03
Community Governance
Decisions about the protocol's future belong to the community. The veYB model ensures that those most committed to Yield Basis's long-term success have the greatest say in its direction.
04
Security Without Compromise
User funds are sacrosanct. Every line of code is audited, every mechanism stress-tested, and every upgrade subject to governance approval and time-lock delays.
05
Open Source Everything
Our code, research, and methodologies are open to the world. We believe that the best DeFi infrastructure is built collaboratively, with the entire ecosystem able to inspect, fork, and improve upon our work.
Roadmap
Our Journey
Yield Basis is on a clear trajectory from protocol launch to becoming the definitive liquidity infrastructure layer for DeFi. Here are the key milestones we have reached and those ahead of us.
Phase 1 — Completed
Protocol Launch & Initial Markets
Deployed the core Yield Basis smart contracts on Ethereum mainnet. Launched initial BTC-derivative markets (cbBTC, tBTC, WBTC) and WETH market. Achieved $172M+ TVL at launch.
Phase 2 — In Progress
Governance & veYB Activation
Full activation of the veYB locking and governance system. Community-driven gauge voting for emission allocation. First governance proposals and voting rounds through the Yield Basis forum.
Phase 3 — Upcoming
Market Expansion
Expansion to additional asset pairs and networks. Integration with external protocols and yield aggregators. New market types designed for LSTs and stablecoins.
Phase 4 — Future
Ecosystem & Partnerships
Strategic partnerships with leading DeFi protocols. Yield Basis as the foundational liquidity layer powering next-generation AMMs, lending markets, and derivatives platforms.
Team
The People Behind Yield Basis
Yield Basis is built by a team of experienced engineers, researchers, and DeFi practitioners who have been at the frontier of decentralized finance since its earliest days. We are a fully remote, pseudonymous team united by a shared vision of better liquidity infrastructure.
YB
Core Dev Team
Protocol Engineering
Seasoned smart contract engineers with experience across major DeFi protocols, specializing in AMM design and capital efficiency optimization.
Rsch
Research Team
Protocol Research
Quantitative researchers with backgrounds in market microstructure, financial mathematics, and mechanism design. Architects of the volatility yield framework.
Gov
Governance Team
Community & Governance
Community builders and governance specialists ensuring the Yield Basis protocol evolves through fair, transparent, and participatory decision-making.
Sec
Security Team
Security & Audits
Dedicated security researchers responsible for ongoing protocol monitoring, audit coordination, and the responsible disclosure program.
Start Earning with Yield Basis
Provide liquidity, earn from volatility, and take part in protocol governance.