ether.fi price

in USD
$1.112
-- (--)
USD
Last updated on Oct 21, 2025, 11:27:28 PM.
Market cap
$628.82M
Circulating supply
562.05M / 1B
All-time high
$8.666
24h volume
$78.57M
Rating
3.7 / 5
ETHFIETHFI
USDUSD

About ether.fi

ETHFI is the native cryptocurrency of ether.fi, a decentralized finance (DeFi) platform focused on liquid staking and restaking. The project allows users to earn passive income by staking their Ethereum (ETH) while maintaining liquidity through its tokenized staked ETH (eETH). ETHFI is used within the ecosystem for governance, fee discounts, and rewards, making it integral to the platform's operations. ether.fi has expanded beyond staking to offer financial services like yield vaults and crypto-backed cards, positioning itself as a crypto-native neobank. The project stands out for its non-custodial approach, prioritizing user control over assets while generating real revenue from its growing suite of DeFi products.
AI insights
DeFi
CertiK
Last audit: Feb 25, 2023, (UTC+8)

Disclaimer

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ether.fi’s price performance

Past year
-33.23%
$1.67
3 months
-8.49%
$1.22
30 days
-25.58%
$1.49
7 days
-10.74%
$1.25
58%
Buying
Updated hourly.
More people are buying ETHFI than selling on OKX

