ether.fi 

ETHFI Price

What is the ether.fi (ETHFI) token?

ether.fi is a decentralized, non-custodial liquid restaking protocol on Ethereum. Users deposit ETH and mint eETH or weETH — liquid tokens that accrue Ethereum staking rewards and EigenLayer restaking yield at the same time, while depositors keep custody of their validator keys. ETHFI is the protocol's governance token, not Ether. ether.fi has also expanded into consumer finance with the ether.fi Cash account for earn, borrow and spend features.

Is ETHFI a coin or a token?

ETHFI is a token, not a coin. The asset runs on Ethereum's infrastructure rather than its own blockchain, with contract deployments on Ethereum, Arbitrum One, Base and Scroll. DropsTab classifies ETHFI under Liquid Staking Protocols, with Governance, DeFi and Neobank category tags.

What is the ETHFI token used for?

ETHFI carries three on-chain uses. Holders vote on protocol upgrades and treasury spending through on-chain governance. Stakers commit ETHFI to sETHFI to share protocol revenue, and a buyback mechanism directs up to 25% of monthly protocol revenue into open-market ETHFI purchases. The Club tier program adds holder perks such as hotel discounts.

How many ETHFI tokens exist?

ETHFI has a hard cap of 1,000,000,000 tokens. The largest genesis allocations are Investor & Advisor at 32.5% (325,000,000 ETHFI), DAO Treasury at 27.24% (272,400,000) and Team at 23.26% (232,600,000). Team and investor allocations combined hold about 55.8% of max supply — a concentration that weighs against the public float.

What does the ETHFI token unlock schedule mean for investors?

ETHFI launched at TGE on 2024-03-18 with 6.6% of max supply airdropped, plus 3% Liquidity and 2% Binance Launchpool. Team and Investor & Advisor tokens began unlocking linearly after a one-year cliff on 2025-03-18. Per DropsTab vesting data, roughly 888,007 ETHFI (Investor & Advisor) and 318,184 ETHFI (Team) unlock each day — a combined ~1.2M ETHFI daily of structural sell pressure until the schedules complete.

Who backed ether.fi?

ether.fi raised $32.3M across two rounds. The $27M Series A in February 2024 was co-led by Bullish and CoinFund, with OKX Ventures, Amber Group, ConsenSys and Foresight Ventures participating. Stani Kulechov, founder of Aave, joined as an angel investor. The earlier $5.3M round in February 2023 was co-led by Chapter One Ventures and North Island Ventures.

What does ether.fi's fundraising signal about project maturity?

The backer mix spans exchange operators (Bullish, OKX Ventures), crypto-native funds (CoinFund, Arrington Capital, ConsenSys) and DeFi founders — a combination that typically signals both distribution access and technical validation. No single VC is disclosed as holding more than 20% of ETHFI supply, which spreads unlock risk across investors rather than concentrating it.

How did the ETHFI airdrop and reward seasons work?

Two reward seasons ran and both ended. Season II (StakeRank) distributed 50,000,000 ETHFI to eETH holders from 2024-03-15 to 2024-06-30, alongside ether.fi and EigenLayer point accrual. Point Farming Season 4 offered a 25,000,000 ETHFI pool from 2024-09-15 to 2025-01-31, approved through an ETHFI DAO governance proposal. Season 3 claims closed in December 2024. The TGE distribution combined the 11% airdrop with a 2% Binance Launchpool farm.

Where can I buy ETHFI?

ETHFI trades across centralized exchanges, decentralized exchanges and derivatives venues. Per DropsTab data, more than 50 spot pairs are live, including ETHFI/USDT on Binance, ETHFI/USD on Coinbase and Kraken, and ETHFI/KRW on Upbit. Fiat quotes cover USD, EUR, KRW, TRY, THB and IDR. On-chain liquidity sits in Uniswap v3, Aerodrome and Camelot pools, with perpetual futures on Binance Futures, OKX, Bybit and Hyperliquid.

Is ether.fi (ETHFI) a good investment?

No price prediction for ETHFI is published by ether.fi or DropsTab, and neither issues investment advice. The verifiable structural facts cut both ways. Daily team and investor unlocks create persistent sell pressure, and roughly 55.8% of max supply sits with team and investors. The revenue buyback of up to 25% of monthly protocol revenue acts as a counterweight to that unlock flow.