ether.fi is the leading decentralized, non-custodial liquid restaking protocol. Users stake ETH to mint eETH/weETH, which natively restakes into EigenLayer AVSes and plugs into DeFi (Pendle, Aave, Curve) plus ether.fi Cash and Liquid vaults.
One ETH deposit flows through four stages — each adds a new layer of yield.
You send ETH into ether.fi's LiquidityPool. The protocol runs its own validators and stakes the underlying ETH on Ethereum. Nothing is earning yet — advance the rail to mint your liquid token.
Tap a stage pill or use Next step to walk the pipeline.
Live signals detected by Sentinel monitors across all five risk classes.
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
Standard ETH liquid staking captures only the consensus-layer staking yield; users have to choose between liquidity, restaking exposure, and DeFi composability.
eETH/weETH lets a user hold one liquid token that simultaneously earns Ethereum staking rewards, EigenLayer AVS restaking rewards, and is accepted as collateral across DeFi — without giving up custody of validator keys.
Native Restaking architecture delegates ETH at the validator level (not just inside an EigenLayer pod), market-leading LRT TVL and deepest weETH secondary liquidity, plus a vertically-integrated product stack (Liquid vaults, Cash card, BTC/USD variants).
ether.fi is a Liquid Staking protocol operating on Ethereum, Arbitrum, Base, Optimism, Scroll. ether.fi is the leading decentralized, non-custodial liquid restaking protocol. Users stake ETH to mint eETH/weETH, which natively restakes into EigenLayer AVSes and plugs into DeFi (Pendle, Aave, Curve) plus ether.fi Cash and Liquid vaults.
eETH/weETH lets a user hold one liquid token that simultaneously earns Ethereum staking rewards, EigenLayer AVS restaking rewards, and is accepted as collateral across DeFi — without giving up custody of validator keys.
DeFi Sentinel rates ether.fi AA with a safety score of 85/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. ether.fi has 15 audits on record. DeFi Sentinel's analysis flagged 3 medium, 5 low risk alerts across Governance & Centralization, Smart Contract & Technical Risk and Economic Design & Market Risk. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
ether.fi has a DeFi Sentinel safety score of 85/100 (rating AA), last updated May 21, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
ether.fi is deployed on Ethereum, Arbitrum, Base, Optimism, Scroll.
Yes. ether.fi has 15 audit reports on record from firms including CertiK, Omniscia, Nethermind. Audit reports and dates are linked under the Resources tab on this page.
