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ETHFI Rank 99 Liquid staking

Ether.fi

$0.6751 -1.40% 24H -0.80% 7D
live quote, delayed and indicative CoinGecko observed 18 Oct 2026 00:47 UTC
Market cap Market cap $651.56M 0.02% of the market
Fully diluted Fully diluted $651.56M +0.00% above market cap
Volume, 24h Volume, 24h $26.25M 4.03% of market cap
Circulating Circulating 965.35M ETHFI of 1.00B maximum
From all-time high From all-time high -92.08% high on 27 Mar 2024
Volatility, 30d Volatility, 30d 105.5% annualized from daily moves
01

Valuation

Standardized ratios between what the asset is worth and what it produces. They are not equity multiples: there is no consolidated entity, no audited accounts and no enforceable claim on any cash flow. Each ratio states its own limits.

Before you read a single ratio: these look like equity multiples and are not. A token is not a share: it carries no residual claim, no audited consolidated accounts and no enforceable right to any fee stream. A protocol’s fee split is a governance choice that can be changed. Treat every ratio below as a scale check between two published figures, and read its limitations.
Market Cap / Annualized Fees Compares a token's market value with the fees users paid to the network over a year. market cap over fees annualized from the trailing 30 days · Atlas calculation 4.4×
Market Cap / Annualized Revenue Market value divided by the share of yearly fees the protocol keeps rather than paying out. market cap over protocol revenue annualized from the trailing 30 days · Atlas calculation 14.3×
FDV / Annualized Fees Like the market cap version, but values every token that will ever exist at today's price. fully diluted valuation over fees annualized from the trailing 30 days · Atlas calculation 4.4×
FDV / Annualized Revenue Fully diluted market value divided by the yearly fee income the protocol retains. fully diluted valuation over protocol revenue annualized from the trailing 30 days · Atlas calculation 14.3×
Market Cap / TVL Compares a token's market value with the value of assets currently deposited in its contracts. point-in-time · Atlas calculation 0.1×
FDV / TVL Fully diluted market value divided by the value of assets deposited in the protocol. point-in-time · Atlas calculation 0.1×
Network Revenue Yield Yearly protocol revenue expressed as a percentage of the token's market value. annualized protocol revenue as a percentage of market capitalization · Atlas calculation 7.00%
Fee Yield Total yearly fees paid by users, expressed as a percentage of the token's market value. annualized fees as a percentage of market capitalization · Atlas calculation 22.76%
Dilution overhang How much larger fully diluted valuation is than market capitalization. point-in-time · Atlas calculation 0.00%
Volume to value locked How many times the value locked in a protocol is traded in its token each day. 30-day average volume over value locked · Atlas calculation 0.0×
Market cap to DEX volume Market capitalization compared with the yearly value swapped through the network or protocol's decentralized exchanges. market cap over DEX volume annualized from the trailing 30 days · Atlas calculation 0.4×
Market Cap per Active Address Market value divided by the number of addresses that sent or received anything recently. Market Cap per Active Address does not apply to this kind of asset. —
Market Cap / Annualized Transaction Volume Market value compared with the total dollar value moved on the network over a year. Market Cap / Annualized Transaction Volume does not apply to this kind of asset. —
Market Cap / Stablecoin Supply Hosted A chain's market value compared with the total stablecoins issued or bridged onto it. Market Cap / Stablecoin Supply Hosted does not apply to this kind of asset. —
NVT (Network Value to Transactions) Network value divided by the daily value moved on-chain, smoothed over about three months. NVT (Network Value to Transactions) does not apply to this kind of asset. —
Holder Revenue Yield The share of fee income that actually reaches token holders, as a percentage of market value. Holder Revenue Yield does not apply to this kind of asset. —
Corporate treasuries over market cap The market value of disclosed corporate holdings as a share of the asset's market capitalization. Our sources have not published this figure for this asset. It is left blank rather than estimated. —
02

The same ratios across its peer group

Assets we classify the same way, largest first. A ratio is only shown where both of its legs exist for that asset.

AssetMarket cap MC / feesMC / revenueMC / TVL
Ether.fiETHFI $651.56M 4.4× 14.3× 0.1×
PendlePENDLE $359.08M 26.5× 26.9× 0.2×
EigenCloud (prev. EigenLayer)EIGEN $243.23M 52.9× — 0.0×
AltLayerALT $63.54M — — —
Frax Staked frxUSDSFRXUSD $38.03M — — —
SSV NetworkSSV $37.70M 10.0× 10.2× 0.0×
Lista DAOLISTA $32.81M — — —
RenzoREZ $32.16M 10.5× 67.5× 0.3×
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