What It Scores
GYVES is a valid word in the tournament list this site uses. Tile values only, before any premium square: 12 in Scrabble and 13 in Words With Friends. The letters break down as G2 Y4 V4 E1 S1.
Words Made From The Letters In GYVES
9 shorter words come out of these tiles. On a board that matters more than the long play, because a short word on a premium square often beats a long one on plain squares.
4 letter words (1)
3 letter words (6)
2 letter words (2)
Longer Words Containing GYVES
GYVES appears inside each of these, which is what makes it worth knowing as a hook.
Next: the Word Unscrambler for any letters at all. Full entry and definition at Merriam-Webster.