Key Takeaways:
- •Yield Basis goes live for spot trading on Coinbase.
- •YB listing impacts DeFi market dynamics.
- •No confirmation for Recall Network listing.
On October 16, 2025, Coinbase added Yield Basis (YB) for spot trading, marking a significant listing by a major DeFi figure, available in regions where trading is permitted.
This listing underscores YB's market traction, attracting $335 million in initial trading, and emphasizes heightened interest in DeFi protocols following significant exchange endorsements.
Coinbase Lists Yield Basis
Coinbase has listed Yield Basis (YB) for spot trading, marking a significant moment in the DeFi sector. This listing occurred on October 15, 2025, following an official statement from Coinbase Markets' Twitter account.
The decision involves Yield Basis, connected to Curve Finance's founders. Coinbase has announced YB-USD trading pairs. No evidence supports the listing of Recall Network (RECALL) for trading.
Market Impact
The immediate effects yield substantial interest, with trading volume surpassing $335 million within hours. This signals strong market demand and suggests YB's broad appeal across major crypto exchanges.
The financial implications include volatility and trading pressure, primarily due to the unlock of $17.5 million in tokens at launch. Profit-taking after early gains is expected, mirroring previous DeFi token launches.
Future Dynamics
Yield Basis aims to capture liquidity from DeFi protocols, potentially altering the landscape. The Curve founders’ involvement offers credibility, enhancing investor confidence.
Future financial dynamics may involve competition with existing DeFi pools. Technological strides from YB might influence the effectiveness of traditional mechanisms, based on historical trends of rapid growth followed by market adjustments.
"Its market cap sits around 62 million, just above the 50 million valuation from when YB raised 5 million dollars earlier this year." - Anonymous Market Analyst, Crypto News Source