APY.Finance
APY Price
How is the price of APY.Finance (APY) calculated?
The price of APY.Finance (APY) is calculated in real-time by aggregating the latest data across 1 exchanges and 1 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
APY.Finance Price Chart (APY)
1h | 24h | 7d | 14d | 30d | 1y |
---|---|---|---|---|---|
- | - | - | - | - | - |
APY Converter
Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$70,068.96 |
---|---|
Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.66 |
Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.17 |
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$105,414 |
Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
0.25 |
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$3.76 |
Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$424,590 |
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
66,469,950
Total
100,000,000
Investor, Team, and Community Vesting Funds
(0x7e9b)
- 33,530,049
Est. Circulating Supply
66,469,950
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
100,000,000 |
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
100,000,000 |
APY Historical Price
24h Range | - – - |
---|---|
7d Range | $0.001038 – $0.001064 |
All-Time High |
$7.04
-
Feb 13, 2021 (over 3 years)
|
All-Time Low |
$0.0009692
-
Aug 05, 2024 (2 months)
|
How do you feel about APY today?
What is APY.Finance?
APY.Finance is a smart contract protocol that functions like a robo-advisor for yield-farming. It offers a single place for users to deposit their tokens and the protocol will then do all the work in pooling liquidity from other users, rebalancing the portfolio, and distributing gas costs evenly. In short, APY.Finance makes it cheaper for users to participate in yield-farming.
What are APY tokens?
The APY token is APY.Finance’s native governance token. As the platform is developed further, APY tokens will be used to shape the direction of its future.
APY tokens will be developed in 3 stages:
- Stage 1 - Token holders can vote to change system parameters such as fees and rebalance thresholds
- Stage 2 - Token holders can vote to change the parameters of the strategies such as locking periods and collateralization ratios
- Stage 3 - Token holders can vote for new strategies to be implemented for the portfolio
You may read APY.Finance’s Medium post to know more about the APY tokens and its tokenomics.
How does APY.Finance work?
Users will first deposit stablecoins such as DAI, USDC or USDT into the APY Liquidity Pool. Upon depositing their stablecoins, users will be given an amount of APT tokens proportional to their share of the pool. Users can withdraw their funds and yield-farming profits at any time by redeeming their APT tokens.
After a deposit is made, APY.Finance will automatically direct the funds to yield-farming strategies. The platform’s smart routing system redirects the funds not just solely with the intention of capitalizing on the highest yield, but also based on the risks involved.
Capital is distributed based on a strategy’s risk score, represented by a number between 0 and 10 to the power of 18. A strategy’s initial risk score is set when the strategy contract is deployed. This risk is assessed by the team based on a variety of factors.
If a strategy has high yield but also high perceived risk, some capital will be allocated to capture the upside but only a limited amount to reduce the downside. To know more about how the platform works, you may refer to this Medium post.
How do I get APY tokens?
Besides that, you can obtain APY tokens by purchasing them from decentralized exchanges such as Balancer or Uniswap. You can also find APY trading on other various centralized and decentralized cryptocurrency exchanges.
You can also earn APY tokens by participating in the liquidity mining and liquidity provider rewards program. To earn APY tokens through liquidity mining, users can deposit stablecoins into the APY.Finance’s liquidity contract. The liquidity provider rewards program lets users receive APY tokens for providing liquidity to the Uniswap and Balancer pools.
The rewards are proportional to the amount of stablecoins or LP tokens provided. APY tokens earned will be vested block-by-block over a 6-month period, using the Synthetix vesting contract.
Where can you buy APY.Finance?
APY tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade APY.Finance is Uniswap V2 (Ethereum), where the most active trading pair APY/WETH has a trading volume of $3.77 in the last 24 hours.
What is the daily trading volume of APY.Finance (APY)?
The trading volume of APY.Finance (APY) is $3.76 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for APY.Finance (APY)?
The highest price paid for APY.Finance (APY) is BTC0.0001856, which was recorded on Feb 13, 2021 (over 3 years). Comparatively, the current price is - lower than the all-time high price.
What is the all-time low for APY.Finance (APY)?
The lowest price paid for APY.Finance (APY) is BTC0.071677, which was recorded on Aug 05, 2024 (2 months). Comparatively, the current price is - higher than the all-time low price.
What is the market cap of APY.Finance (APY)?
Market capitalization of APY.Finance (APY) is BTC1.1242 and is ranked #4893 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of APY tokens (66 Million tokens are tradable on the market today).
What is the fully diluted valuation of APY.Finance (APY)?
The fully diluted valuation (FDV) of APY.Finance (APY) is BTC1.6913. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million APY tokens are in circulation today. Depending on how the emission schedule of APY tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of APY.Finance compare against its peers?
With a price increase of 0.00% in the last 7 days, APY.Finance (APY) is underperforming the global cryptocurrency market which is up 1.30%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add APY.Finance (APY) to MetaMask?
Adding APY.Finance (APY) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import APY as a token. You can copy APY’s contract address (0x95a4492f028aa1fd432ea71146b433e7b4446611) and import it manually, or if you've installed MetaMask's chrome extension, add APY to MetaMask with one click on CoinGecko.
Add APY to MetaMask.