Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
Yeti Finance logo

CDPs · Review

Yeti Finance Review 2026: Avalanche Borrowing Risks

Yeti Finance is an Avalanche borrowing protocol that lets users borrow against crypto, staked assets and LP tokens, with cross-margining and a stated 0% interest rate. Its high leverage limits and unconfirmed current operating status call for caution.

By the DappsAtlas editorial team · Updated

DappsAtlas score

5.5/10

Mixed

Our verdict on Yeti Finance

5.5/10

Yeti Finance may suit Avalanche users seeking to borrow against a mix of crypto, staked assets or LP positions while retaining stated farming and staking rewards. Cross-margining and a stated 0% borrowing rate are its clearest advantages. The main caveats are its high leverage limits, liquidation exposure and the lack of published detail here on fees, audit scope and current availability. Treat the borrowing limits as risk parameters, not targets.

Score breakdown

How Yeti Finance scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
6.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Yeti Finance?

Yeti Finance is a borrowing protocol built on Avalanche. It lets users borrow against assets including WETH, liquid staked AVAX, LP tokens and yield-bearing stablecoins, and describes its borrowing interest rate as 0%.

Its cross-margin feature lets several assets support a borrowing position. The protocol also says users retain farming and staking rewards on deposited assets, and describes leverage limits of up to 11x for some assets and 21x for yield-bearing stablecoins. These limits can magnify liquidation risk.

Yeti Finance lists two audits, but their names and scope are not specified. Fees beyond stated borrowing interest, current interface availability and current supported assets are also not confirmed.

How Yeti Finance works

Yeti Finance is described as a collateralized borrowing protocol on Avalanche. Users deposit supported assets—including WETH, liquid staked AVAX, LP tokens and yield-bearing stablecoins—and borrow against them. Its description states 0% interest and says users retain farming and staking rewards on deposited assets; it does not specify the borrowed asset or other fees here.

The protocol also describes cross-margining: multiple assets in a portfolio can support one borrowing position. This may help avoid relying on a single collateral asset, but it does not remove liquidation risk. Yeti Finance states borrowing limits of up to 11x against some collateral and up to 21x against yield-bearing stablecoins; actual limits and liquidation terms should be checked before use.

5 features

Key features

01

Zero stated interest

The protocol describes borrowing at a 0% interest rate. Other potential fees are not published.

02

Cross-margin borrowing

Multiple assets in a portfolio can support one borrowing position, rather than each asset being isolated to a separate position.

03

Multiple collateral types

Collateral described includes WETH, liquid staked AVAX and LP tokens, as well as yield-bearing stablecoins.

04

Retained asset rewards

Yeti Finance says users retain farming and staking rewards on deposited assets. Confirm asset-specific terms in the current interface.

05

High leverage limits

The protocol describes borrowing up to 11x against some assets and up to 21x against yield-bearing stablecoins. These are high leverage limits, not guaranteed borrowing amounts.

Pros and cons

What we like

  • States a 0% borrowing interest rate.
  • Offers cross-margining across a portfolio of collateral.
  • Describes support for crypto, staked assets, LP tokens and yield-bearing stablecoins.
  • Says users retain farming and staking rewards on deposited assets.

Watch out for

  • Borrowing up to 11x against some assets and 21x against yield-bearing stablecoins can amplify losses and liquidation risk.
  • The current interface, supported assets and operational status are not confirmed.
  • Fees beyond the stated 0% borrowing interest are not published.
  • The two listed audits have no names, dates or scopes specified here.
  • YETI token uses and the protocol’s governance arrangements are not described.

Yeti Finance fees

Yeti Finance describes borrowing at 0% interest. Other fees, including any transaction, deposit or withdrawal charges, are not published. Check the current borrowing interface and review each transaction before confirming it.

Is Yeti Finance safe?

Yeti Finance lists two audits, but audit names, dates and scopes are not specified. Audits can identify some issues but do not guarantee contract safety. Depositing collateral in a borrowing protocol exposes funds to smart-contract and protocol risks; the custody arrangements are not described here.

Borrowing at the stated leverage limits can lead to liquidation if collateral values fall or position requirements are not met. The protocol’s regulatory status and current operating status are not confirmed. Review the current interface and transaction terms carefully before depositing funds.

6 steps

How to get started with Yeti Finance

  1. 1

    Confirm that Yeti Finance’s interface is currently available and that the protocol supports your wallet and intended assets.

  2. 2

    Review the current collateral list, borrowing terms and transaction details before connecting or transferring funds.

  3. 3

    Connect an Avalanche-compatible wallet if the interface is operating and requests a connection.

  4. 4

    Choose a supported collateral asset and review its borrowing limit and liquidation conditions.

  5. 5

    Deposit only what you can afford to risk, then borrow within limits you understand.

  6. 6

    Monitor the position and collateral value; high leverage can leave little room for price declines.

Who Yeti Finance is for

Yeti Finance is aimed at Avalanche users who understand collateralized borrowing and want to use a portfolio of crypto, staked assets or LP tokens as collateral. It is a poor fit for anyone who cannot monitor a leveraged position or absorb liquidation losses.

Yeti Finance FAQs

What are Yeti Finance’s borrowing fees?

