Ether.fi provides non-custodial liquid staking solutions that automate asset deployment across optimized DeFi strategies to maximize user yields. Users can deposit assets like ETH and BTC into strategy vaults that auto-compound earnings across top protocols. The platform also offers a DeFi-native, non-custodial credit card providing cashback on worldwide purchases linked to the user's crypto portfolio.
Funding
$32.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+9Founders
Product
Problem
Traditional Ethereum staking solutions often require users to relinquish control of their ETH to centralized custodians or node operators, introducing counterparty risk and limiting participation in the broader DeFi ecosystem. Existing liquid staking derivatives may not fully capture the rewards available through restaking protocols like EigenLayer.
Solution
ether.fi provides a non-custodial, decentralized ETH staking protocol that allows users to retain control of their private keys while participating in staking and restaking activities. By staking ETH through ether.fi, users receive eETH, a liquid restaking token that accrues staking and restaking rewards. The protocol leverages native restaking via EigenLayer, enabling eETH holders to earn additional yields from various DeFi platforms. ether.fi also promotes Ethereum decentralization through its Solo Staker program, which encourages users to run their own validator nodes.
Target Audience
ether.fi targets ETH holders seeking to maximize their staking and restaking rewards while maintaining control over their assets, as well as DeFi users looking for liquid and composable assets for yield farming and other strategies.
Features
- Non-custodial staking where users retain control of their private keys
- eETH, a liquid restaking token that earns staking and EigenLayer restaking rewards
- Native restaking integration with EigenLayer for enhanced yield opportunities
- Solo Staker program to promote Ethereum decentralization by enabling users to run their own nodes
- Liquid vaults that automate yield optimization across various DeFi protocols
- Integration with over 400 DeFi and centralized exchange platforms
- A DeFi-native credit card that allows users to spend crypto and earn cashback
- Governance via the ETHFI token, allowing holders to shape the future of the protocol