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Liquid RestakingEthereum
EtherFi: Native Liquid Restaking Guide 2026
The largest native liquid restaking protocol · +150 XP · 10 min read · Updated March 2026
TVL
$8.2B
eETH Supply
~2.1M ETH
Staking APR
~3.5%
Restaking APR
~2-5% variable
Token
$ETHFI
Non-Custodial
✓ User Keys
What is EtherFi?
EtherFi is the largest native liquid restaking protocol on Ethereum. Stake ETH, receive eETH (a liquid token), and earn ETH staking rewards PLUS additional rewards from EigenLayer restaking — simultaneously.
🌐Ecosystem Watch
We maintain relationships with builders across ecosystems. Our coverage reflects boots-on-the-ground knowledge from governance forums and developer Discord channels.
Unlike wrapped staking tokens, EtherFi is non-custodial: you retain withdrawal keys and full control. Your eETH stays liquid for DeFi use while earning double rewards.
Key Features
Non-Custodial Staking
You keep your withdrawal keys—complete control over your assets. No bridge risk.
eETH Liquid Token
Use eETH as collateral in Aave, Curve, Uniswap while earning restaking rewards.
Double Rewards
Earn both Ethereum staking rewards (~3.5%) AND EigenLayer AVS rewards (~2-5%).
ETHFI Governance
Governance token that controls protocol fees, validator selection, and treasury.
Cash Card
Spend staking rewards instantly with a branded debit card (experimental feature).
Symbiotic Integration
Access to Symbiotic protocol rewards for additional yield opportunities.
How to Stake ETH on EtherFi
1. Connect Your Wallet
Visit stake.etherfi.com and connect MetaMask, Ledger, or your preferred Ethereum wallet.
2. Stake ETH
Choose amount to stake (min: typically 0.001 ETH). Approve the transaction.
3. Receive eETH
Instantly get eETH in your wallet (1:1 ratio initially). eETH accrues rewards daily.
4. Claim Rewards
Monitor rewards via dashboard. eETH price increases as staking rewards accrue. Withdraw anytime.
⚠️ Risks to Know
Smart contract risk: Non-custodial doesn't eliminate code bugs. Audits reduce but don't eliminate risk.
Slashing risk: EigenLayer operators can be slashed for misbehavior, reducing restaking rewards.
Liquidity risk: eETH liquidity varies across DEXs; may incur slippage when exiting large positions.
Slashing risk: EigenLayer operators can be slashed for misbehavior, reducing restaking rewards.
Liquidity risk: eETH liquidity varies across DEXs; may incur slippage when exiting large positions.
Start liquid restaking with EtherFi
Earn staking + AVS rewards simultaneously