Long ETHFI

-On revenue, it trades at roughly the same multiple as Lido, despite staking accounting for only 25% of its revenue. -The market is essentially valuing ETHFI like a staking protocol when the business is becoming much more than that. -As lending scales through its own Aave v4 instance, Etherfi should greater resemble a neobank. If that plays out, I think Aave becomes a more relevant valuation comp than Lido. -The tokenomics are also materially better. Programmatic buybacks are going live, with another token related announcement still to come.

Entry price

$0.431591

Entry BTC price

$62,569

Exit price

$0.548698

Closed

8/21/2026