TVL stability (CoV over 90d)

ether.fi's assessment for RD-F-084 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Precise σ/μ CoV not calculable — DefiLlama TVL time-series returns 403 (known structural gap). Proxy: TVL peaked ~$9.17B (Dec 2024), current $5.13B — ~44% peak-to-trough drawdown. The decline is ETH-price-correlated rather than protocol-specific; ether.fi retained 2.58M staked ETH while peers declined. +4.04% 30d recovery noted. Yellow scored for the high observed peak-to-trough, medium confidence.

Sources #

URL
EtherFi TVL Growth 2024 — $9.17B peak (Dec 2024)TVL peak sourceretrieved 2026-04-28
URL
How Ether.fi Retained TVL Despite Waning Hype (CoinDesk, Mar 2025)CoinDesk ether.fi TVL resilience articleretrieved 2026-04-28

Methodology #

Compute the coefficient of variation (σ/μ) of daily TVL over the trailing 90 days as a proxy for operational stability.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol ether-fi factor RD-F-084 score yellow collected_at 2026-04-28 13:58:46