ether.fi

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About Etherfi

Ether.fi is a decentralized, non-custodial liquid staking and restaking protocol. Users stake ETH while retaining control of their keys—a unique feature in the staking landscape.

The protocol issues eETH (rebasing) and weETH (wrapped, non-rebasing) tokens that earn both regular staking rewards and EigenLayer restaking rewards. Ether.fi has become one of the largest liquid restaking protocols.

With the ETHFI token and strong DeFi integrations, Ether.fi offers a complete staking solution. The protocol is expanding with Scroll partnership and its own L2 ambitions.

Key Features

Non-Custodial

Stakers retain control of their keys

eETH & weETH

Rebasing and wrapped token options

Native Restaking

Automatic EigenLayer integration

ETHFI Token

Governance and utility token

DeFi Integration

weETH widely supported in DeFi

Solo Staker Support

Run your own validator with eETH

Use Cases

Liquid Staking

Stake ETH and receive eETH

Restaking Rewards

Earn EigenLayer rewards automatically

DeFi Collateral

Use weETH in lending protocols

Solo Staking

Operate validators non-custodially

Yield Strategies

Stack yields with weETH in DeFi

Project Info

Founded 2023
Team Ether.fi
Funding $32M+

Frequently Asked Questions

eETH is rebasing—your balance increases as rewards accrue. weETH is wrapped eETH that doesn't rebase—its value vs ETH increases instead. weETH is better for DeFi (no rebasing issues). Both represent the same underlying position.

ETHFI is Ether.fi's governance token distributed via airdrop. It's used for governance voting and has utility in the protocol. ETHFI can be earned through loyalty points and various programs.

Unlike most staking protocols, Ether.fi uses a unique design where stakers control their withdrawal keys. Even if Ether.fi disappears, you can still withdraw. This is achieved through distributed key generation.

Ether.fi has been extensively audited and manages billions in TVL. The non-custodial design reduces protocol risk. Standard risks include smart contract risk and EigenLayer slashing risk. It's one of the more battle-tested LRT protocols.

Lido is established and widely integrated but no native restaking. Ether.fi offers restaking rewards plus non-custodial design. weETH earns more yield but has restaking risk. Use Lido for simplicity, Ether.fi for maximized yield.

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Explore Ether.fi

Non-custodial liquid staking

Last updated: 2024-12