Total Value Locked$345.8m
TVL by Chain
Ethereum$345.8m
Key Metrics
Fees 30d$38,422
Fees 30d by chain
Ethereum$38,422
Fees 7d$13,548
Ethereum$13,548
Fees 24h$2,480
Ethereum$2,480
Cumulative Fees$19.44m
Ethereum$19.44m
Revenue 30d$36,885
Revenue 30d by chain
Ethereum$36,885
Revenue 7d$13,289
Ethereum$13,289
Revenue 24h$2,440
Ethereum$2,440
Cumulative Revenue$10.05m
Ethereum$10.05m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Protocol Information
Liquid is an automated DeFi strategy vault that provides ether.fi users a simple access point to use their eETH in the DeFi ecosystem
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total rewards generated from ether.fi liquid vaults: management fees and staking rewards on vault holdingsView code on GitHubRevenue: Protocol's share of fees including liquid vault management feesView code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked4
Average Supply APY2.91%
Hacks
Date: Sep 11, 2026
Amount: $43,260
Classification: Access Control
Technique: Arbitrary External Call
Veda’s AtomicQueue allowed the caller of solve() to supply an arbitrary solver address without authenticating that the address had consented to participate as the solver. The settlement logic then executed want.safeTransferFrom(solver, user, amount). The attacker created a worthless token, submitted a self-request offering that token in exchange for liquidETH, and supplied existing liquidETH holders as the solver. Because those holders had previously approved AtomicQueue, the contract used their allowances to pull liquidETH directly from their wallets and transfer it to the attacker’s request. Eleven users were drained in a single transaction
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
ether.fi Liquid history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 24, 2024 to Nov 10, 2026.
All-time high TVL: $2.038b on Feb 1, 2025. All-time low TVL: $4 on Apr 24, 2024.
Daily TVL, Oct 12, 2026 to Nov 10, 2026
| Date | TVL |
|---|---|
| Oct 12, 2026 | $416.29m |
| Oct 13, 2026 | $398.58m |
| Oct 14, 2026 | $411.75m |
| Oct 15, 2026 | $397.75m |
| Oct 16, 2026 | $402.08m |
| Oct 17, 2026 | $397.61m |
| Oct 18, 2026 | $395.46m |
| Oct 19, 2026 | $396.14m |
| Oct 20, 2026 | $394.07m |
| Oct 21, 2026 | $401.5m |
| Oct 22, 2026 | $407.03m |
| Oct 23, 2026 | $394.35m |
| Oct 24, 2026 | $390.87m |
| Oct 25, 2026 | $388.89m |
| Oct 26, 2026 | $383.12m |
| Oct 27, 2026 | $384.6m |
| Oct 28, 2026 | $391.38m |
| Oct 29, 2026 | $395.62m |
| Oct 30, 2026 | $373.43m |
| Oct 31, 2026 | $377.16m |
| Nov 1, 2026 | $378.41m |
| Nov 2, 2026 | $381.56m |
| Nov 3, 2026 | $377.96m |
| Nov 4, 2026 | $380.03m |
| Nov 5, 2026 | $401.37m |
| Nov 6, 2026 | $373.72m |
| Nov 7, 2026 | $373.57m |
| Nov 8, 2026 | $372.73m |
| Nov 9, 2026 | $358.58m |
| Nov 10, 2026 | $356.31m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.77b |
| Jan 31, 2025 | $2.026b |
| Feb 28, 2025 | $1.408b |
| Mar 31, 2025 | $1.167b |
| Apr 30, 2025 | $1.199b |
| May 31, 2025 | $1.042b |
| Jun 30, 2025 | $968.02m |
| Jul 31, 2025 | $1.221b |
| Aug 31, 2025 | $1.289b |
| Sep 30, 2025 | $1.181b |
| Oct 31, 2025 | $989.42m |
| Nov 30, 2025 | $665.68m |
| Dec 31, 2025 | $645.11m |
| Jan 31, 2026 | $591.79m |
| Feb 28, 2026 | $346.4m |
| Mar 31, 2026 | $430.93m |
| Apr 30, 2026 | $306.29m |
| May 31, 2026 | $216.79m |
| Jun 30, 2026 | $163.38m |
| Jul 31, 2026 | $244.47m |
| Aug 31, 2026 | $414.52m |
| Sep 30, 2026 | $436.18m |
| Oct 31, 2026 | $377.16m |
| Nov 10, 2026 (latest) | $356.31m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.77b |
| Dec 31, 2025 | $645.11m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $1.87m | $581,774 | $0 |
| Jan 2025 | $1.98m | $777,023 | $0 |
| Feb 2025 | $1.37m | $622,749 | $0 |
| Mar 2025 | $1.07m | $565,238 | $0 |
| Apr 2025 | $846,833 | $483,567 | $0 |
| May 2025 | $1.03m | $674,997 | $0 |
| Jun 2025 | $947,016 | $682,991 | $0 |
| Jul 2025 | $979,537 | $745,002 | $0 |
| Aug 2025 | $95,239 | $72,125 | $0 |
| Sep 2025 | $130,448 | $65,844 | $0 |
| Oct 2025 | $178,358 | $125,377 | $0 |
| Nov 2025 | $305,717 | $284,012 | $0 |
| Dec 2025 | $365,868 | $240,408 | $0 |
| Jan 2026 | $110,415 | $55,957 | $0 |
| Feb 2026 | $107,329 | $62,149 | $0 |
| Mar 2026 | $79,432 | $70,137 | $0 |
| Apr 2026 | $61,249 | $48,144 | $0 |
| May 2026 | $67,284 | $58,686 | $0 |
| Jun 2026 | $83,892 | $82,771 | $0 |
| Jul 2026 | $128,223 | $127,187 | $0 |
| Aug 2026 | $136,807 | $135,614 | $0 |
| Sep 2026 | $135,062 | $133,638 | $0 |
| Oct 2026 | $58,411 | $56,731 | $0 |
| Nov 2026 (to date) | $15,619 | $15,230 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/ether.fi-liquid
Frequently asked questions
What is ether.fi Liquid's TVL?
As of Nov 10, 2026, ether.fi Liquid has $345.8m in total value locked. TVL has decreased 15.7% over the past 30 days.
What chains does ether.fi Liquid operate on?
ether.fi Liquid operates on Ethereum. Ethereum holds the largest share at 100%.
How much has ether.fi Liquid generated in fees and revenue?
Over the past 30 days, ether.fi Liquid generated $38,422 in fees. Of that, $36,885 was protocol revenue. Based on the trailing year, the annualized rate is $1.54m in fees and $1.27m in revenue.
How does ether.fi Liquid's TVL compare to similar protocols?
Among Onchain Capital Allocator protocols tracked by DefiLlama, ether.fi Liquid ranks #6 by TVL. The category holds $8.76b across 86 protocols, and ether.fi Liquid accounts for 3.9% of that total. Similar protocols include Spark Liquidity Layer, Veda, Concrete, Grove Finance, Upshift, Mellow Core, Aera V3, Lagoon, IPOR Fusion, and Lombard Vaults.
How many yield pools does ether.fi Liquid have?
DefiLlama tracks 4 ether.fi Liquid yield pools with an average APY of 2.9%.
Has ether.fi Liquid ever been exploited?
ether.fi Liquid has 1 recorded security incident. The most recent incident occurred on Sep 11, 2026 and involved $43,260. It was classified as Access Control.