TechFlow reports, on January 2, ether.fi released its 2024 annual summary. Data shows that TVL grew from 45,770 ETH to 2.57 million ETH, an increase of 6,159.3%, with a valuation of approximately $9 billion, making it the fourth-largest Ethereum protocol. The number of users increased from 10,000 to 115,000, and over 150 million ETHFI tokens were distributed throughout the year.
In DeFi, the platform completed over 300 protocol integrations, with weETH supply growing to 1.641 million, including 1.168 million supplied in Aave markets, making it the second-largest market on the platform. On the product front, ether.fi currently offers six staking products across 14 chains, including the main vault in Liquid Vaults holding 152,000 ETH and the USD vault holding 8,292 ETH.
