After the explosion and the subsequent DeFi crisis, Ethereum and Bitcoin finally broke their resistances. With BTC having flown over $ 11,000 and Ether trading at $ 320.
In general, large market capitalization cryptocurrencies are experiencing huge increases (Bitcoin Cash, SV, Litecoin, BNB, XRP, EOS).
Then there are other very "hot" cryptocurrencies such as Erd (for the launch of its mainnet) and Cardano (which will meet its hard fork).

However, the biggest hike record in July lies with ERC20, called YFI.
The management token hit a record high of $ 4,664 in just a few days, starting at 0 cents.
The YFI token appears to have attracted a lot of attention because of its significant potential for annual interest. In a short period of time, it has increased to 11,000%.

The token is part of the Year.finance ecosystem and the market seems to appreciate.
Andre Cronje launched Yearn.finance which is a financing platform with non-clearing leverage.
The native YFI token is issued for $ 0 and cannot be purchased or mined. The only way to get YFI is to invest in one of the platforms listed above. Getting YFI is very simple: you can provide liquidity or insert output tokens into the distribution agreement.

Within a day of the issue, the value of the token has increased by 2000%, as investors competed with each other.
In addition, an incentive to purchase was also placed, because it promises investors an annual rate of return of 1,000%.

Yield aggregator for lending platforms that rebalances for highest yield during contract interaction.
They are supported:
$DAI
$USDC
$USDT
$TUSD
$sUSD

Yearn.finance aggregates:
Compound (the token that led to DEFI's big hikes)
dYdX
Aave

To know more: Yearn.Finance