Staking · Liquid Staking · ankrETH
Ankr's ankrETH is a reward-bearing liquid staking token for Ethereum, part of Ankr's broader multi-chain staking and RPC node infrastructure.
Multi-chain liquid staking and node infrastructure.
ankrETH price
$0.0034
-0.4% 24h
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Liquid staking across many chains backed by Ankr's global node infrastructure business.
Ankr's non-custodial liquid staking product lets users stake assets across multiple chains and receive reward-bearing liquid staking tokens (ankrETH for ETH, ankrBNB for BNB, plus FTM, AVAX, POL and FLOW variants). The value of one liquid token grows against the underlying asset over time as staking rewards accrue; token quantity stays fixed. Ankr charges a technical service fee on staking rewards.
Ankr's Ethereum liquid staking token. A reward-bearing (value-accruing, non-rebasing) token: the fair value of 1 ankrETH versus ETH increases over time as staking rewards accumulate inside the token, while the holder's balance count stays the same. ankrETH can be bridged to other chains and used across DeFi for additional yield layers. It superseded the earlier aETHb token.
Ankr's core infrastructure business: a decentralized network of node providers delivering RPC (Remote Procedure Call) endpoints and Web3 APIs across a large set of blockchains, so developers can read/write chain data without running their own full nodes. Also includes Advanced APIs, App Chains-as-a-Service, and gaming SDKs.
The native ERC-20 utility/governance token of the Ankr network, used across its infrastructure and staking ecosystem. Distinct from the liquid staking tokens (ankrETH, ankrBNB) which represent staked positions.
10% of staking rewards
Ankr Docs / Ankr staking guide2017, by Chandler Song, Ryan Fang and Stanley Wu
DailyCoin - Ankr Web3 infrastructure provider~$5 million; Binance froze ~$3M of attacker funds
CoinDesk - Ankr exploited for over $5MHow Ankr maps onto established TradFi structures, and where it diverges.
Cloud infrastructure / API provider (e.g., AWS-style managed services)
Ankr
Ankr's RPC and Web3 API business plays a role analogous to a managed cloud/API provider: developers pay for reliable access to blockchain read/write endpoints instead of provisioning and maintaining their own node servers.
TradFi analogue
Ankr's node layer is decentralized across independent providers rather than centrally owned data centers, and it settles/relays blockchain state rather than hosting arbitrary applications.
Interest-bearing deposit / money-market fund receipt
Ankr
Holding ankrETH is loosely comparable to holding an interest-bearing receipt: the position accrues yield (staking rewards) and represents a claim on the underlying deposited asset.
TradFi analogue
There is no bank or insured deposit; yield comes from Ethereum protocol staking rewards, the receipt is a freely transferable on-chain token usable in DeFi, and it carries smart-contract, slashing and depeg risks with no deposit insurance.
Ankr
Web3 infrastructure company / protocol operator Founded in 2017 by Chandler Song, Ryan Fang and Stanley Wu (an ex-Amazon engineer). Ankr operates as a company building decentralized RPC/node infrastructure, Web3 APIs and multi-chain liquid staking. It is a venture-backed (Series C) company with Binance Labs among its strategic investors.
Key milestones: launches, upgrades, exploits and governance events.
First ETH liquid staking audit (Beosin)
ExecutedBeosin audited Ankr's ETH liquid staking (Stkr) smart contracts, an early milestone in Ankr's liquid staking product line.
SourcePost-exploit security hardening
ExecutedAfter the aBNBc exploit, Ankr moved to multi-signature authentication and timelocks for contract updates, enhanced background checks, and new monitoring/notification systems, alongside reissuing ankrBNB.
SourceankrETH is a reward-bearing (value-accruing) token, not a rebasing one. Your ankrETH balance stays constant in number, but the fair value of 1 ankrETH versus ETH increases over time as staking rewards accumulate inside the token.
On December 1-2, 2022, an attacker exploited an infinite-mint bug in Ankr's aBNBc (BNB liquid staking) token contract on BNB Chain, minting a massive supply and swapping it for around $5 million in value. Ankr traced the root cause to a former team member who used a social-engineering and supply-chain attack to compromise a deployer private key. Ankr discontinued aBNBc/aBNBb, issued a new ankrBNB token airdropped to affected holders, and reimbursed liquidity providers.
Ankr's primary business is Web3 infrastructure: it runs a decentralized node network providing RPC endpoints and Web3 APIs across many blockchains, plus Advanced APIs, App Chains-as-a-Service and gaming SDKs. Liquid staking is one product line within this broader developer-infrastructure company.
Yes. Ankr charges a technical service fee taken from the staking reward (documented at 10% of rewards for ETH liquid staking). There is no advertised minimum stake amount for liquid staking.
Yes, extensively. Ankr publishes audit reports on its docs site covering ETH, BNB, AVAX, FTM, POL and FLOW liquid staking, delegated staking and its bridge, from firms including Beosin, PeckShield, Veridise, Salus and Halborn between 2020 and 2024.
