ether.fi Records Impressive Growth in Q3 Metrics

Ether.fi, a leading liquid staking infrastructure platform, has reported substantial growth across key metrics for the third quarter (Q3), according to recent data released on X (formerly Twitter). Notably, total value locked (TVL) within the protocol surged by 78% compared to the previous quarter, reaching an impressive $11.51 billion. This surge in TVL was further fueled by a 85% increase in fee revenue for Q3, amounting to $77 million. The platform’s income also saw a substantial rise, exceeding $16.9 million with a remarkable 78% increase. Furthermore, the platform witnessed a significant user base expansion, with nearly 30,000 monthly active users.