ether.fi (ETHFI) is a liquid restaking protocol operating on Ethereum. Its liquid restaking token, eETH, is Ethereum's first native liquid restaking token. Users can stake ETH on ether.fi to mint eETH, maximizing their staking returns. Minting eETH grants users exposure to four types of rewards: Ethereum staking rewards, ether.fi Loyalty Points, restaking rewards (including EigenLayer points), and the opportunity to provide liquidity to DeFi protocols.
ETHFI recorded a price decrease of 13.79% in the last 24 hours and at the time of writing, ranking among today’s losing assets.
The decline in ETHFI's price may be due to the general downturn across Bitcoin and Ethereum markets. ETHFI, which benefited from Ethereum’s recent surge, might now be experiencing a correction linked to broader market conditions.
