Harvest Finance
FARM Price
How is the price of Harvest Finance (FARM) calculated?
The price of Harvest Finance (FARM) is calculated in real-time by aggregating the latest data across 24 exchanges and 30 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Harvest Finance Price Chart (FARM)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 1.0% | 4.1% | 8.2% | 2.6% | 5.5% | 36.5% |
FARM Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$19,972,056 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.97 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
1.35 |
|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$20,513,905 |
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Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
1.39 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$1,979,164 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$14,786,665 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
672,183
|
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
690,420
|
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
690,420 |
Snapshot
FARM Historical Price
| 24h Range | $29.15 – $30.88 |
|---|---|
| 7d Range | $29.19 – $35.54 |
| All-Time High |
$628.46
95.3%
Sep 02, 2020 (over 4 years)
|
| All-Time Low |
$20.45
45.4%
Sep 01, 2023 (over 1 year)
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How do you feel about FARM today?
What is FARM?
FARM is Harvest Finance’s governance token which allows token holders to influence Harvest’s treasury and the future direction of the protocol. FARM token holders are entitled to the 30% protocol fees.
What is Harvest Finance?
Harvest Finance is an automatic yield farming protocol that helps traders take advantage of the latest DeFi platforms with the highest yield.
Who created Harvest Finance?
Harvest Finance was built by a group of anonymous developers. The only visibility to the team is via a handful of community managers that volunteer their time.
What problem does Harvest Finance solve?
The DeFi space is becoming more complex as more protocols are being introduced. Harvest Finance aims to help non-savvy users yield farm and get the highest DeFi yield while saving time and money.
For users who are yield farming with small amounts of capital, it may not be the most effective use of time to constantly harvest yield from the various DeFi yield farms. Constantly harvesting yield will also incur high gas cost. Harvest Finance collates capital from various yield farmers to do yield farming more effectively saving time and money for users.
How does Harvest Finance work?
Let’s use Harvest’s CRV strategy to understand how Harvest generates yield for its users.
Step 1) User deposits stablecoins (USDT, DAI or USDC) into Harvest’s yCRV stablecoin farm
Step 2) Harvest collects yCRV LP tokens
Step 3) Harvest deposits yCRV LP tokens into CRV pool to farm CRV
Step 4) Farmed CRV tokens are sold on Uniswap. Profits will be distributed between the yCRV strategy and Harvest depositors. 95% of profits will be reinvested into the yCRV strategy and 5% of profits will be rewarded to users in Dai.
This is 1 of the 24 strategies currently available on Harvest Finance. Harvest has created strategies for stablecoins, Bitcoin, SushiSwap, Uniswap, Ethereum, and FARM. To learn more about Harvest’s yield farming strategies, please visit this link.
How to get FARM?
When users deposit assets into Harvest to farm, they receive fTokens which represent a yield-bearing version of the asset. For example, depositing USDC into Harvest will result in you receiving fUSDC. fTokens can be redeemed for the underlying asset at any time.
Depositors receive 70% of the profits generated from farming via Harvest as well as FARM token rewards. The remaining 30% is sent to a protocol token buyback and profit sharing program.
Has Harvest Finance been hacked?
On 26 October 2020, hackers used flash loans to drain $33.8 million from Harvest’s USDT and USDC vaults. The attacker took out a $50 million USDT flash loan, then used the Curve Finance Y pool to swap funds and stretch stablecoin prices out of proportion.
The attacker was able to withdraw more USDT because of the changed USDT price and this was made possible by the price calculation mechanism for deposits and withdrawals.
What was Harvest’s response to the hack?
Affected users from the hack were given GRAIN tokens in a pro-rata manner based on their deposits. They were also given a pro-rata share of the $2.5 million which was returned by the attacker.
For example, if a user had a 100 USDT loss from the hack, he would get approximately 7.39 USDT, and approximately 92.61 GRAIN.
The distribution was based on a total affected value of $33.8 million.
Is Harvest Finance safe after the hack?
Harvest promised to work on mitigation strategies to stop this kind of flash loan attack from occurring again in the future. They are also looking into insurance options and reparation strategies. Specifically, a new yCRV vault is open for deposits with the flash loan attack vector mitigated so it can no longer be used.
However, that being said, it is still very risky to use DeFi protocols and users should be aware of the various risks before interacting with these smart contract protocols.
Where can you buy Harvest Finance?
FARM tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Harvest Finance is Binance, where the most active trading pair FARM/USDT has a trading volume of $960,058.08 in the last 24 hours. Other popular options include MEXC and LATOKEN.
What is the daily trading volume of Harvest Finance (FARM)?
The trading volume of Harvest Finance (FARM) is $1,979,164.35 in the last 24 hours, representing a -16.30% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Harvest Finance (FARM)?
Harvest Finance (FARM) reached an all-time high of BTC0.05516 and an all-time low of BTC0.0003018. It’s now trading -95.30% below that peak and 45.40% above its lowest price.
What is the market cap of Harvest Finance (FARM)?
Market capitalization of Harvest Finance (FARM) is BTC235.7566 and is ranked #1052 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FARM tokens (670 Thousand tokens are tradable on the market today).
What is the fully diluted valuation of Harvest Finance (FARM)?
The fully diluted valuation (FDV) of Harvest Finance (FARM) is BTC242.1527. This is a statistical representation of the maximum market cap, assuming the maximum number of 690 Thousand FARM tokens are in circulation today. Depending on how the emission schedule of FARM tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Harvest Finance compare against its peers?
With a price decline of -8.20% in the last 7 days, Harvest Finance (FARM) is underperforming the global cryptocurrency market which is down -4.10%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
How to add Harvest Finance (FARM) to MetaMask?
Adding Harvest Finance (FARM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import FARM as a token. You can copy FARM’s contract address (0xa0246c9032bc3a600820415ae600c6388619a14d) and import it manually, or if you've installed MetaMask's chrome extension, add FARM to MetaMask with one click on CoinGecko.
Add FARM to MetaMask.
Harvest Finance Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
|
$29.44 | 0.03% | $23,214 | $33,122 | $960,058 | 48.51% |
Recently
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| 2 |
CEX
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$29.77 | 0.84% | $978 | $10,699 | $608,710 | 30.75% |
Recently
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| 3 |
CEX
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$29.77 | 0.15% | $5,316 | $8,377 | $80,298.00 | 4.06% |
Recently
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| 4 |
CEX
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$29.71 | 0.13% | $7,916 | $6,143 | $57,155.00 | 2.89% |
Recently
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| 5 |
CEX
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$29.75 | 0.54% | $10,775 | $29,315 | $169,210 | 8.55% |
Recently
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| 6 |
CEX
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$29.84 | 0.4% | $3,536 | $10,279 | $18,826.00 | 0.95% |
Recently
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| 7 |
CEX
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$29.71 | 0.4% | $42 | $7,668 | $10,817.00 | 0.55% |
Recently
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| 8 |
DEX
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$29.89 | 0.61% | $1,475 | $1,471 | $10,722.00 | 0.54% |
Recently
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| 9 |
CEX
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$29.94 | 1.92% | $422 | $29 | $13,397.00 | 0.68% |
Recently
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| 10 |
CEX
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$29.65 | 0.91% | $64 | $403 | $3,422.00 | 0.17% |
Recently
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