ℹ What Is ETHFI / ether.fi

ether.fi is a liquid restaking / non-custodial staking protocol on Ethereum. Users can stake ETH or liquidity tokens, receive eETH (a rebasing liquid staking token), and retain composability in DeFi.

ETHFI is the governance token of the ether.fi ecosystem, used by holders to participate in governance, direct protocol decisions, and capture value from ecosystem growth.

ether.fi also runs token buybacks / burns using protocol revenue to reduce supply and reward stakers.

The project is expanding:

  • It launched beHYPE, a liquid staking token for the Hyperliquid ecosystem in collaboration with HyperBeat.

  • It integrated weETH (non-rebase version of eETH) as collateral in protocols like Maple, enabling borrowing against staked assets with ETHFI incentives.

  • It adjusted its incentive / rewards program via governance: ending legacy incentives and moving to a new “Member Rewards” model.