#ETHCrossed2500
Ether.fi breaks out: Staking surge sends TVL to record high
Ether.fi Ether.fi
34.64%
Ether.fi price jumped to $1.1397 on Sunday, up by 215% from its lowest level this month. This brought its market cap to over $273 million and its fully diluted valuation to $1.17 billion. Its 24-hour volume jumped by 291% to $493 million
The ETHFI token jumped as the total value locked in its ecosystem jumped to a record high of 2.72 million ETG, up from 2.42 million in January. It has risen from 46,000 in January last year.
The TVL has jumped to $6.86 billion in U.S. dollar terms, making it the fourth-biggest player in the decentralized finance platform
The TVL has jumped to $6.86 billion in U.S. dollar terms, making it the fourth-biggest player in the decentralized finance platform
This growth has led to a big increase in its weekly fees. DeFi Llama data shows that the weekly fees jumped to $3.1 million, its highest point since February this year. Ether.fi’s monthly revenue jumped to $2.4 million, with a portion of it going to its token buyback.
