Ether.fi

ETHFI#96DeFi Staking Payments Ethereum Arbitrum

Confirm official data

$0.5780

-30.6%past year

Code is moving, $12.4M in fees this month, sources agree.

Code

209+ commits in 90 days from 7 people

Human commits in the five most recently pushed repos.

Nov 9Nov 1

Last push: Nov 4, 2026
Last release: Jun 25, 2025

etherfi-protocol · DefiLlama, CoinMarketCap

Usage

$12.4M in fees over 30 days

Fees include what users pay to everyone, not just the protocol. Source: DefiLlama.

Nov 4Nov 3

Revenue, 30d: $3.85M
TVL: $5.59B

Numbers

CoinGecko and CoinMarketCap agree

CGCMC

Price$0.5916$0.5913Agree

Supply999M965MAgree

Mcap$591M$571MAgree

Volume$31.5M$33.5M×1.064

We show both and don’t say which is right. CoinGecko, CoinMarketCap

Paper → real

About $591M of $591M is real

Selling everything at 2% a day would take 58 days.

Paper (all tokens)$591M

Market cap$591M

Real$591M

Real is the market cap scaled down when its order-book depth is below what is typical for a token of its size. An estimate, not a price.

Where it lives

8 tokens under its ticker that no list knows

Home contract: Ethereum 0xfe0c…c0eb3 official deploymentsGalaConnect Bridged ETHFI (GalaChain)

HomeEthereumether.fi governance token 0xFe0c…c0eB$693K

OfficialArbitrumether.fi governance token 0x7189…Dc27$145K

OfficialBaseether.fi governance token 0x6C24…2Aa2$144K

UnknownOptimismether.fi governance token 0xe008…fD3f$51.2Kupgradeable

UnknownSolanaether.fi 89cbQj…ppHn$13.9Kclaims $709M

UnknownSolanaether.fi 6f2RHq…shyb$5.88claims $770M

Copies are what DEX search finds under the same ticker. Liquidity counts only pools against real assets; a pool against a made-up token can claim any figure.

Leverage

$46.8M in open futures, 7.9% of the market cap

Closing them all by force would take 4.6 days of 2% sell depth.

Funding, 8h: +0.0061% · longs pay shorts
Futures volume: $34.2M · 1.1× the spot volume · open interest turned over 0.7×
Liquidated, 24h: longs $3.04K · shorts $1.58K
Venues: Bybit, OKX, Hyperliquid, Binance

Perpetual futures on Binance, Bybit, OKX and Hyperliquid, read hourly; CME and other venues are not counted. Liquidations from Bybit (every one), Binance (the largest per second) and OKX (its latest orders each hour): a lower bound.

Where Hyperliquid positions get liquidated

longs, closed below the priceshorts, closed above

within 5%: longs $0 below · shorts $0 above

5 open positions of the largest accounts and busiest traders, whose liquidation prices Hyperliquid publishes. Exact, not a model, but Hyperliquid only.

On-chain