Total Value Locked$4.109b
TVL by Chain
Ethereum$3.759b
OP Mainnet$346.3m
Base$2.66m
Arbitrum$1.14m
Berachain$219,498
Scroll$44,448
Key Metrics
Fees 30d$13.92m
Fees 30d by chain
Ethereum$10.09m
OP Mainnet$3.83m
Scroll$0
Fees 7d$3m
Ethereum$2.04m
OP Mainnet$954,675
Scroll$0
Fees 24h$403,321
Ethereum$246,777
OP Mainnet$156,544
Scroll$0
Cumulative Fees$449.83m
Ethereum$407.05m
OP Mainnet$25.31m
Scroll$17.47m
Revenue 30d$3.86m
Revenue 30d by chain
OP Mainnet$1.99m
Ethereum$1.87m
Scroll$0
Revenue 7d$877,107
OP Mainnet$491,498
Ethereum$385,609
Scroll$0
Revenue 24h$124,123
OP Mainnet$77,370
Ethereum$46,753
Scroll$0
Cumulative Revenue$109.26m
Ethereum$93.09m
OP Mainnet$10.78m
Scroll$5.4m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
OP Mainnet$0
Scroll$0
Holders Revenue 7d$0
Ethereum$0
OP Mainnet$0
Scroll$0
Holders Revenue 24h$0
Ethereum$0
OP Mainnet$0
Scroll$0
Cumulative Holders Revenue$16.59m
Ethereum$16.59m
OP Mainnet$0
Scroll$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$281.55m
Earnings (Annualized)$43.68m
Earnings 30d$3.86m
Earnings 7d$877,107
Earnings 24h$124,123
Cumulative Earnings-$172.29m
DEX Volume 30d$142.8m
DEX Volume 30d by chain
OP Mainnet$142.8m
Scroll$0
DEX Volume 7d$34.9m
OP Mainnet$34.9m
Scroll$0
DEX Volume 24h$5.49m
OP Mainnet$5.49m
Scroll$0
Cumulative DEX Volume$1.124b
OP Mainnet$757.22m
Scroll$366.59m
Market Cap$579.99m
$ETHFI Price$0.58
Fully Diluted Valuation$579.99m
Outstanding FDV$580.37m
$ETHFI Volume 24h$44.62m
CEX Volume$32.62m
DEX Volume$14.54m(32.59% of total)
Staked$76.87m(13.25% of mcap)
Active Loans$49.14m
Total Raised$32.3m
Feb 28, 2023$5.3mRound: Investors: North Island Ventures, Chapter One, Node Capital, Arthur Hayes, Arrington XRP Capital, Version One Ventures, Purpose Investment
Feb 28, 2024$27mRound: Series AInvestors: CoinFund, Bullish, Amber Group, Bankless Ventures, OKX Ventures, ConsenSys, Foresight Ventures, Fourth Revolution Capital, Punk Ventures DAO, White Star Capital, Relayer Capital, Collider Ventures, Lvna Capital, Draper Dragon, Arrington Capital, North Island Ventures, Chapter One, Version One Ventures, Node Capital, Stani Kulechov, Sandeep Nailwal, Defi Dad, Parallel, Will Price, leptokurtic, MrBlock
Protocol Information
ether.fi is a modern crypto neobank that replaces the traditional consumer bank. Users can save, grow, and spend their crypto through one connected experience. Common use cases include buying tokens, earning on crypto through vaults, sending money globally through fiat on and off ramps, and purchasing every day goods through a credit card.
- ether.fi StakeLiquid Staking
- ether.fi LiquidOnchain Capital Allocator
- EtherFi Borrowing MarketLending
- EtherFi Cash LiquidCrypto Card Issuer
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked9
Average Supply APY2.41%
Largest Pools by TVL
weETHEthereum$4.302b
liquidETHEthereum$276.66m
weETHLinea$145.66m
weETHBase$31.67m
liquidUSDEthereum$29.95m
All pools above $1m (8)
User Activity
Active Addresses (24h)33
Transactions (24h)53
Hacks
Date: Sep 11, 2026
Protocol: ether.fi Liquid
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
ether.fi history
TVL is the default DefiLlama definition, which excludes Staking and Active Loans. Daily values are UTC snapshots from Mar 2, 2023 to Nov 13, 2026.
