FARM Harvest Finance Rank #1783 $5.18 ▼ 4.60%

Harvest Finance (FARM) is a decentralized finance protocol that operates as a yield aggregator, automatically routing user deposits into the highest-yielding opportunities available across DeFi. Built primarily on Ethereum, the protocol extends its reach into the BNB Chain and Energi ecosystems, allowing users to access yield farming strategies without needing to monitor or manually rebalance positions themselves. Depositors supply assets and receive shares representing their portion of the underlying farming strategies, with profits generated from the spread between yields earned and the costs of executing those strategies. FARM functions as the protocol's native governance and utility token. Holders can stake it to participate in the platform's governance decisions, vote on strategy parameters, and direct how protocol fees are allocated. The token also captures a share of the platform's performance fees, linking holder incentives to the ongoing activity of the aggregator. Harvest Finance is generally categorized as a yield aggregator within the broader DeFi sector, emphasizing automation, composability across multiple chains, and community-led governance.