yearn.finance (MYFI) token details and latest market info

The yearn.finance token bridged to multiple chains under the ticker MYFI opened on Feb 19 2021 and is currently listed without a live price on CoinDesk, highlighting limited market visibility for the bridged asset [1].

Token launch and bridging architecture

The MYFI token represents the original YFI token after being moved onto the Multichain Bridge (formerly Anyswap). The bridge issues a separate contract on each supported network—Fantom, Moonriver and Fusion—so that the original Yearn project is not liable for any security or governance issues that may arise on those chains [1]. This separation is intended to give investors clearer tracking of assets across liquidity pools and to isolate potential vulnerabilities.

Market data and tokenomics

CoinDesk’s price page for MYFI shows no chart data, indicating that the token lacks a reliable price feed on that platform [1]. CoinMarketCap’s YFI page notes a fixed total supply of 30,000 YFI coins, with the majority already in circulation and an all‑time high of $41,000 reached in September 2020 [2]. Because MYFI is a bridged representation, its supply mirrors the main YFI token, but the absence of a live price makes market‑cap calculations unavailable on the sources consulted.

What to watch

• Bridge activity – Large‑wallet transfers or contract upgrades on the Multichain Bridge could affect MYFI liquidity.
• Supply milestones – Any future unlocks or burns of the underlying YFI supply would be reflected in MYFI’s on‑chain balances.
• Listing updates – New exchange listings or the appearance of a live price feed on major data sites would provide clearer market signals.

The lack of a current price for MYFI underscores the challenges of tracking bridged tokens that depend on multiple chain infrastructures. Until a reliable market feed emerges, investors must rely on on‑chain activity and the health of the underlying YFI token to gauge MYFI’s value.