Beefy Finance (BIFI), a decentralized finance (DeFi) platform, enables users to earn yield through its multi-chain yield optimizer. Recently, BIFI has seen some fluctuations, with a current trading price of approximately $16.70 and a 24-hour high of $16.99. Over the past year, BIFI has declined about 38%, reflecting broader market trends in the DeFi space.
As a platform, Beefy Finance maximizes yield by auto-compounding returns on assets held across multiple blockchains, such as Ethereum, Binance Smart Chain, and Avalanche. This gives users flexibility in optimizing returns without manually reinvesting. BIFI has a total market cap of around $1.3 million and a circulating supply of 80,000 tokens, highlighting its unique, capped supply model aimed at maintaining value over the long term.
You can track BIFI's real-time performance or learn more about its platform functionalities on CoinCodex and LiveCoinWatch.$BIFI
