CLO (Yei Finance) increased by 20.58% in the past 24 hours, with a market capitalization of approximately $49.1 million

ARB11,38%
ETH1,28%
API32,69%

Gate News Bot Message, December 31st, according to CoinMarketCap data, as of press time, CLO (Yei Finance) is currently priced at $0.38, up 20.58% in the past 24 hours, with a high of $0.38 and a low of $0.21. The 24-hour trading volume reached $8,004,000. The current market capitalization is approximately $49.1 million, an increase of $8.38 million from yesterday.

Yei Finance is a multi-chain DeFi platform offering lending, trading, and cross-chain bridging services. The platform’s main products include YeiLend (providing high-yield lending services), YeiSwap (a zero idle liquidity trading protocol), and Pre-Deposit Vaults (cross-chain deposit services). Users can make one-click deposits on multiple chains such as Sei, Arbitrum, and Ethereum to earn real yields and Clovis points. YeiSwap supports double returns on single deposits and offers liquidity mining, lending interest, and additional trading rewards. The platform has received support from ecosystem partners including API3 and LayerZero, with security audits conducted by organizations such as BlockSec and Hypernative.

Important recent news about CLO:

1️⃣ Multi-chain ecosystem layout supports price appreciation
As a multi-chain DeFi platform, Yei Finance has deployed on major public chains including Sei, Arbitrum, and Ethereum, leveraging one-click deposit mechanisms to lower user barriers. The ecosystem partners include leading infrastructure providers like API3 and LayerZero, forming a relatively complete ecosystem loop, which helps increase user stickiness and platform activity, providing fundamental support for this round of price growth.

2️⃣ Innovative yield mechanisms attract capital inflow
YeiSwap trading protocol adopts a zero idle liquidity model, supporting users to earn double returns on single deposits. Combined with multi-layer incentives such as liquidity mining, lending interest, and trading rewards, this creates a differentiated yield appeal. This diversified yield combination helps attract incremental funds in the competitive DeFi space, driving trading volume and market enthusiasm upward.

3️⃣ Security audit endorsement enhances investor confidence
The platform has been audited by professional security firms such as BlockSec and Hypernative, further strengthening recognition of the project’s security and compliance. Third-party audit endorsements are important for building trust in DeFi projects, helping attract institutional and conservative investors, and boosting overall market enthusiasm.

This message is not investment advice. Investors should be aware of market volatility risks.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Altcoin XRP Forms Elliott Wave on the Weekly Price Chart, Potential Bullish Divergence Ahead?

Altcoin XRP forms Elliott Wave on the weekly price chart.  A potential bullish divergence lies ahead for XRP price.  Can Ripple’s XRP go on to set a new ATH this year? Several altcoins continue to show promising price pump indicators across their various price charts, allowing analysts t

CryptoNewsLand37m ago

BTC drops 0.52% in 15 minutes: Whale inflows to exchanges combined with insufficient liquidity amplify sell pressure

From 2026-04-17 10:15 to 2026-04-17 10:30 (UTC), the BTC price rapidly fell within the 75214.3 – 75725.9 USDT range. The cumulative return over 15 minutes was -0.52%, and the amplitude reached 0.68%. During this period, market sentiment shifted from cautious to bearish, volatility on the board increased, mainstream trading pairs saw an increase in主动 sell-side volume, buy-side acceptance became constrained, and overall trading activity declined significantly. The primary driver behind this unusual move is that large holders (whales) concentrated their short-term inflows into exchanges. On-chain data shows that net inflows to addresses holding more than 1000 BTC per address changed from a steady state to a positive value, directly boosting exchange balances over the short term. Historical data indicates that whale inflows to exchanges are highly correlated with sell pressure in the medium to short term. In the same period, order book snapshots reflected a significant increase in the volume of主动 sell orders, and the成交价梯度 shifted downward, highlighting that weak market absorption capacity caused a short-term drop in price. In addition, in the derivatives market, the long/short positioning structure tilted toward shorts. The number of主动 sell contracts exceeded that of buys in a short time, and rising pressure to close long positions further intensified the downtrend. Market liquidity overall was relatively weak; the number of active addresses over the past 10 minutes was only about 42k, and both fees and the mempool were near their lowest levels of the recent month. Against a backdrop of insufficient capital absorption, the marginal impact of large sell orders was amplified. On the macro front, the Federal Reserve’s monetary policy tightening and industry media repeatedly downgraded BTC’s near-term expectations led investors’ risk appetite to generally decline, creating a resonance at the level of market sentiment. In the short term, it is still necessary to stay alert to liquidity risk and the price impact of one-way large transactions in specific trading pairs. Going forward, focus on key developments such as changes in whales’ on-chain holdings, exchange balances, and rebounds in activity metrics, as well as the potential impact of macro policy direction on risk assets. Relevant users should primarily guard against the risk of sharply amplified short-term price volatility and promptly track more market information.

