Yearn Finance (YFI) down 97% from all-time high as yETH exploit and governance crisis deepen
- —YFI trades at $2,629 with a $94.9 million market cap, ranking 309th
- —Down 97.1% from the May 2021 peak of $90,787
- —yETH exploit on Nov 30, 2025 minted 2.35×10^56 LP tokens
- —Only 3.76% of supply is staked; 12 voters decide governance
Why it matters: The YFI case shows how a formula flaw in a DeFi protocol and weak governance can destroy value even for a pioneering project.
Source: Bing News (crypto query)