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  • Tokens
  • Ether.fi (ETHFI)

    10/14/2025 16:00 UTC

    $1.24

    % Today
    -3.62%
    Large Price Change: -30.08% in 7 days.

    Unlock Schedule

    Ether.fi (ETHFI) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the Ether.fi (ETHFI) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence ETHFI price performance.

    Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.

    Tokenomics & Utility

    Supply and design

    ETHFI was fully minted at a fixed supply of 1,000,000,000 tokens at genesis (no further issuance). The token governs key parts of the protocol, including treasury allocations, protocol fees, upgrades, and ecosystem programs run through the Ether.fi Foundation and DAO. (etherfi.medium.com)

    Updated allocations

    Ether.fi tokenomics have been refined over time. As of August 2, 2025, the Ether.fi governance docs show the following approximate allocations:

    • Investors: 33.74% (vesting)
    • Core Contributors: 21.47% (vesting)
    • Treasury: 21.62% (ecosystem fund; includes a 1% commitment to the Protocol Guild within Partnerships & Liquidity)
    • User Airdrops: 19.27% (multi‑season airdrops)
    • Partnerships & Liquidity: 3.9%

    These percentages reflect the latest published breakdown and may differ from the project’s initial pre‑launch materials. (etherfi.gitbook.io)

    Governance and staking utility

    ETHFI holders vote on proposals (e.g., via Snapshot) that shape fees, upgrades, and treasury use. An ETHFI staking flow in the app also lets holders stake ETHFI to participate in governance and accrue program points (and, at times, restaking‑related benefits routed via partner integrations), while maintaining the ability to vote. This links ETHFI ownership, participation, and decision‑making. (etherfi.gitbook.io)

    Assumptions

    • Investors vesting modeled as 12-month linear after a 12-month cliff.

      GitBook specifies a 2-year schedule with a 1-year cliff for all vested holders.

    • Core Contributors vesting modeled as 24-month linear after a 12-month cliff.

      GitBook specifies a 3-year schedule with a 1-year cliff.

    • Airdrop Seasons modeled as linear over their claim/vesting windows.

      Official season pages provide start dates and multi-tranche windows (30/60/90 days); linear is a month-level approximation.

    • Season 4 distribution window assumed Feb–Mar 2025.

      Season ended Jan 31, 2025 with distribution stated to occur shortly after; exact dates not specified in docs.

    • Season 5 distribution modeled in June 2025.

      Proposal states distribution post-season (ended May 31, 2025).

    • Member Rewards tokens modeled as distributed during September 2025.

      Program ran Jun 1–Aug 31, 2025 with distribution within 30 days after end.

    • User Airdrops total equals 19.27% per Allocations page; a 2.2M 'Other' tranche reconciles enumerated seasons and programs to the official total.

      Seasons 1–4 (17.3%), Season 5 (1%), Member Rewards (0.75%) sum to ~19.05%; remaining amount modeled as other minor programs/top-ups.

    • Protocol Guild 1% fulfillment modeled linearly over 4 years starting 2024-06-05.

      Ether.fi states a 1% commitment; third-party coverage cites a 4-year fulfillment; exact vesting unspecified in official docs.

    • Other Partnerships & Liquidity tokens modeled linearly to end-2030.

      Ether.fi’s launch post notes all tokens distributed by 2030; specific cadence not published.

    • Treasury tokens treated as unlocked at TGE and controlled by DAO; spending is governance-driven and not pre-vested.

      No lockup specified for treasury; addresses listed on Allocations page.

    • No ongoing inflation or mining/staking issuance for ETHFI.

      Token fully minted at genesis with fixed 1B supply; no further issuance.

    Allocations

    Investors 33.74%
    95%
    How certain we are about this information
    337,400,000 tokens
    Linear vesting: Mar 18, 2025 - Mar 18, 2026 (monthly)
    Investor allocation vests after a 1-year cliff from TGE, then linearly over 12 months (2-year schedule total).
    Core Contributors 21.47%
    95%
    How certain we are about this information
    214,700,000 tokens
    Linear vesting: Mar 18, 2025 - Mar 18, 2027 (monthly)
    Core contributors have a 1-year cliff from TGE, then vest linearly over 24 months (3-year schedule total).
    User Airdrops 19.27%
    90%
    How certain we are about this information
    192,700,000 tokens
    Linear vesting: Mar 18, 2024 - Jun 16, 2024 (monthly)
    Airdrop Season 1 (7.5% of supply). Claim opened Mar 18, 2024 with a 90-day window; whales had vesting over the window.
    Linear vesting: Jul 17, 2024 - Oct 15, 2024 (monthly)
    Airdrop Season 2 (5.8% of supply). Claim opened Jul 17, 2024; some users vested across 30/60/90 days (modeled as linear over 90 days).
    Linear vesting: Sep 25, 2024 - Dec 24, 2024 (monthly)
    Airdrop Season 3 (2.7% of supply). Claim opened Sep 25, 2024 with staged unlocks; modeled as linear across 90 days.
    Linear vesting: Feb 7, 2025 - Mar 31, 2025 (monthly)
    Airdrop Season 4 (1.3% of supply). Season ran Sep 15, 2024–Jan 31, 2025; distribution occurred shortly after season end (modeled Feb–Mar 2025).
    Linear vesting: Jun 1, 2025 - Jun 30, 2025 (monthly)
    Season 5 allocation (10M ETHFI) distributed post-season; modeled in June 2025 per proposal timeline.
    Linear vesting: Sep 1, 2025 - Sep 30, 2025 (monthly)
    Member Rewards program (7.5M ETHFI) for Club Members; program ran Jun 1–Aug 31, 2025 with distribution within 30 days after.
    Linear vesting: Apr 1, 2025 - May 31, 2025 (monthly)
    Other governance-approved user distributions/top-ups to reconcile the official 19.27% User Airdrops total (beyond Seasons 1–5 and Member Rewards).
    Partnerships & Liquidity 3.90%
    85%
    How certain we are about this information
    39,000,000 tokens
    Linear vesting: Mar 14, 2024 - Mar 17, 2024 (monthly)
    Binance Launchpool distribution (2% of supply, 20M ETHFI) farmed Mar 14–17, 2024 prior to listing.
    Linear vesting: Jun 5, 2024 - Jun 5, 2028 (monthly)
    1% commitment (10M ETHFI) to Protocol Guild; modeled as linear over 4 years based on public statements; exact vesting details not specified in docs.
    Linear vesting: Mar 18, 2024 - Dec 31, 2030 (monthly)
    Other strategic partnerships and liquidity deployments by the Foundation (unspecified cadence); modeled linearly through end-2030 per tokenomics note that all tokens are distributed by 2030.
    Treasury (DAO Ecosystem Fund) 21.62%
    90%
    How certain we are about this information
    216,200,000 tokens
    Cliff: Mar 18, 2024 — NaN% of allocation
    DAO-controlled ecosystem fund; tokens minted at TGE and held in treasury wallets. Actual disbursements occur via governance over time.

    Description

    #150

    Ether.fi is a platform that offers liquid staking solutions for Ethereum, allowing users to stake ETH and receive eETH, a liquid staking token. This system not only decentralizes Ethereum further by enabling users to run nodes but also maximizes rewards through native re-staking and integration with DeFi applications.

    Sector: Liquid Staking
    Blockchain: Ethereum
    2024
    LRT
    Last Updated: 10/12/2025 01:04 UTC