Total Value Locked$298.54m
TVL by Chain
OP Mainnet$298.51m
Scroll$26,359
Key Metrics
Fees 30d$14,281
Fees 30d by chain
OP Mainnet$14,281
Fees 7d$3,006
OP Mainnet$3,006
Fees 24h$430
OP Mainnet$430
Cumulative Fees$729,949
Scroll$379,854
OP Mainnet$350,095
Revenue 30d$14,281
Revenue 30d by chain
OP Mainnet$14,281
Revenue 7d$3,006
OP Mainnet$3,006
Revenue 24h$430
OP Mainnet$430
Cumulative Revenue$729,949
Scroll$379,854
OP Mainnet$350,095
Holders Revenue 30d$0
Holders Revenue 30d by chain
OP Mainnet$0
Holders Revenue 7d$0
OP Mainnet$0
Holders Revenue 24h$0
OP Mainnet$0
Cumulative Holders Revenue$0
OP Mainnet$0
Scroll$0
Active Loans$45.54m
Protocol Information
Take control of your crypto. Save, grow, and spend. Start now at www.ether.fi
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total borrow interest generated from EtherFi Cash services on Scroll and OP Mainnet.View code on GitHubRevenue: Protocol's share of fees from borrow interest.View code on GitHubHolders Revenue: No revenue share to ETHFI holdersView code on GitHubCompetitors
EtherFi Borrowing Market history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jun 30, 2025 to Oct 26, 2026.
All-time high TVL: $307.14m on Oct 22, 2026. All-time low TVL: $39.45m on Apr 8, 2026.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $295.3m |
| Sep 28, 2026 | $292.66m |
| Sep 29, 2026 | $292.7m |
| Sep 30, 2026 | $302.07m |
| Oct 1, 2026 | $304.51m |
| Oct 2, 2026 | $304.19m |
| Oct 3, 2026 | $303.49m |
| Oct 4, 2026 | $304.48m |
| Oct 5, 2026 | $306.57m |
| Oct 6, 2026 | $306.65m |
| Oct 7, 2026 | $303.65m |
| Oct 8, 2026 | $302.4m |
| Oct 9, 2026 | $297.33m |
| Oct 10, 2026 | $298.94m |
| Oct 11, 2026 | $300.02m |
| Oct 12, 2026 | $303.18m |
| Oct 13, 2026 | $297.92m |
| Oct 14, 2026 | $301.98m |
| Oct 15, 2026 | $292.98m |
| Oct 16, 2026 | $300.17m |
| Oct 17, 2026 | $300.36m |
| Oct 18, 2026 | $299.62m |
| Oct 19, 2026 | $299.6m |
| Oct 20, 2026 | $301.33m |
| Oct 21, 2026 | $306.16m |
| Oct 22, 2026 | $307.14m |
| Oct 23, 2026 | $298.57m |
| Oct 24, 2026 | $298.93m |
| Oct 25, 2026 | $298.13m |
| Oct 26, 2026 | $296.05m |
TVL at each month end, Jun 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jun 30, 2025 | $50.15m |
| Jul 24, 2025 | $53.39m |
| Aug 31, 2025 | $212.71m |
| Sep 30, 2025 | $208.54m |
| Oct 31, 2025 | $204.27m |
| Nov 30, 2025 | $151.6m |
| Dec 31, 2025 | $155.89m |
| Jan 31, 2026 | $192.27m |
| Feb 28, 2026 | $162.51m |
| Mar 31, 2026 | $194.3m |
| Apr 30, 2026 | $169.58m |
| May 31, 2026 | $162.64m |
| Jun 30, 2026 | $127.42m |
| Jul 31, 2026 | $149.82m |
| Aug 31, 2026 | $254.14m |
| Sep 30, 2026 | $302.07m |
| Oct 26, 2026 (latest) | $296.05m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2025 | $28 | $28 | $0 |
| Feb 2025 | $77 | $77 | $0 |
| Mar 2025 | $93 | $93 | $0 |
| Apr 2025 | $69 | $69 | $0 |
| May 2025 | $675 | $675 | $0 |
| Jun 2025 | $4,036 | $4,036 | $0 |
| Jul 2025 | $7,753 | $7,753 | $0 |
| Aug 2025 | $12,935 | $12,935 | $0 |
| Sep 2025 | $19,554 | $19,554 | $0 |
| Oct 2025 | $30,435 | $30,435 | $0 |
| Nov 2025 | $40,625 | $40,625 | $0 |
| Dec 2025 | $54,176 | $54,176 | $0 |
| Jan 2026 | $65,483 | $65,483 | $0 |
| Feb 2026 | $56,945 | $56,945 | $0 |
| Mar 2026 | $68,904 | $68,904 | $0 |
| Apr 2026 | $67,233 | $67,233 | $0 |
| May 2026 | $71,274 | $71,274 | $0 |
| Jun 2026 | $68,896 | $68,896 | $0 |
| Jul 2026 | $72,982 | $72,982 | $0 |
| Aug 2026 | $57,811 | $57,811 | $0 |
| Sep 2026 | $18,161 | $18,161 | $0 |
| Oct 2026 (to date) | $11,804 | $11,804 | $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/etherfi-borrowing-market
Frequently asked questions
What is EtherFi Borrowing Market's TVL?
As of Oct 26, 2026, EtherFi Borrowing Market has $298.54m in total value locked. TVL has increased 1.2% over the past 30 days.
What chains does EtherFi Borrowing Market operate on?
EtherFi Borrowing Market operates on 2 chains: OP Mainnet and Scroll. OP Mainnet holds the largest share at 100%.
How much has EtherFi Borrowing Market generated in fees and revenue?
Over the past 30 days, EtherFi Borrowing Market generated $14,281 in fees. Of that, $14,281 was protocol revenue. Based on the trailing year, the annualized rate is $661,107 in fees and $661,107 in revenue.
How does EtherFi Borrowing Market's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, EtherFi Borrowing Market ranks #15 by TVL. The category holds $52.11b across 518 protocols, and EtherFi Borrowing Market accounts for 0.6% of that total. Similar protocols include Aave V3, Morpho Blue, Compound V3, Tarot, Impermax V2, SYNO Finance, Venus Core Pool, Curve LlamaLend, Curve LlamaLend V2, and Gearbox.
How much has been borrowed through EtherFi Borrowing Market?
As of Oct 26, 2026, EtherFi Borrowing Market has $45.54m in active loans.

