ether.fi Liquid
$396.3M +0.5%24hValue locked
- Value locked
- $396.3M
- 7 days
- −1.2%
- 30 days
- −13.2%
- Fees per day
- $9737-day average
- Fees / value locked
- 0.1%annualised
- Chains
- 1
- ETHFI price
- $0.6473−1.4% 24h
- Token market cap
- $646.4M
About ether.fi Liquid
Liquid is an automated DeFi strategy vault that provides ether.fi users a simple access point to use their eETH in the DeFi ecosystem.
As of 23 Oct 2026, ether.fi Liquid holds $396.3M in value locked on Ethereum, which ranks it #85 among all the protocols we track. Thirty days ago it ranked about #80. Among on-chain capital allocators it ranks #5 of 33 with 4.2% of the sector, between Concrete ($1.29B) and Upshift ($387.4M). Its value locked is down 1.2% over seven days and down 13.2% over 30 days. Users paid an average of $973 a day in fees over the last seven days; a year at that pace would equal 0.1% of its value locked, against a sector median of 2.4%. The ETHFI token, shared by the 4 ether.fi Liquid products we track, is valued at $646.4M, 12% of their combined $5.50B in value locked.
Value locked by chain
Largest on-chain capital allocators
Full sector| # | Protocol | Chains | Value locked | 7d | Fees/day |
|---|---|---|---|---|---|
| 1 |  Spark Liquidity Layer | Ethereum, Base +5 | $2.73B | −3.6% | $450.9K |
| 2 |  Veda | Ink, Ethereum +11 | $1.83B | −0.3% | $179.1K |
| 3 |  Grove Finance | Ethereum, Base +3 | $1.42B | +4.5% | $92.93K |
| 4 |  Concrete | Ethereum, Stable +3 | $1.29B | +6.9% | $40.39K |
| 5 | ether.fi Liquid | Ethereum | $396.3M | −1.2% | $973 |
| 6 |  Upshift | Ethereum, Flare +10 | $387.4M | 0.0% | $67.61K |
| 7 |  Mellow Core | Ethereum, Rootstock +3 | $259.2M | −1.0% | – |
| 8 |  Aera V3 | Base, Morph +3 | $192.9M | +15.3% | $15.64K |
