Total Value Locked$398.99m
TVL by Chain
Ethereum$398.99m
Key Metrics
Fees 30d$93,714
Fees 30d by chain
Ethereum$93,714
Fees 7d$6,823
Ethereum$6,823
Fees 24h$963
Ethereum$963
Cumulative Fees$19.41m
Ethereum$19.41m
Revenue 30d$92,271
Revenue 30d by chain
Ethereum$92,271
Revenue 7d$6,510
Ethereum$6,510
Revenue 24h$918
Ethereum$918
Cumulative Revenue$10.02m
Ethereum$10.02m
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 APY2.83%
Hacks
Date: Sep 11, 2026
Amount: $43,260
Classification: Access Control
Technique: Arbitrary External Call
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 Oct 20, 2026.
All-time high TVL: $2.038b on Feb 1, 2025. All-time low TVL: $4 on Apr 24, 2024.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $448.59m |
| Sep 22, 2026 | $459.59m |
| Sep 23, 2026 | $456.7m |
| Sep 24, 2026 | $448.1m |
| Sep 25, 2026 | $449.01m |
| Sep 26, 2026 | $446.52m |
| Sep 27, 2026 | $447.21m |
| Sep 28, 2026 | $444.81m |
| Sep 29, 2026 | $437.33m |
| Sep 30, 2026 | $436.18m |
| Oct 1, 2026 | $438.12m |
| Oct 2, 2026 | $440.96m |
| Oct 3, 2026 | $435.46m |
| Oct 4, 2026 | $437.66m |
| Oct 5, 2026 | $443.28m |
| Oct 6, 2026 | $441.48m |
| Oct 7, 2026 | $438.52m |
| Oct 8, 2026 | $419.46m |
| Oct 9, 2026 | $406.1m |
| Oct 10, 2026 | $408.03m |
| Oct 11, 2026 | $410.37m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.735b |
| 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 20, 2026 (latest) | $394.07m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $1.52m | $491,386 | $0 |
| 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 (to date) | $43,414 | $42,525 | $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 Oct 20, 2026, ether.fi Liquid has $398.99m in total value locked. TVL has decreased 9.5% 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 $93,714 in fees. Of that, $92,271 was protocol revenue. Based on the trailing year, the annualized rate is $1.72m in fees and $1.43m 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 #5 by TVL. The category holds $9.466b across 86 protocols, and ether.fi Liquid accounts for 4.2% of that total. Similar protocols include Spark Liquidity Layer, Veda, Grove Finance, Concrete, Upshift, Mellow Core, Aera V3, Lagoon, Ember Protocol, and Fusion by IPOR.
How many yield pools does ether.fi Liquid have?
DefiLlama tracks 4 ether.fi Liquid yield pools with an average APY of 2.8%.
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.