What is it?
EtherFi is an innovative protocol for liquid staking on Ethereum, allowing users to stake ETH without having to entrust their funds to centralized services. EtherFiβs key distinction is that users retain full control over their private keys. The project is also integrating with EigenLayer, enabling additional yield opportunities through restaking.
Why itβs trending now:
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Fits the major trend toward decentralization and self-custody
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Integration with EigenLayer β one of the hottest restaking solutions
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Recently raised over $23M in a funding round led by Bullish and OKX Ventures (March 2025)
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Preparing for a major expansion of ETH restaking across additional networks
Risks:
β High competition in the liquid staking sector
β Security risks associated with second-layer and innovative restaking protocols
Conclusion:
EtherFi could become a leading solution for users wanting to stake Ethereum without sacrificing asset custody. With growing interest in decentralization and restaking yields, the project has strong potential.
