Ether.fi
ETHFI Rank #99Price chart
What is Ether.fi?
Token and protocol
ETHFI launched in March 2024 as ether.fi introduced community governance. The Ethereum token is distinct from the protocol's ETH staking receipts. eETH and weETH represent staking-related positions, whereas ETHFI organizes governance and incentives. The ecosystem has expanded from liquid staking into managed vaults and its Cash payment product. The Ether.fi Foundation oversees its treasury and carries out governance decisions.
Governance and staking
Voting covers treasury decisions, economic parameters, grants, and token utility. Holders can stake ETHFI to receive sETHFI. This staking receipt accumulates additional ETHFI rewards under the program's rules. Protocol-funded buybacks acquire ETHFI for distribution to sETHFI participants. The current framework draws on withdrawal-fee revenue and a portion of broader product revenue.
Allocation and membership
One billion ETHFI was fully minted for the original allocation, with no further issuance specified in the token plan. The distribution includes investors, core contributors, the treasury, user airdrops, and partnership or liquidity initiatives. Contributor and investor allocations were subject to vesting after an initial cliff. Staked ETHFI also counts toward ether.fi Cash membership thresholds. Membership levels connect token participation with product benefits such as card rewards and service access.
Where to trade ETHFI
77 exchanges · top 10
Live spot quotes from connected exchanges
ETHFI funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.