Beefy
BIFI$73.04
+0.93%Price data may be delayed. Prices and market caps are in US dollars. Data as of October 2, 2026, 7:04 AM UTC.
What Beefy is, how it works, and what to watch for.
What it is
Beefy (BIFI) is a cryptocurrency token that operates on the Ethereum platform. It is categorized as a DeFi (decentralized finance) project, specifically a yield aggregator and yield farming protocol. The token is also associated with multiple blockchain ecosystems including Ethereum, HECO, Avalanche, Polygon, Fantom, Arbitrum, Moonriver, BNB Chain, and Optimism. BIFI serves a governance function within the protocol. The project maintains an official website at https://beefy.com/ and has open-source code available on GitHub.
A paid membership is required for the full explanation of Beefy.
See membership pricesLearn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What is DeFi, and how does decentralized finance work?Decentralized finance explained: liquidity pools, yield farming, impermanent loss, DAOs and governance tokens, each with its own definition page.
- What is cryptocurrency, and how does it work?A simple explanation of cryptocurrency, blockchains, coins, tokens, mining and staking, with a definition page for every term used.