Ether.fi Experiences Explosive Q3 Growth in DeFi Sector

Leading Ethereum-based liquid staking protocol, Ether.fi, has posted significant growth figures for its third quarter, showcasing a substantial increase in TVL and revenue. The company’s report reveals a remarkable 78% rise in Total Value Locked (TVL) to $11.51 billion, with fee revenue also surging by an impressive 85%. This impressive performance is attributed to the growing interest in Ethereum staking and its impact on related DeFi assets.