Track how ether.fi protocol revenue flows to ETHFI holders through fees, buybacks, and value accrual mechanisms.
Key questions and answers about ether.fi revenue, fees, and token value accrual
ether.fi generated $373.0M in gross revenue from May 2024 to May 2026 (740 days), with $89.2M retained as net revenue. $12.4M accrued to ETHFI token holders.
This averages $$504.0K in daily gross revenue across the tracked period.
No, ether.fi does not currently burn ETHFI tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.
The protocol generates fees from user activity, with a portion distributed back to ETHFI holders.
Read our deep dive: ether.fi tokenomics analysis.
In 2026, ether.fi generated $71.3M in gross revenue. Of that, $3.0M was distributed to token holders, $13.0M was retained as protocol revenue (treasury), $55.4M went to supply-side participants (e.g. liquidity providers).
Year-by-year revenue breakdown:
ether.fi's gross revenue has decreased by 20% over the past 90 days compared to the prior 90-day period, from $56.5M to $45.2M.