Despite a promising start, ETHFi's journey took a turn with a sharp 20% drop post-debut, leaving investors feeling the sting as its value dipped from $4.13 to $3.41 on Binance. However, the initial buzz was undeniable, achieving over $118 million in trading volume within a mere 45 minutes. ETHFi's fully diluted value soared to $3.6 billion, reflecting the market's valuation with the total circulating supply. With significant participation in the Binance Launchpad, including $2 billion in FDUSD stablecoin and 17.3 million BNB staked, the ETHFi allocations were distributed accordingly. Looking ahead, ETHFi's distribution plan outlines exciting prospects, with additional tokens planned for future releases. Meanwhile, Ether.Fi's Total Value Locked (TVL) has surged by 117% in the past month, nearing a staggering $3 billion in deposits. The protocol's restaking mechanism offers ETH stakeholders the chance to earn extra yield and loyalty points through a liquid restaking token (LRT). Keep an eye on ETHFi's evolving journey as it navigates the volatile waters of the crypto market! #ETHFiJourney #CryptoVolatility