ether.fi on socials

🦧Mr. APE aka GEM Hunter💎
🦧Mr. APE aka GEM Hunter💎
send everything back to where it belongs... 🟢
DAMBI
DAMBI
Before we know it, we have raised approximately 4.3 billion won in pre-deposit amounts, totaling 3.03M. It’s uncertain whether there is one month or two months left until the mainnet transition after the minimum pre-deposit. @usxcapital However, as the duration extends, we have experienced with Falcon and many other deposit projects that the only way for later entrants to catch up with the point accumulation of early depositors is to print money. Especially in times like these, when market risk aversion is rampant, I wonder if there is any farming method as effective as point farming. With a 1:1 dollar matching, receiving an annual interest rate of 10-15%, and no deposit gas fees, the usx received later as points can be used like dollars. On top of that, can user privacy be maintained during actual use? USX cannot be called a special stablecoin. However, it retains the inherent functions of a stablecoin while compensating for their shortcomings, making it a more upgraded Stable 2.0 in terms of profitability, convenience, and privacy. I am very interested in the privacy aspect of USX, and I believe the power of ZK technology is a tool developed for the purpose of attracting institutional inflows. I have bet on the potential of institutional capital inflow that Scroll's Cloak will bring. The real power of ZK is the beginning of a privacy revolution, which is more important than one might think. Polygon zkEVM, zkSync... the true purpose of these is not scaling, but something else. ZK Proofs = Zero Knowledge Proofs The zero-knowledge that we have heard a lot about since the era of the mushroom is... to put it simply, a technology that proves you know a secret without revealing the secret itself, right? For example, I can prove that I have 100 million won without stating the exact amount, but do you not understand why this is important? Think about it, How much you have, what you bought, who you sent it to... It’s all visible on block explorers like EtherScan. But institutions dislike the exposure of my capital flow due to this block on the blockchain (isn't that obvious?). If Samsung spends a certain amount on a deal with Apple and when the transaction occurred, everyone can see it, who would like such exposure? No one would like to be told to disclose their transaction balance. That’s why ZK is necessary. Confidential Computing, A technology that hides what the data is while processing that data. Projects like Aztec, Mina, and Aleo are already implementing this. Let me throw out a few actual use cases: • Salary payments (amounts are sensitive) • Voting (who you voted for is a secret) • Medical data (personal information protection) • Financial transactions (hiding balances) While ZK rollups increasing TPS and lowering gas fees is true, that’s just a bonus. The real goal is to achieve both privacy and scaling. Nowadays, if only one technology improves, no one will use it... Looking at the current ZK-related tokens, everyone thinks they are just L2 tokens. However, they are clearly privacy infrastructure tokens. Is the current lack of real use cases just the beginning, or will it continue? What will happen in five years? Considering the changes in security solutions, services, and finance using blockchain, privacy is a technology that is essential in a trend where the importance of personal information protection is increasing. USX based on Scroll's Cloak provides both privacy and productivity, and I believe it will significantly facilitate the acceptance of digital assets by institutional investors. The goal is not to trade cheaply, but to trade safely. The true era of ZK is coming. @Scroll_ZKP The pre-deposit points are currently being multiplied by 20, so using USDC to try a small amount wouldn’t be a bad idea. 😚 Sign-up link:
DAMBI
DAMBI
The reason why the performance indicates that payments are bound to become the next meta Recently, Bitget exchange has also started wallet and payment services, and even Aptos has launched payments. Why suddenly? With the trend of payments and neobanks popping up everywhere, the reason everyone is rushing to implement payment systems is simply because money is flowing in. It's easy to understand how projects like EtherFi are changing the game. Most DeFi protocols currently excel at just one thing: • Uniswap = DEX • Compound = lending • Lido = staking But now the market is showing interesting changes, and EtherFi is making huge profits in the L2 market. EtherFi was initially just another liquid staking protocol, but now? It has become the top player in payments. September's performance peaked at a whopping $5.34M... which means it's earning around 8 billion won a month. With staking, lending, credit cards, and even mobile apps, it has opened a pathway for people who make money in crypto to use that money without necessarily exiting through Upbit. Why is this important? Connecting 10 different wallets across 10 different protocols, getting drained by gas fees, and getting drained again at the bridge... EtherFi solves this all in one go, gaining the most vulnerable yet crucial "staying power" in crypto. Below is the usage of EtherFi cash; can you see that the amount used through EtherFi for stablecoins is increasing day by day? This means that the cases of using EtherFi to actually purchase stablecoins are on the rise. By providing convenience in storage and usage + DeFi yield to users, EtherFi creates the power to keep capital within EtherFi. I believe this is the most important aspect that drives the success of mass adoption. The incentive payback structure for all the volume that gets the neobank's flywheel rolling has so far established a great business model thanks to the explosive influx of stablecoins. Now, let's see how EtherFi achieved this through its strategy: Step 1: Secure TVL with LST Step 2: Launch additional financial products Step 3: Enter retail through a mobile app Step 4: Connect to real life with credit card services (Even if you don't use it right now, instilling the perception that you'll use EtherFi in the future + branding + etc.) Isn't it similar to banks merging booths with securities firms to increase cost and operational efficiency? But if you do this, people will naturally use it more, right? Since everything can be done in one place, they'll like it more, but thinking that way is a bit naive. As complexity increases, the risk of bugs and hacks also rises, and we can't ignore the resistance from users due to changes in the UI/UX of existing protocols, just look at KakaoTalk right now... I digressed a bit, but anyway, EtherFi's competitors currently include: • Morpho: Starting with lending and expanding • Pendle: From yield trading to portfolio management • Eigenlayer: From restaking to financial infrastructure Everyone is aiming for the same thing, and honestly, what they're doing is quite similar. Earlier, I mentioned that the influx of stablecoins made the neobank trend possible, right? The reason DeFi is gradually transitioning to neobank business is that while projects have increased their TVL, vault revenue has continued to decline. The capital pool keeps growing, but the capital efficiency of that money is getting worse, leading to new solutions? Or it can be seen as a natural next flow. Think about it: if people made profits during the crypto bull market in September and October, what would they do with that money? Ultimately, they would either spend it or withdraw it, right? Then opening routes to earn money would also become profitable. This is how it has naturally progressed. So now I've given you all the hints, right? We are in the stablecoin trend, and now the payment trend is next. With the payment incentives popping up everywhere and huge exchanges participating madly in this meta, what should we focus on? The area that is surprisingly overlooked is privacy and purchasing pattern information. The information about where our money is being spent is actually very valuable. Information held by card companies, companies like Coupang that have our consumption patterns, buying power, and so on. Ultimately, our task is to find companies that possess technology regarding consumer privacy and can effectively utilize it to drive the neobank meta's flywheel. Let's start sorting the wheat from the chaff (where can you find that? Just try everything, haha). Oh, I don't know, but if you ask me for a pick...? (See comments)
Ben GCrypto
Ben GCrypto
📢 Top 10 DApps by Total Value of Assets in DApp's smart contracts in the last 30 days 👉 G.Crypto: Next Generation of Crypto Media $ETH $ETHFI $MORPHO $ENA $JST $SKY $SYRUP $POL $UNI $PENDLE

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ether.fi FAQ

Currently, one ether.fi is worth $1.112. For answers and insight into ether.fi's price action, you're in the right place. Explore the latest ether.fi charts and trade responsibly with OKX.
Cryptocurrencies, such as ether.fi, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as ether.fi have been created as well.
Check out our ether.fi price prediction page to forecast future prices and determine your price targets.

