$YB is strong compared to the market

Light Long

- YieldBasis has proven significant success with its product, filling 150 million TVL with Bitcoin in just 20 minutes and achieving a registration sales figure exceeding 273 times, indicating robust market demand and community interest.
- The protocol has maintained 99% TVL despite the broader DeFi market downturn, generating 3.84 million in protocol fees for the YB vault without any security incidents over the past seven months, highlighting its stability and revenue-generating capability.
- $YB has seen a notable price increase, rising from 0.1239 to 0.1260 in the last two hours, with the RSI (6) currently at 71.27, indicating growing buying interest.
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