EtherFi protocol
Overview
EtherFi is a decentralized, non-custodial liquid restaking protocol built on Ethereum. It allows users to stake ETH and receive eETH (a liquid staking token), and also restake via EigenLayer to earn additional rewards. The protocol is designed to maximize capital efficiency while maintaining full user control of funds.
Within the DeFi Intel graph, EtherFi connects to 27 tracked entities, most strongly to EigenLayer, ether.fi Cash, ETHFI.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 8 of 27 total).
| Relation | Connected entity | Confidence |
|---|---|---|
restakes_on | EigenLayer | 95% |
launched | ether.fi Cash | 95% |
issues | ETHFI | 95% |
issues | EtherFi weETH | 95% |
backed_by | CoinFund | 95% |
backed_by | Bullish Capital | 95% |
integrates | EigenLayer | 90% |
competes-with | Renzo | 90% |
Frequently asked questions
What is EtherFi?
EtherFi is a liquid restaking protocol on Ethereum that issues eETH as a liquid staking token for staked ETH, and enables restaking of that ETH through EigenLayer to earn extra rewards.
How does EtherFi differ from Lido?
Unlike Lido, which only offers liquid staking (stETH), EtherFi additionally supports restaking of the underlying ETH via EigenLayer, allowing users to earn both staking and restaking rewards.
What are the risks of using EtherFi?
Risks include smart contract vulnerabilities, potential slashing on the restaking layer, and the complexities associated with the EigenLayer restaking mechanism.
What is EtherFi connected to?
In the DeFi Intel knowledge graph, EtherFi is linked to 27 other tracked entities, most strongly to EigenLayer, ether.fi Cash, ETHFI.
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