Yam Finance Review: What You Should Know
Yam Finance is a DAO associated with YAM and several DeFi products, but the available details aren’t enough to assess its costs, safety or how to use it.
By the SkyBitcoins review team · Updated
At a glance
Yam Finance key facts
| Type | DAO and DeFi project |
|---|---|
| Products | Synthetic assets, insurance, treasury management |
| Chain | Ethereum |
| Token | YAM |
| Value locked | $116K−0.2% 7d |
| Audits | 3 audits listed |
| Updated |
Yam Finance FAQs
What is Yam Finance?
Yam Finance is described as a DAO building synthetic assets, permissionless insurance and treasury-management services. The products are named degenerative.finance, Umbrella and DAO House.
What is the YAM token and which chain does it use?
YAM is the project’s token, and Ethereum is its listed chain. The information here doesn’t explain how to obtain or use YAM, or what fees apply.
Was Yam Finance affected by a governance attack?
One report dated September 2026 described a malicious governance takeover attempt that could put about $337,000 in protocol assets at risk. That report does not establish whether funds were lost or what the outcome was, so check the project’s current governance and security status before connecting a wallet.
Compare
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How we checked
Sources
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