Current ether.fi (ETHFI) Metrics
- Current Price: $0.91540
- Market Rank: #94
- Market Cap: $343 million
- Circulating Supply: 374,688,147 ETHFI
- Max Supply: 1,000,000,000 ETHFI
- Circulation Rate: 37.46%
- All-Time High: $8.6666 (Last updated: March 28, 2024, UTC+8)
- All-Time Low: $0.23000 (Last updated: March 18, 2024, UTC+8)
The price of ether.fi has increased by +0.08% since 00:00 (UTC+8). Real-time data ensures accurate tracking of ETHFI/USD performance across major platforms and exchanges.
What Is ether.fi (ETHFI)?
ether.fi is a next-generation Ethereum staking protocol designed to maximize yield and capital efficiency for ETH holders. By combining liquid staking with restaking via EigenLayer, ether.fi unlocks new earning opportunities within the decentralized finance (DeFi) ecosystem.
When users stake ETH through ether.fi, they receive eETH — a liquid staking token that can be used across various DeFi platforms for lending, borrowing, or trading. This enhances liquidity while maintaining staking rewards.
Additionally, all deposited ETH is automatically restaked through EigenLayer, enabling users to earn additional yield by securing external applications such as rollups and oracles. This dual-income mechanism sets ether.fi apart from traditional staking solutions.
The ETHFI token serves as the native governance token of the protocol, allowing holders to vote on key decisions, participate in community proposals, and earn protocol incentives.
👉 Discover how ether.fi integrates with leading DeFi protocols to boost your yield potential.
Key Features of ether.fi
1. Liquid Staking with eETH
Users who deposit ETH receive eETH instantly. Unlike locked staking options, eETH remains liquid and can be utilized across DeFi platforms like Aave, Morpho, and Spark. This flexibility allows users to earn staking rewards while simultaneously leveraging their assets for further yield generation.
2. Restaking via EigenLayer
By default, all ETH staked through ether.fi is restaked using EigenLayer’s security layer. This enables the protocol to support innovative blockchain infrastructures like modular blockchains and decentralized sequencers — all while earning extra rewards for users.
3. Governance Through ETHFI Token
Holders of the ETHFI token have full governance rights over the protocol. This includes voting on upgrades, treasury allocations, fee structures, and integration proposals. Active participation ensures decentralization and long-term sustainability.
4. Cross-Chain Expansion
ether.fi has expanded its reach to multiple Layer 2 networks. Notably, it is now integrated with Scroll, a zero-knowledge Ethereum Layer 2 solution. DefiLlama now tracks ether.fi’s cash flows and lending markets on Scroll, highlighting growing adoption beyond mainnet.
5. Institutional-Grade Integrations
ether.fi continues to strengthen partnerships across the DeFi space. Recently, Maple Finance added weETH (wrapped eETH) as collateral for institutional loans. The first $50 million in loans using weETH will offer a 2% annual reward in ETHFI tokens, incentivizing institutional adoption and increasing demand for the native token.
Market Performance & Historical Trends
ether.fi reached its peak price of $8.6666** in early 2024 but has since corrected by approximately **89.44%**, currently trading around **$0.915. Despite this drawdown, fundamentals remain strong due to increasing protocol integrations and expanding use cases.
The low of $0.23000 was recorded on March 18, 2024 — just ten days before hitting its all-time high — indicating high volatility typical of emerging DeFi tokens.
With a current market cap of $343 million, ether.fi ranks among the top 100 cryptocurrencies by valuation. Its circulating supply represents about 37.5% of the total fixed supply of 1 billion ETHFI tokens, leaving room for future distribution through incentives and ecosystem growth.
Security & Audits
Security is a top priority for ether.fi. The protocol was audited by CertiK, one of the most trusted blockchain security firms in the industry. The last audit was completed on February 25, 2023 (UTC+8).
While no critical vulnerabilities were reported at the time, users are encouraged to stay updated on future audits and code improvements as the protocol evolves.
👉 Learn how audited protocols like ether.fi maintain trust and security in DeFi ecosystems.
Ecosystem Recognition & Community Sentiment
ether.fi has gained recognition across major DeFi thought leaders and analytics platforms:
- Steph Vaughan highlighted ether.fi during DeFi Summer discussions, emphasizing its role in driving innovation alongside protocols like Aave.
- Keno praised Maple Finance’s integration with weETH, calling it one of the most professional approaches in institutional DeFi.
- DefiLlama now actively tracks ether.fi’s activity on Scroll, signaling growing cross-chain relevance.
- On NFTevening, ether.fi was listed under “Restaking” alongside EigenLayer ($EIGEN), reinforcing its position in the next wave of Ethereum innovation.
In community rankings, ETHFI is grouped with key sectors such as:
- Decentralized Exchanges (DEX): Uniswap ($UNI), Curve ($CRV)
- Lending Protocols: Aave ($AAVE), Morpho ($MORPHO), Spark ($SPK)
- Liquid Staking (LSD): Lido ($LDO), Rocket Pool ($RPL)
- Restaking Leaders: EigenLayer ($EIGEN), ether.fi ($ETHFI)
- AI Tokens: Fetch.ai ($FET)
- Layer 2s: Arbitrum ($ARB), Optimism ($OP), zkSync ($ZK), Scroll ($SCR)
This inclusion reflects its growing influence in shaping the future of yield-bearing assets on Ethereum.
Frequently Asked Questions (FAQ)
Q: What is the current price of ether.fi (ETHFI)?
A: As of the latest update, one ETHFI token is valued at $0.91540. Prices are updated in real time across major crypto tracking platforms.
Q: Where can I buy ETHFI tokens?
A: ETHFI is available on several decentralized exchanges (DEXs) integrated with Ethereum and Layer 2 networks. Always verify contract addresses before trading to avoid scams.
Q: How does ether.fi generate returns for stakers?
A: Returns come from two sources: standard ETH staking rewards and additional yield earned through restaking via EigenLayer. Users also benefit from using eETH in DeFi protocols for compounding gains.
Q: Is ether.fi safe to use?
A: The protocol has been audited by CertiK with no critical issues found at the time of the last audit (February 2023). However, as with all DeFi protocols, users should conduct their own research and understand smart contract risks.
Q: What is eETH?
A: eETH is ether.fi’s liquid staking token. When you stake ETH with ether.fi, you receive eETH in return, which represents your staked balance plus accrued rewards and can be freely transferred or used in DeFi applications.
Q: What makes ETHFI different from other LSDs?
A: Unlike basic liquid staking derivatives, ETHFI combines staking, restaking, and governance in one ecosystem. Its integration with EigenLayer and institutional lending platforms like Maple Finance gives it a unique edge in capital efficiency and yield optimization.
Future Outlook for ether.fi
As Ethereum continues evolving toward greater scalability and modularity, protocols like ether.fi are well-positioned to capture value from restaking and cross-chain liquidity.
Upcoming developments may include:
- Enhanced restaking strategies
- New DeFi integrations across Layer 2s
- Increased governance participation
- Institutional adoption via structured products
With strong backing from both developers and institutional partners, ether.fi remains a key player in the expanding restaking economy.
👉 Stay ahead of the curve — explore real-time ETHFI charts and advanced trading tools today.