Ether.fi (ETHFI) Perpetual Futures

– 24h · perp mark price

Live · updated – Compare ETHFI exchanges

24h volume – vs prior 24h Open interest – · Funding rate (OI-weighted, 8h) – annualised Long / short ratio (24h) – long Liquidations (24h) – longs OI / market cap – Market cap –

Ether.fi price and derivatives history

Daily close and perpetual volume across tracked exchanges

Ether.fi perpetual futures market

Ether.fi turns deposited ETH into eETH, a liquid restaking token that earns staking rewards while the underlying ETH is restaked through EigenLayer. The project has since added a crypto spending card. ETHFI is its governance token, and perps on it let traders take a leveraged view on the restaking sector, short it as a hedge, or bet on ether.fi growing its share of staked ETH.

ETHFI tends to amplify moves in ETH, since the protocol's deposits and fees are tied to the ether price and staking demand. Restaking yields, EigenLayer developments, total value locked and token unlocks are the project-specific drivers. Binance carries the most volume, while Bybit, Hyperliquid and Gate hold large open interest for their size. When ETH rallies and ETHFI funding climbs faster than ETH funding, leveraged longs are crowding into the higher-beta trade.

ETHFI funding rates ETHFI open interest ETHFI liquidations ETHFI long/short ratio

Ticker: ETHFI
Asset class: Crypto
Tracked markets: –
Most active venue: –
Funding intervals: –
Trading hours: 24/7
±1% order book depth: –

Ether.fi perpetual markets by exchange

Every tracked ETHFI perpetual market

#	Exchange	Price	24h	Volume 24h	Open interest	OI 24h	Funding 8h	L/S	Liq. 24h	±1% depth	Trade

Open interest by exchange

Share of total · 24h change

All OI

Liquidations by exchange

Last 24h · long vs short

All liquidations

Taker buy vs sell

Last 4h · buy share of taker volume

Long/short data

Ether.fi perpetual futures FAQ

Live answers use data from every tracked ETHFI perpetual markets · updated –

What is the ETHFI funding rate today?

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How much ETHFI open interest is there?

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What is ether.fi?

Ether.fi is a non-custodial liquid restaking protocol on Ethereum. Users stake ETH and receive eETH or its wrapped form weETH, which keep earning staking and restaking rewards while staying usable in DeFi. The ETHFI token governs the protocol.

What is ETHFI perpetual futures trading volume?

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Are traders long or short ETHFI right now?

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What is restaking?

Restaking lets staked ETH help secure other services built on top of Ethereum, such as those using EigenLayer, in return for extra rewards. It adds yield but also adds risk, because restaked ETH can be penalised if those services' rules are broken. Ether.fi packages this into a single liquid token.

Why does ETHFI often move more than ETH?

Ether.fi's deposits are counted in ETH, so a rising ether price lifts the dollar value of the protocol and usually its token, and a falling one does the reverse. ETHFI often moves further than ETH in both directions, which is why traders pair it against ETH perps.

How much ETHFI was liquidated in the last 24 hours?

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Is ETHFI a liquid staking token?

No. ETHFI is the governance token of ether.fi and does not earn staking rewards by itself. The liquid restaking tokens are eETH and weETH, which represent staked ETH. ETHFI perps track the governance token, so they reflect sentiment toward the protocol instead of staking yield.

What are ETHFI perpetual futures?

ETHFI perpetual futures are derivatives contracts that track the price of ETHFI and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any ETHFI.

How does ETHFI funding work?

Funding is a payment between longs and shorts. When ETHFI perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

Where can I trade ETHFI perpetuals?

Compare venues, fees and features on the best perpetual exchanges page.

Should I long or short ETHFI?

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.