- #183
ether.fi ETHFI
ETHFI Price
Market Cap
$424.31 MRank #183FDV
$2.02 BRank #101Investors
X Followers
Detailed Performance
ETHFI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ETHFI to USD Converter
Price History
- All-Time High
- $8.594.25x to ATH
- All-Time Low
- $0.89542.26x to ATL
- Trade Launch Date
- 18 Mar, 2024
278 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $32.30 M
- Tokens Sold
- 20.00 M ETHFI
Activities1
See moreExchanges
Exchanges type
About ETHFI
Ether.fi is a decentralized, non-custodial, delegated staking protocol that uses a Liquid Staking Derivative token. It has a number of distinguishing characteristics, with the most notable one being the fact that stakers control their own keys. The project’s mechanism allows for the creation of a node services marketplace, allowing node operators and stakers to enroll nodes and provide infrastructure services. These services can also secure revenue, which is then shared with both parties. The project also collaborates with EigenLayer, which allows its staking protocol to gain access to a powerful staking collective embedded in the ETH network. On top of that, the platform offers tailored institutional staking, with both custodial and non-custodial solutions, and adopts future-looking strategies. Its whole concept is based on three guiding principles — that its primary objective is to maintain decentralization; to ensure a sustainable revenue model; and to always keep ethics in mind, and do the right thing for the Ethereum community.
What makes Ether.fi unique?
There are two main things that make Ether.fi unique. The first one is that stakers get to generate and hold their own staked ETH keys, and the second one is that an NFT minted for every validator is launched via ether.fi.
This makes the project stand out, as most other delegated staking protocols adopt an approach where the stakers deposit their ETH and get matched with a node operator, who then generates and holds the staking credentials.
While this approach can be used to create a non-custodial approach, in practice, it creates a custodial or semi-custodial mechanism, exposing the staker to counterparty risk. Ether.fi does not do this, and so the risk is minimal.
Live ether.fi Price Data
The current price of ether.fi (ETHFI) is approximately $2.02, reflecting a decrease of -1.50% in the last 24 hours. The ETHFI trading volume in the last 24 hours stands at $84.60 million. ether.fi's market cap is currently $424.31 million, accounting for about 0.01% of the total crypto market cap. The circulating supply of ETHFI is 209.43 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand ether.fi's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ETHFI, check out our crypto insights page.