Yeti Finance describes borrowing at 0% interest. It does not publish details here about other fees, so check the current borrowing interface and transaction terms before depositing collateral.

What collateral does Yeti Finance accept?

Yeti Finance supports collateral such as WETH, liquid staked AVAX, LP tokens and yield-bearing stablecoins. The current supported-asset list is not confirmed, so verify it in the protocol interface before transferring funds.

How does cross-margining work on Yeti Finance?

The protocol describes cross-margining, which allows multiple assets in a portfolio to support a borrowing position. This can spread collateral exposure, but it does not eliminate liquidation risk if the portfolio’s value falls.

Has Yeti Finance been audited?

Yeti Finance lists two audits, but their names, dates and audit scopes are not specified. An audit does not guarantee that a protocol is secure or prevent losses.

Is Yeti Finance a gambling site?

Yeti Finance is a crypto borrowing protocol, not a gambling service. Anyone using crypto services should check the rules that apply where they live and consider the risk of losing their funds.

Compare

Yeti Finance alternatives

All alternatives
Angle logo

Angle

CDPs

Score 6.7 out of 10

Angle is an over-collateralized stablecoin protocol that mints agEUR and offers perpetuals, yield deposits and borrowing for DeFi users.

TVL $1.61M−6.5%Ethereum · Arbitrum · Polygon +5
Abracadabra Spell logoScore 6.0 out of 10

Abracadabra is a multi-chain CDP protocol where users borrow the MIM stablecoin against collateral, for experienced DeFi users.

TVL $4.47M−0.9%Ethereum · Arbitrum · BNB Chain +5
crvUSD logo

crvUSD

CDPs

Score 7.4 out of 10

crvUSD is Curve Finance's overcollateralized, USD-pegged CDP stablecoin on Ethereum, minted against crypto collateral by DeFi borrowers.

TVL $113M−10.2%Ethereum
Liquity V2 logoScore 7.8 out of 10

Liquity V2 is an immutable Ethereum borrowing protocol where users set their own interest rate and mint the BOLD stablecoin against ETH, wstETH or rETH.

TVL $87.5M+1.1%Ethereum
Frankencoin logoScore 7.8 out of 10

Frankencoin is an over-collateralized, oracle-free Swiss franc stablecoin (ZCHF) on Ethereum for borrowing, saving and payments.

TVL $59.6M+3.5%Ethereum
QiDao logo

QiDao

CDPs

Score 6.0 out of 10

QiDao is a multi-chain CDP protocol where users borrow stablecoins against crypto collateral at a stated 0% interest, aimed at holders who don't want to sell.

TVL $2.11M−0.7%Polygon · Base · Ethereum +11

Same category

More CDPs

CDPs rankings

Sky

CDPs

Score 7.8 out of 10

Sky is the rebranded MakerDAO, a DeFi protocol issuing the USDS and DAI stablecoins, governed by SKY token holders, for DeFi users and stablecoin holders.

Liquity V1 logoScore 7.4 out of 10

Liquity V1 is an immutable Ethereum protocol offering 0% interest LUSD loans against ETH collateral, for DeFi users comfortable with liquidation risk.

TVL $157M+0.5%Ethereum
Score 7.2 out of 10

Liquity is an Ethereum borrowing protocol where ETH holders mint USD stablecoins (LUSD, BOLD) against their collateral, with the LQTY token for incentives.

Ethereum
Reservoir Protocol logoScore 7.0 out of 10

Reservoir Protocol issues the rUSD stablecoin and yield assets srUSD and trUSD across 17 chains, for DeFi users seeking stable yield.

TVL $89.8M+20.3%Monad · Ethereum · Plasma +14
River Omni-CDP logoScore 6.8 out of 10

River Omni-CDP is a multi-chain CDP protocol that issues the satUSD stablecoin against cross-chain collateral without bridging, for experienced DeFi users.

TVL $75.0M−1.7%BNB Chain · BSquared · Ethereum +9
Felix CDP logoScore 6.8 out of 10

Felix is a Hyperliquid protocol that issues the feUSD stablecoin against collateral, with lending and perps for DeFi traders.

TVL $21.3M−20.9%Hyperliquid L1

Same chain

More on Avalanche

Avalanche rankings
Aave V3 logo

Aave V3

Lending

Score 8.6 out of 10

Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.

TVL $15.8B+5.1%Ethereum · Base · Arbitrum +18
Uniswap V4 logoScore 8.5 out of 10

Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.

TVL $1.18B+3.6%Ethereum · Robinhood Chain · Base +19
Uniswap V3 logoScore 8.4 out of 10

Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.

TVL $1.52B−1.8%Ethereum · Base · Arbitrum +38
OKX logo

OKX

Centralized Exchanges

Score 8.0 out of 10

OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.

TVL $28.4B+0.1%Ethereum · Bitcoin · X Layer +21
LayerZero V2 logoScore 8.0 out of 10

LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.

TVL $17.9B+10.6%Polygon · Ethereum · ApeChain +76
Morpho Blue logoScore 8.0 out of 10

Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.

TVL $10.9B−0.5%Ethereum · Base · Robinhood Chain +41

How we checked

Sources

  1. 1.defillama.com/protocol/yeti-finance

Last updated . Spotted an error? Tell us and we will correct it.