All-time high TVL: $12.794b on Aug 14, 2025. All-time low TVL: $1.52m on Mar 2, 2023.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $5.028b |
| Oct 16, 2026 | $5.071b |
| Oct 17, 2026 | $5.03b |
| Oct 18, 2026 | $4.999b |
| Oct 19, 2026 | $5.008b |
| Oct 20, 2026 | $4.982b |
| Oct 21, 2026 | $5.079b |
| Oct 22, 2026 | $5.107b |
| Oct 23, 2026 | $4.919b |
| Oct 24, 2026 | $4.945b |
| Oct 25, 2026 | $4.906b |
| Oct 26, 2026 | $4.844b |
| Oct 27, 2026 | $4.859b |
| Oct 28, 2026 | $4.905b |
| Oct 29, 2026 | $4.921b |
| Oct 30, 2026 | $4.676b |
| Oct 31, 2026 | $4.705b |
| Nov 1, 2026 | $4.731b |
| Nov 2, 2026 | $4.768b |
| Nov 3, 2026 | $4.7b |
| Nov 4, 2026 | $4.732b |
| Nov 5, 2026 | $5.032b |
| Nov 6, 2026 | $4.658b |
| Nov 7, 2026 | $4.663b |
| Nov 8, 2026 | $4.643b |
| Nov 9, 2026 | $4.438b |
| Nov 10, 2026 | $4.462b |
| Nov 11, 2026 | $4.315b |
| Nov 12, 2026 | $4.338b |
| Nov 13, 2026 | $4.252b |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $9.314b |
| Jan 31, 2025 | $9.104b |
| Feb 28, 2025 | $6.338b |
| Mar 31, 2025 | $5.029b |
| Apr 30, 2025 | $5.05b |
| May 31, 2025 | $6.512b |
| Jun 30, 2025 | $6.572b |
| Jul 31, 2025 | $10.352b |
| Aug 31, 2025 | $11.646b |
| Sep 30, 2025 | $10.67b |
| Oct 31, 2025 | $9.739b |
| Nov 30, 2025 | $7.174b |
| Dec 31, 2025 | $8.424b |
| Jan 31, 2026 | $8.257b |
| Feb 28, 2026 | $5.655b |
| Mar 31, 2026 | $5.314b |
| Apr 30, 2026 | $5.37b |
| May 31, 2026 | $3.691b |
| Jun 30, 2026 | $2.845b |
| Jul 31, 2026 | $3.569b |
| Aug 31, 2026 | $4.65b |
| Sep 30, 2026 | $5.56b |
| Oct 31, 2026 | $4.705b |
| Nov 13, 2026 (latest) | $4.252b |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $102.74m |
| Dec 31, 2024 | $9.314b |
| Dec 31, 2025 | $8.424b |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $20.98m | $4.15m | $180,000 |
| Jan 2025 | $21.02m | $5.69m | $165,000 |
| Feb 2025 | $15.02m | $3.25m | $120,000 |
| Mar 2025 | $13.27m | $3.89m | $105,000 |
| Apr 2025 | $11.11m | $2.84m | $120,000 |
| May 2025 | $15.89m | $4.4m | $1.12m |
| Jun 2025 | $17.24m | $4.22m | $473,926 |
| Jul 2025 | $23.35m | $5.5m | $627,813 |
| Aug 2025 | $29.01m | $6.86m | $2.25m |
| Sep 2025 | $27.82m | $6.35m | $1.38m |
| Oct 2025 | $26.16m | $5.63m | $576,865 |
| Nov 2025 | $20.16m | $4.55m | $2.95m |
| Dec 2025 | $19.55m | $4.25m | $2.61m |
| Jan 2026 | $20.29m | $4.36m | $1.5m |
| Feb 2026 | $13.93m | $3.13m | $1.35m |
| Mar 2026 | $15.32m | $3.55m | $429,982 |
| Apr 2026 | $16.26m | $3.63m | $29,998 |
| May 2026 | $13.93m | $3.57m | $0 |
| Jun 2026 | $11m | $2.79m | $0 |
| Jul 2026 | $11.69m | $3.02m | $0 |
| Aug 2026 | $13.02m | $3.28m | $0 |
| Sep 2026 | $13.69m | $3.81m | $0 |
| Oct 2026 | $14.7m | $4m | $0 |
| Nov 2026 (to date) | $5.34m | $1.6m | $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
Frequently asked questions
What is ether.fi's TVL?
As of Nov 13, 2026, ether.fi has $4.109b in total value locked. TVL has decreased 20.6% over the past 30 days.
What chains does ether.fi operate on?
ether.fi operates on 6 chains: Ethereum, Base, Arbitrum, Berachain, and OP Mainnet and 1 others. Ethereum holds the largest share at 91.5%.
How much has ether.fi generated in fees and revenue?
Over the past 30 days, ether.fi generated $13.92m in fees. Of that, $3.86m was protocol revenue. Based on the trailing year, the annualized rate is $180.29m in fees and $43.68m in revenue.
What is the ETHFI token price and valuation?
ETHFI is currently trading at $0.58. Its circulating market capitalization is $580.13m, ranking it #129. Its fully diluted valuation is $580.13m. Supply currently stands at 998.54m circulating, 998.54m total supply, 1b maximum supply.
How has ETHFI performed recently?
ETHFI is down 1.1% over the past 7 days and down 6.3% over the past 30 days. Its all-time high is $8.53, reached on Mar 27, 2024. The token is currently 93.2% below that level.
Which protocols are included in ether.fi?
ether.fi is a parent protocol whose tracked products include ether.fi Stake, ether.fi Liquid, EtherFi Borrowing Market, and EtherFi Cash Liquid.
How much has been borrowed through ether.fi?
As of Nov 13, 2026, ether.fi has $49.14m in active loans.
Has ether.fi ever been exploited?
ether.fi has 1 recorded security incident. The most recent incident occurred on Sep 11, 2026 and involved $43,260. It was classified as Access Control.