EtherFi is a decentralized liquid staking and restaking protocol on Ethereum that is notable for allowing stakers to retain control of their validator keys. Users stake ETH to receive eETH, a liquid staking token that automatically earns both Ethereum staking rewards and EigenLayer restaking rewards. EtherFi has grown to become one of the largest liquid restaking protocols by TVL. The protocol also offers Cash, a crypto-native Visa debit card funded by DeFi positions, and Liquid, a suite of automated DeFi vaults. ETHFI serves as the governance token for the EtherFi DAO.
Crypto Cards
EtherFi offers Cash, a crypto-native Visa debit card that can be funded directly from DeFi positions and staking rewards.
EtherFi is one of the largest liquid staking and restaking protocols, offering eETH that earns both Ethereum staking and EigenLayer restaking rewards while stakers retain key control.
EtherFi is a comprehensive DeFi platform combining liquid staking, liquid restaking, automated vaults, and a crypto debit card in one protocol.
Ethereum dApps
EtherFi operates on Ethereum as a leading liquid restaking protocol, enabling users to earn combined staking and restaking yields while maintaining key ownership.
EtherFi has established itself as a leading decentralized, non-custodial liquid staking protocol on Ethereum, distinguishing itself by allowing stakers to retain control of their keys โ a meaningful differentiator in the liquid staking landscape. The protocol's eETH liquid staking token enables users to earn staking rewards while maintaining DeFi composability across the broader ecosystem. EtherFi has attracted significant TVL, positioning it among the top liquid staking providers and demonstrating strong market confidence. The introduction of the Cash crypto card, allowing users to spend against their staked positions, is an innovative bridge between DeFi yields and real-world utility, though this feature is still maturing compared to established crypto card providers. The ETHFI governance token on Ethereum adds a decentralization layer to protocol decision-making. Key strengths include non-custodial architecture, restaking integration with EigenLayer, and a growing product suite. Concerns include smart contract risk inherent to complex staking mechanisms, competitive pressure from Lido and other protocols, and regulatory uncertainty around liquid staking derivatives. Overall, EtherFi represents a compelling and innovative entry in Ethereum's staking ecosystem.
Category Ratings
Crypto Cards
3.8
Crypto Staking
4.7
DeFi
4.5
Ethereum dApps
4.6
Feb 15, 2026
AI-Generated Review
Generated via Anthropic API.
This is an automated evaluation, not a consumer review.
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System Prompt Used:
You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.
Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts
User Prompt: Please review the following:
Name: EtherFi
Website: https://ether.fi
Categories: Crypto Cards, Crypto Staking, DeFi, Ethereum dApps
Token Data:
- Symbol: ETHFI
- Blockchain: Ethereum