No single dated event in the next 90 days.
No new coins can be made. The team grant still unlocks.
ETHFI is the governance token of ether.fi, a staking app and crypto card: 965.35M of its fixed 1B coins circulate, and no new ones can be minted.
Sell pressure. The only new supply is the last team grant, unlocking every day until Mar 18 2027: 17.65M ETHFI in 90 days. Investor unlocks ended in March.
Buy pressure. Weekly buybacks and a growing stake are real, but the coins stay in the treasury or with stakers, so they remove 0.
Net. Net, supply grows about 1.83% in 90 days, and the same next.
No new ETHFI can ever be made. All 1B coins were created once at launch, the token contract has no mint function and cannot be upgraded, and supply has only gone down since (to 998,535,999 after earlier buyback burns).
The core-contributor grant (214.7M, 21.47% of supply) vests on a 3-year plan: one third came free in March 2025 and the rest drips out every day until Mar 18 2027, about 196,000 ETHFI a day or 17.65M every 90 days. About 32.2M is still locked, which matches the part of supply not yet counted as circulating. The investor grant finished on Mar 18 2026.
Tracked team-side wallets: the DAO treasury Safe (153.2M, after 20M moved out on Oct 4 2026 to the Safe holding the new 20M rewards buffer), a second treasury Safe (12.9M, sent 1M on Oct 2 2026), the largest team-grant wallet (101.5M, never moved), a small operating Safe (2.1M) and the staking pot where buybacks go (110.6M). All of these coins already count as circulating, so moving or spending them adds nothing new.
No bankruptcy estate, trustee or long-term lock holds ETHFI. The only locked coins are the unvested team grant in row 2.
Since a vote that closed on Sep 3 2026, the Foundation buys ETHFI every week with part of the card, swap and staking revenue (about $1.33M a month when proposed). The coins are kept in the Foundation treasury, paid to stakers or paid out as user cashback. All of those places already count as circulating, so the buying takes nothing out of the float.
No ETHFI was burned in these 90 days: supply read 998,535,999 at both ends and the dead address did not grow. Earlier buybacks in 2025 burned 1,464,001 ETHFI, but the current program keeps the coins instead.
A separate treasury buyback of up to $50M (approved in November 2025, only while ETHFI is below $3) reported no spending this quarter. Any coins it buys would also stay in the treasury, inside the float.
Staked ETHFI grew by 9.23M to 110.6M in these 90 days, helped by card memberships that reward staking. Staked coins can be withdrawn and still count as circulating, so a bigger stake takes nothing out of the float.
Two sides: how much people want ETHFI right now, and how much buying could come later.
This part is based on social media. It shows how hot ETHFI is right now. A better rank means more people are talking about it.
Today, people are talking about ETHFI for two reasons:
On Oct 6 2026 ether.fi said it will launch ether.fi USD, built with Ethena, which will handle the reserves and redemptions. ether.fi says it already holds over $300 million in stablecoins across its products, but no launch date was given. People ask whether this brings more income into the ether.fi system.
Also on Oct 6 2026, ether.fi picked MoonPay for bank transfers, crypto swaps and deposits inside its app, rolling out over the coming months. The ether.fi card handled about $123.7 million of spending in September 2026, up from $24.1 million a year before. People ask whether more card users will mean more demand for ETHFI.
Checked Oct 11 2026
Supply and demand point to a mixed long-run signal for ether.fi (Oct 11 2026, score 5/10). ether.fi adds +1.83% new supply in 90 days, and demand reads strong (3.5/5). ether.fi's price drivers: 2 ▲ price up, 0 ▼ price down.
It looks like it. Money in ether.fi Cash, its card side, has more than doubled since Jun 30 2026, and demand reads strong at 3.5/5 (Oct 10 2026). The drag is new supply: +1.83% more ETHFI in 90 days. By supply and demand, ether.fi's long-run signal is mixed today.
We would read ether.fi differently if new supply keeps arriving (+1.83% in 90 days), or demand falls from strong. Until then ether.fi's signal stays mixed.
ether.fi scores 5/10 on our framework (Oct 11 2026): supply 1.5/5 (heavy), demand 3.5/5. Over the next year ether.fi's supply changes +3.33%. The long-run signal is mixed.
Supply and demand favor ether.fi most when little new supply is coming, demand is strong and the price drivers point up. Right now ether.fi has +1.83% new supply in 90 days (heavy), demand strong (3.5/5), drivers 2 ▲ / 0 ▼.
ether.fi's price drivers today: 2 pointing up, 0 pointing down, out of 2. ▲ ETH staked: ETH deposits fell 45% from the Jan 2026 peak, now slowly recovering ▲ Cash deposits: Money in ether.fi Cash more than doubled since Jun 30 2026
ether.fi: mixed signal, 5/10 · Bitcoin: positive signal, 8.5/10 (Oct 11 2026). By supply and demand, ether.fi reads weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. ETHFI supply grows +1.83% in the next 90 days, so it shows in red: more ETHFI reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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