DeFi Protocol YieldBasis (YB) Price Pops 15% After Upbit Listing: ATH Back on the Table

The price of YB, the native token of Bitcoin leveraged liquidity protocol built on Curve Finance, YieldBasis, has jumped by 15% today.

This development happened after the South Korean exchange Upbit listed the token. At the time of writing, YB trades around $0.44.

Here is how it all played out, and what could be next for YB’s price.

YieldBasis Breaks Out

On the 4-hour chart, YieldBasis has broken above the upper boundary of a falling channel, signaling a potential shift in short-term structure.

The breakout triggered a move higher, with the price climbing from roughly $0.38 to $0.43.

Momentum indicators confirm the follow-through.

For example, the Chaikin Money Flow (CMF) has risen to 0.22, indicating stronger inflows and increased buy-side participation.

This improvement helped YB’s price reclaim the $0.41 resistance level.

At the same time, Bollinger Bands have widened, indicating an expansion of volatility.

Oftentimes, this means that the price has transitioned from consolidation into a directional move.

If the breakout holds and demand remains supportive, YB could attempt a continuation toward the high of the wick, near $0.49.

However, given the rising volatility, the move may come with pullbacks, making retention of support near $0.41 a key level to monitor.

As noted earlier, the Upbit listing appears to have acted as a key catalyst behind YB’s breakout.

Today, the exchange confirmed it had listed the token, opening trading pairs against Bitcoin (BTC) and USDT.

“Yield Basis (YB) BTC, USDT Market Trading Support Guide Supported Markets: BTC, USDT Market Trading Support Start Time: 2025-12-26 15:00 KST,” Upbit revealed.

On-Chain Data Suggests ‘No Worries’

From an on-chain perspective, Santiment data indicate that YB’s funding rate has turned negative, even as the price continues to rise.

This suggests that short positioning remains dominant in perpetual markets despite the rally.

At the same time, 24-hour active addresses have reached their highest level in nearly three months, indicating a surge in network participation.

Taken together, the combination of rising activity and negative funding suggests that YieldBasis still has room to rally.

YB Price Analysis

On the daily chart, CCN observed that YB’s price has broken out of a falling wedge,

Despite this, the Awesome Oscillator (AO) remains below the zero line, indicating that broader momentum has not yet entirely shifted bullish.

That said, the appearance of green histogram bars suggests bearish pressure may be weakening,

Furthermore, the price action has also improved structurally, with YB reclaiming the 20-period Exponential Moving Average (EMA).

If this breakout remains intact, the YieldBasis crypto could extend gains toward the next key level near $0.49.

In a more bullish continuation scenario, the token may push toward $0.57, aligning with the 0.618 Fibonacci level.

However, the bullish case remains conditional.

If sentiment deteriorates and sellers regain control, YB could lose its breakout structure and drop back below the wedge, potentially revisiting the lower trendline region near $0.37.

About the Author

Victor Olanrewaju

Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.

With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.

He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.

In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.

At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.

He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.

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