Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$1.067
Market Cap:
$0
All Time High:
89.44% $72.67
Mar 18, 2024
All Time Low:
1873% $0.39
Dec 28, 2023
Yield Yak AVAX
YYAVAX62.70 %(1Y)
$7.68
About Yield Yak AVAX
Yield Yak AVAX (YYAVAX) is a liquid staking derivative token deployed on the Avalanche C-Chain. It encapsulates staked AVAX in a transferable format, bridging P-Chain validation yields with the composability of C-Chain decentralized finance.
The token addresses a fundamental friction in proof-of-stake ecosystems: the opportunity cost of locked capital. By tokenizing staked AVAX, yyAVAX enables holders to earn native validator rewards while retaining full asset mobility across lending protocols, decentralized exchanges, and yield optimizers. Yield Yak, an Avalanche-native builder of automated yield strategies, engineered the token in partnership with Geode Finance’s liquid staking infrastructure and the Eden Network validator collective.
The token operates on the Avalanche C-Chain network as an ARC-20 compatible asset. Underlying AVAX deposits are delegated to a curated set of high-uptime validators, with staking rewards accruing continuously to the pool and reflected in a rising exchange rate between yyAVAX and AVAX.
Smart contract interactions occur via the address 0xf7d9281e8e363584973f946201b82ba72c965d27 on Snow Trace. The derivative mirrors the ERC-20 standard, integrating with any C-Chain application capable of handling fungible tokens. Geode Finance’s infrastructure ensures non-custodial delegation and slashing protection, while a multi-party computation scheme distributes stake across Eden Network validators to mitigate centralization risk.
Yield Yak, the project responsible for deploying automated compounding vaults across Avalanche, conceived yyAVAX as an extension of its yield aggregation toolset. No individual founders are identifiable in the documentation; the initiative represents a collaborative protocol-level expansion driven by the Yield Yak DAO and its partners. The initial rollout included a capped event set at 100,000 tokens, after which the supply became dynamic based on staking demand.
Wider adoption of liquid staking derivatives on Avalanche aims to eliminate the fragmentation between staking participation and liquidity provisioning. By converting an illiquid, network-securing action into a freely transactable asset, the protocol strengthens capital efficiency and deepens liquidity across the entire DeFi landscape on Avalanche. That design intention distances the token from mere passive holding, pushing it toward active utility in money markets and decentralized exchange pools.
yyAVAX functions as a perpetual, auto-compounding receipt. The token’s price quotation against AVAX appreciates algorithmically, mirroring the growth of the underlying staking position. Traders can move it peer-to-peer, supply it as collateral on lending markets, or split it into principal and yield components via structured products.
Validators participate by operating nodes, but the token’s utility extends to liquidity providers. Early depositors who supplied yyAVAX to designated AMM pools received incentive rewards during the capped genesis phase. Now, any holder can deposit yyAVAX into lending markets to borrow against it, sell it instantly on the open market, or use it as the base asset in yield farming strategies—actions impossible with native staked AVAX directly.
Yield Yak AVAX has a total supply of 41,305 tokens. Currently, 0 are in circulation. With a market capitalization of $0, Yield Yak AVAX ranks #4,426 among all cryptocurrencies.
Why is manual trading Yield Yak AVAX a bad idea?
Manual yyavax trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
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AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Yield Yak AVAX (YYAVAX) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live YYAVAX price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Yield Yak AVAX (YYAVAX) is $7.68. Over the last 24 hours, it has moved 0.00%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Yield Yak AVAX on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your YYAVAX investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Yield Yak AVAX's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - YYAVAX can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Yield Yak AVAX is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. YYAVAX can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
