#12 of 25 · ether.fi
Is ETHFI deflationary?
About flat · 0.0% policy supply next year
ETHFI supply is expected to stay about flat over the next twelve months (0.0% policy). That figure is a published protocol policy, not a measured rate. Under its revenue-funded buyback rebate program, tokens are redistributed to holders, not destroyed, funded by 5% of protocol revenue. Known releases over the next twelve months equal 3.9% of current circulating supply. Beneat Supply Watch ranks ETHFI #12 of 25 with an overall supply score of 74 out of 100, as of Sep 6, 2026.
Supply score
74 / 100
Key figures
Supply next year
0.0% policy
Tokens unlocking, 12 months
3.9% of supply
Circulating
96.5%
Market cap
$563M
Supply direction score
70
Release pressure score
68
Program strength
84
Track record
80
Scores are 0–100 research shortcuts, not price forecasts. Sources: strong. Data as of Sep 6, 2026.
Supply history
Daily observed circulating supply from the market snapshot. Scheduled releases are shown separately below.
Upcoming releases
The published release schedule is fully dated and modeled. Investor vesting is complete; the final core-contributor tail ends in March 2027.
| Date | Allocation | Amount | Share of supply |
|---|---|---|---|
| est. | Core contributor vesting · gradual | 6.1M ETHFI | 0.61% |
| est. | Core contributor vesting · gradual | 5.9M ETHFI | 0.59% |
| est. | Core contributor vesting · gradual | 6.1M ETHFI | 0.61% |
| est. | Core contributor vesting · gradual | 5.9M ETHFI | 0.59% |
| est. | Core contributor vesting · gradual | 6.1M ETHFI | 0.61% |
| est. | Core contributor vesting · gradual | 6.1M ETHFI | 0.61% |
| est. | Core contributor vesting · gradual | 5.5M ETHFI | 0.55% |
How ETHFI supply changes
Paid for by
5% of protocol revenue
What happens
Revenue-funded buyback rebate
Where tokens go
Distributed to stakers; not burned
The revenue rebate buys ETHFI and distributes it to stakers. It can tighten float but does not reduce total supply.
Questions people ask about ETHFI supply
- Is ETHFI deflationary?
- ETHFI supply is expected to stay about flat over the next twelve months (0.0% policy). That figure is a published protocol policy, not a measured rate. Under its revenue-funded buyback rebate program, tokens are redistributed to holders, not destroyed, funded by 5% of protocol revenue. Known releases over the next twelve months equal 3.9% of current circulating supply. Beneat Supply Watch ranks ETHFI #12 of 25 with an overall supply score of 74 out of 100, as of Sep 6, 2026.
- When is the next ETHFI unlock?
- The next known ETHFI release is on Sep 18, 2026 (estimated date): 6.1M ETHFI from core contributor vesting, about 0.61% of reference supply. A release can add selling pressure but does not mean holders will sell.
- How much ETHFI is in circulation?
- 965.4M ETHFI is in circulation, about 96.5% of the 1.00B reference supply, with a market cap of $563M. Release progress is 5 of 5; expected completion: March 2027.
- How does ETHFI supply change?
- The revenue rebate buys ETHFI and distributes it to stakers. It can tighten float but does not reduce total supply. Program: Revenue-funded buyback rebate. Paid for by 5% of protocol revenue. Destination: distributed to stakers; not burned.
- How reliable is this data?
- ETHFI has strong sources: 2 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "matched". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.
Sources
- CoinGecko · Market and circulating-supply snapshot ↗2026-09-06
- ether.fi · ETHFI allocation and vesting ↗2026-09-01
Reconciliation: matched. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for ETHFI.
Compare with
All 25 tokens on Beneat Supply Watch · How Supply Watch compares with other tools
Research only. Not investment advice. Beneat Supply Watch does not forecast prices.