EtherFi Borrowing Market
$299.8M −0.2%24hValue locked
- Value locked
- $299.8M
- 7 days
- −0.7%
- 30 days
- +1.3%
- Fees per day
- $4307-day average
- Fees / value locked
- 0.1%annualised
- Chains
- 2
- ETHFI price
- $0.6473−1.4% 24h
- Token market cap
- $646.4M
About EtherFi Borrowing Market
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As of 23 Oct 2026, EtherFi Borrowing Market holds $299.8M in value locked across 2 chains, which ranks it #37 in DeFi by value locked. Thirty days ago it ranked about #95. Nearly all of it sits on OP Mainnet. Among lending protocols it ranks #15 of 109 with 0.6% of the sector, between HyperLend Pooled ($312.1M) and Euler V2 ($283.5M). Its value locked is down 0.7% over seven days and up 1.3% over 30 days. Users paid an average of $430 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 2.5%. The ETHFI token, shared by the 4 EtherFi Borrowing Market products we track, is valued at $646.4M, 12% of their combined $5.50B in value locked.
Value locked by chain
Largest lending protocols
Full sector| # | Protocol | Chains | Value locked | 7d | Fees/day |
|---|---|---|---|---|---|
| 1 |  Aave V3 | Ethereum, Base +19 | $16.98B | 0.0% | $1.12M |
| 2 |  Morpho Blue | Ethereum, Base +36 | $11.25B | +2.0% | $767.3K |
| 3 |  SparkLend | Ethereum, Gnosis | $5.08B | −1.8% | $234.4K |
| 4 |  JustLend V1 | Tron | $3.68B | −1.1% | $49.74K |
| 5 |  Maple | Ethereum | $2.67B | −3.2% | $295.3K |
| 6 | Hyperliquid Earn | Hyperliquid L1 | $1.43B | −2.4% | – |
| 7 |  Compound V3 | Ethereum, Arbitrum +8 | $1.40B | −0.3% | $97.53K |
| 8 |  Kamino Lend | Solana | $1.29B | −0.8% | $142.6K |
