Ether.fi

ETHFIMedium Risk Data: medium

Ether.fi liquid restaking. ~30% circulating. Investor cliffs in 2026 will nearly double circulating supply — extreme dilution risk.

$0.32

Last updated: 2026-07-01

Next Major Unlock

2026-03-04 · 110.00M tokens · 16.10% of circulatinginvestors

Upcoming supply expansion detected.

Market Cap

$296.02M

FDV

$318.74M

Daily Volume

$21.17M

30d Unlock Pressure

21.57%

90d Unlock Pressure

21.57%

Unlocks (12mo Tokens)

160.00M

Unlocks (12mo USD)

$192.00M

Annual Inflation

5.9%

Dilution Risk Score

4-factor transparent formula — no black-box scoring

33/100

MediumDilution Risk

Moderate dilution risk. Supply expansion exists but is distributed. Monitor specific unlock dates closely.

Forward Supply Growth11/25

Unlock Concentration10/25

Emissions Velocity0/25

Historical Absorption12/25

Emissions & Inflation

Staking Rewards5.9% / yr

40.00M tokens/year

Total Annual Inflation5.9%

Data Source

Data confidencemedium

Last updated2026-07-01

Full source: hand-researched from project docs, airdrop rules, and on-chain vesting contracts.

Supply Expansion Timeline

Circulating Supply Over Time

24-month forward view · Daily data aggregated monthly

HistoricalProjectedCliff

Circulating Now

927.37M

Total Supply

998.54M

Max Supply

1.00B

Unlock Calendar

Upcoming Unlocks

Next 12 events · % of current circulating supply

TeamInvestorsEcosystem

Date	Event	Source	Type	Amount	% Circ.	USD Value
2026-03-04	Investor 1-Year Cliff	Investors	Cliff	110.00M	11.86%	$132.0M
2026-03-04	Team 1-Year Cliff	Team	Cliff	90.00M	9.70%	$108.0M
2026-09-04	Ecosystem Reserve	Ecosystem	Cliff	80.00M	8.63%	$96.0M
2027-03-04	Investor Linear Year 2	Investors	Linear	80.00M	8.63%	$96.0M

Historical Precedent

Historical Price vs. Unlock Events

Past 12 months · Vertical lines mark past unlock events

Post-Unlock Price Impact

2025-03-04·29.7% of supply

$3.80 → $3.10-18.4%

30-day price change after each past unlock event.