Dive deeper into ether.fi

Ether.Fi is a fundamentally new staking protocol for Ethereum. Ether.Fi is the staking protcol that allows participants to retain control of their keys while degating staking. Depositors receive eETH, our liquid staking token that is widely usable across defi.

Deposits to Ether.Fi are natively re-staked with Eigenlayer. Eigenlayer repurposes staked ETH to support external systems (e.g., rollups, oracles) with an economic security layer, which increases yield for ETH stakers in the process.

Founded by mike and Rock, in 2021, Ether.Fi SEZC is a research and development company that serves as one of the contributors to Ether.Fi.

The mission of Ether.Fi is to provide liquid, decentralized access to the restaking ecosystem while enabling others to develop infrastructure on top of delegated staking. The protocol is controlled by ETHFI, the governance token of Ether.Fi.

How does it work

When a user deposits ETH into the protocol they receive eETH in exchange on a 1:1 basis. This enables the depositor to maintain control of their collateral for use across defi while it earns stake + re-staking yield.

ETHFI governance token holders can participate in protocol curation, including protocol and fee upgrades as well as treasury deployment.

ETHFI price and tokenomics

The maximum supply of ETHFI is 1 Billion and was minted at genesis. The other key details of ETHFI are:

  • DAO treasury: 23.3% of token supply is allocated to the DAO and governed directly by ETHFI voting.
  • Ecosystem Rewards: 16% of token supply is allocated to ecosystem development and rewards.
  • Airdrop: 8% of the token supply is allocated to a multi-season airdrop campaign to encourage TVL growth.

ETHFI highlights

Since launching in March 2022, Ether.Fi has seen rapid growth in TVL and eETH adoption across the Defi ecosystem. With over 2.3B staked, it is the largest liquid restaking protocol, with over 73,000 depositors.

ETHF1 FAQs

What is ETHFI?

ETHFI is the native governance token for the Ether.Fi protocol. ETHFI holders manage key aspects of the protocol including major protocol upgrades, fee structures and re-staking activities.

What is eETH?

eETH is Ether.Fi's liquid restaking token. It represents the collateral deposited by ETH holders on a 1:1 basis and accrues protocol yield from native staking and re-staking, while enabling the other to freely use their deposit collateral across defi.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
ether.fi governance token
Consensus Mechanism
The crypto-asset's Proof-of-Stake (PoS) consensus mechanism, introduced with The Merge in 2022, replaces mining with validator staking. Validators must stake at least 32 ETH every block a validator is randomly chosen to propose the next block. Once proposed the other validators verify the blocks integrity. The network operates on a slot and epoch system, where a new block is proposed every 12 seconds, and finalization occurs after two epochs (~12.8 minutes) using Casper-FFG. The Beacon Chain coordinates validators, while the fork-choice rule (LMD-GHOST) ensures the chain follows the heaviest accumulated validator votes. Validators earn rewards for proposing and verifying blocks, but face slashing for malicious behavior or inactivity. PoS aims to improve energy efficiency, security, and scalability, with future upgrades like Proto-Danksharding enhancing transaction efficiency.
Incentive Mechanisms and Applicable Fees
The crypto-asset's PoS system secures transactions through validator incentives and economic penalties. Validators stake at least 32 ETH and earn rewards for proposing blocks, attesting to valid ones, and participating in sync committees. Rewards are paid in newly issued ETH and transaction fees. Under EIP-1559, transaction fees consist of a base fee, which is burned to reduce supply, and an optional priority fee (tip) paid to validators. Validators face slashing if they act maliciously and incur penalties for inactivity. This system aims to increase security by aligning incentives while making the crypto-asset's fee structure more predictable and deflationary during high network activity.
Beginning of the period to which the disclosure relates
2024-10-20
End of the period to which the disclosure relates
2025-10-20
Energy report
Energy consumption
806.42581 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components: To determine the energy consumption of a token, the energy consumption of the network(s) ethereum is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
$628.82M
Circulating supply
562.05M / 1B
All-time high
$8.666
24h volume
$78.57M
Rating
3.7 / 5
ETHFIETHFI
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Easily buy ether.fi with free deposits via SEPA