Ether.fi Reports Significant Growth In 2024

According to Odaily, Ether.fi, an Ethereum restaking protocol, has released its 2024 summary, highlighting substantial growth and achievements. The protocol's total value locked (TVL) surged by 6159.3%, increasing from 45,770 ETH to 2.57 million ETH. This growth has positioned Ether.fi as the fourth-largest protocol on Ethereum, with a TVL of approximately $9 billion. The user base also expanded significantly, with the number of wallets rising from 10,000 to 115,000. Additionally, over 150 million ETHFI tokens were distributed to users throughout the year. Ether.fi integrated with more than 300 protocols and launched four out of its six staking products in 2024.