The first phase of the Binance wallet Prime Sale Pre-TGE project YieldBasis (YB) officially started subscription on October 13. As a new sales model launched by Binance that allows users to access mature projects before the official launch of blockchain projects, YB has attracted widespread attention in the market.
According to data, the price of YB in the OTC market has reached 0.98 USD, which is several times higher than its public offering price of 0.2 USD. Some platforms have even seen transaction prices as high as 1.5 USD, with an increase of over 700%.
01 What is YieldBasis? A new solution to address the pain points of Decentralized Finance.
YieldBasis (YB) is a decentralized finance protocol designed to enable BTC and ETH holders to earn sustainable returns through leveraged liquidity provision while mitigating common DeFi risks—impermanent loss.
The protocol was created by Michael Egorov, the founder of Curve Finance, and launched on Ethereum in early 2025, using Curve’s crvUSD and leveraged liquidity to enhance yields.
Unlike traditional Decentralized Finance protocols, YieldBasis transforms idle BTC into productive assets through an innovative AMM mechanism that mathematically neutralizes impermanent loss.
This feature allows YB to stand out among many DeFi projects, especially attracting holders who wish to gain additional returns while maintaining exposure to BTC.
The core mechanism of 02 YB: The secret of zero impermanent loss
The core of YieldBasis’s "zero impermanent loss" lies in its unique 2x leverage automated market maker mechanism and automatic rebalancing system.
Leverage Liquidity Provision
The protocol supplements the assets on the other side through lending, allowing liquidity providers to maintain a balanced ratio at all times, thereby reducing impermanent loss caused by price fluctuations.
subsidy model
Transaction fees are used to pay interest on loans and rebalancing expenses, creating a sustainable yield loop.
Automatic Rebalancing
The system will automatically perform arbitrage operations to ensure that the user’s exposure remains consistent with the spot price, reducing the need for manual management.
This mechanism allows YB to provide BTC and ETH holders with a target annual return of 10-20%, which is significantly higher than the yield levels of traditional automated market makers.
03 YB on Binance Alpha: Subscription Details and Market Heat
The Prime Sale Pre-TGE launched by Binance Wallet is a new sales model that allows users to access more advanced and mature projects before the official launch of blockchain projects.
YB Subscription Key Information
- Subscription Time: October 13, 2025, 08:00 - 10:00 (UTC), which is from 4 PM to 6 PM Beijing Time.
- Subscription price: 0.1 USD per YB, equivalent to BNB Payment
- Token supply: 25 million YB, accounting for 2.5% of total supply.
- User limit: Each user can hold up to 3 BNB
- Eligibility to participate: You need to use Binance Alpha points to participate.
- Trading begins: October 15, 2025, 10:00 (UTC) on Binance Alpha
Market Heat and Off-exchange Performance
YieldBasis has shown astonishing market enthusiasm even before its official trading. The highest OTC transaction price reached 1.5 dollars, an increase of over 700% compared to the pre-sale price.
Even with conservative estimates, the OTC price of $0.98 has risen nearly 4 times compared to the public offering price of $0.2, showing the market’s high expectations for YB.
04 YB Token Economics: Comprehensive Analysis
Understanding the tokenomics of YB is crucial for assessing its long-term value:
Token Supply Structure
YB has a fixed total supply of 1 billion tokens, with an initial circulating supply of approximately 300 million coins, accounting for 30% of the total.
Token Distribution
- Liquidity Incentives: 30% (Inflation Issuance)
- Team: 25%
- Ecosystem Reserve: 15%
- Investor: 12.1%
- Curve License: 7.5%
- Protocol Development: 7.4%
- Liquidity/Curve Voting Reserve: 3%
veYB governance model
A model similar to Curve, locking veYB can increase returns by up to 2.5 times and capture fees, providing additional incentives for long-term holders. Staking YB can yield an annualized return of about 5%.
05 How to Participate in YB Trading and Investment Strategies on Gate
For users of Gate, although the first sale of YB was conducted on Binance, there are still various ways to participate:
Trading opportunities after listing
YB will start trading on Binance Alpha on October 15 at 10:00 (UTC), and usually other exchanges will quickly follow suit.
Gate users can closely follow official announcements and can directly trade once YB is launched.
Investment strategy considerations
Considering that YB has already seen significant increases in the over-the-counter market, investors need to carefully formulate their strategies:
- Pay attention to the opening price: If the spot opening falls below 1 dollar, short-term opportunities can be considered.
- Long-term value assessment: Evaluating the actual adoption rate and protocol revenue of YB.
- Diversified investment: Avoid excessive concentration in one asset
Risk Management
Although YB is innovative, there are still risks:
- Model risk: It has not yet been verified whether the model for leveraged liquidity provision can operate successfully in the long term.
- Market Risk: The cryptocurrency market is highly volatile.
- Liquidity risk: newly listed tokens may face insufficient liquidity.
The Future Outlook and Industry Impact of 06 YB
The emergence of YieldBasis marks a shift in the DeFi space towards addressing the actual pain points of users. For Bitcoin and Ethereum holders, YB provides an opportunity to earn on-chain returns without bearing the risk of impermanent loss.
Industry significance
YB represents a new direction in the development of Decentralized Finance:
- Bitcoin Yield Innovation: Providing a New On-Chain Yield Entry for BTC Holders
- Impermanent loss solutions: attempting to address one of the most persistent issues in the Decentralized Finance space.
- Institutional Suitability: May provide a more reliable entry point for institutional investors into Decentralized Finance.
Development prospects
In the long run, the success of YB will depend on its actual adoption, protocol revenue, and the ability to expand to more asset pools. If its model is successfully validated, it may extend to more asset pools such as ETH.
Future Outlook
As the YieldBasis token officially starts trading on Binance Alpha on October 15, all eyes are focused on whether this innovative protocol can deliver on its promised high yields and zero impermanent loss.
For Gate users looking to participate in this emerging project, it is recommended to closely follow the YB launch announcement and make decisions cautiously based on individual risk tolerance.
In the DeFi space, projects like YB that attempt to address core pain points rather than simply replicating existing models may be the innovation needed for the next stage of industry development.