GateNews2h ago

Popular Analyst Remains Aggressively Bullish on Crypto Prices, Predicts Parabolic Surges Soon

Popular analyst remains aggressively bullish on crypto prices.  The expert then predicts parabolic surges soon.  The move could spark dead coins into pumping heavily as well. The crypto community continues to hold

CryptoNewsLand2h ago

RAVE, SIREN Rally Despite Manipulation Warnings

Rave DAO and Siren tokens surged to near all-time highs, facing volatility and liquidation risks. Concerns grew over potential market manipulation and supply concentration, particularly for RAVE. A new KuCoin listing boosted RAVE's visibility, despite inherent trading risks.

CryptoFrontier3h ago

ETH rises 0.65% in 15 minutes: ETF fund inflows and leverage long accumulation resonate to lift spot prices

Between 2026-04-17 09:15 and 2026-04-17 09:30 (UTC), ETH fluctuated within the 2351.53 to 2376.99 USDT range. The 15-minute return recorded +0.65%, with a swing of 1.08%. Within this range, buying pressure significantly strengthened, with trades dominated by medium-sized orders, which increased market attention and amplified short-term volatility. The main drivers behind this anomaly are continued inflows of institutional capital into ETH spot ETFs, especially with cumulative net inflows over the past 4 days exceeding $212 million. On April 17 alone, the ETF added an additional $9.5 million in inflows, and spot buy orders expanded in sync within 15 minutes. Leveraged long positions in the derivatives market are the second-largest catalyst. From April 14 to 17, ETH futures open interest grew 26% week over week, indicating that capital via multiple paths is simultaneously betting on an upside move. The funding rate being neutral suggests the leveraged structure is temporarily healthy. In addition, global macro market risk appetite has rebounded (geopolitical tensions easing, and the Federal Reserve keeping rates unchanged), driving a broad rebound across mainstream risk assets, and the crypto market has attracted liquidity accordingly. At the industry level, major financial institutions are advancing filings for ETFs and trust products. Mining companies have increased their ETH holdings and also maintained active staking activity, further reinforcing medium- to long-term market expectations. Multiple factors overlap and resonate, amplifying volatility. On-chain transfers remain generally stable, and there is no abnormal concentration of fund flows migrating between exchanges. What needs attention is that although the current market is lifted by the resonance of institutional capital and leverage, the continuous growth of futures positions combined with the spot price failing to rise above the 2400 USDT area will bring the risk of forced liquidation. Meanwhile, if ETF subscription inflows slow down or macro liquidity reverses, ETH spot support could weaken. Please focus on tracking ETF net inflows, changes in futures open interest, the macro news backdrop, and nearby support and resistance levels, and stay alert to short-term volatility and potential abrupt adjustments. For more real-time market information, please keep watching.

GateNews3h ago

BTC up 0.58% in 15 minutes: exchange net outflows and ETF buy orders converge to lift the price

Between 2026-04-17 08:45 and 2026-04-17 09:00 (UTC), the BTC price surged in the short term. The candlestick return was +0.58%, with a price range of 75265.0 - 75862.3 USDT and a range of 0.79%. Market volatility increased and attention rose, with trading volume significantly higher than usual, reflecting a convergence between capital flow and technical signals. The main driver behind this unusual move is the exchange’s net outflow of BTC in sync with ETF capital inflows. Data shows that within the past 24 hours, exchanges recorded a net outflow of 2,844.68 BTC

GateNews3h ago
Comment
0/400
No comments