It’s Now Cheaper to Buy One Bitcoin Than to Buy a Single DeFi Token YFI

CORRECTION (Aug. 20, 13:06 UTC): Adds context at the top of the story to make it clear it’s the price of a single YFI that’s more expensive than a single BTC and that the overall market value of bitcoin continues to be vastly greater.
Though the total market value of’s governance token (YFI) is still little more than a rounding error compared with sector behemoth bitcoin’s (BTC), the explosive growth of decentralized finance (DeFi) along with the recent fallback in BTC (BTC) have propelled the price of a single YFI past that of its much bigger crypto sibling.

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