Watchlist Scored and tracked, but not rated for deep research yet โ€” no full analysis. A coin moves up when its verdict reaches Moderate (6.0+) without an unlock-risk flag.

Ether.fi (ETHFI)

Liquid Staking Rank #28 CAUTION
5.8 /10

Score breakdown

Unlock10/10
Tokenomics6/10
Insider6/10
Onchain7/10
Dev Activity1/10
Revenue5/10
Institutional5/10
Etf3/10
Market Structure7/10
Security8/10

Analysis

Ether.fi has worked through its major token unlocks as of early 2026 and now operates under a reduced future emission schedule, easing near-term sell-pressure concerns. The protocol manages over $8B in restaked ETH, keeping it the #2 liquid restaking platform behind Lido, and generates more than $15M in monthly revenue from fees and MEV capture. Its product suite has expanded beyond pure restaking into cash and card products, aiming to give liquid-staked ETH more everyday utility. Risks include Lido's continued scale advantage, concentration risk tied to Ethereum's broader restaking ecosystem (e.g., slashing risk), and competition from other LRT providers.

Disclaimer: This analysis is for informational purposes only and is not investment advice. Crypto investments carry high risk. DYOR โ€” Do Your Own Research.