Ether.fi
Staking · Liquid Restaking · weETH
Ether.fi is a decentralized, non-custodial liquid restaking protocol; users stake ETH for eETH (wrapped as weETH) which restakes via EigenLayer to earn staking plus restaking rewards.
Leading non-custodial liquid restaking.
weETH price
$1902.64
+2.7% 24h
Latest data · 15 min delay
Competitors
Ranked top→bottom — who competes with Ether.fi and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Renzo | Major liquid restaking protocol issuing ezETH, also built on EigenLayer. | Non-custodial liquid restaking of ETH via EigenLayer, issuing a tradable LRT usable across DeFi. | Renzo is a pure-play LRT issuer; Ether.fi has a broader product suite (Cash card, Liquid Vaults) and is the largest LRT by TVL. |
| 2 | Kelp DAO | Liquid restaking protocol issuing rsETH. | Accepts ETH/LSTs and issues a liquid restaking token restaked through EigenLayer. | Narrower product focus than Ether.fi and smaller scale. |
| 3 | Puffer | Native liquid restaking protocol issuing pufETH with anti-slashing tech. | Liquid restaking on Ethereum leveraging EigenLayer. | Emphasis on Secure-Signer/anti-slashing validator tech and a distinct node-operator model. |
| 4 | Swell | Liquid staking and restaking protocol (swETH / rswETH) building its own L2. | Offers liquid (re)staking of ETH usable in DeFi. | Pursues an app-chain/L2 strategy; different scale and token model. |
| 5 | Lido | The dominant Ethereum liquid staking protocol (stETH), not a restaking protocol. | Turns staked ETH into a liquid, DeFi-composable token; direct competitor for ETH deposits. | Lido is pure liquid staking without native EigenLayer restaking; far larger overall staking TVL but a different product category. |
| 6 | YieldNest | Curated liquid restaking baskets (MAX LRTs). | Both in Staking (Liquid Restaking). | Opinionated, curated LRT baskets ('MAX' tokens) that package AVS selection and risk management for users. |
| 7 | Bedrock | Multi-asset liquid restaking (uniETH / uniBTC). | Both in Staking (Liquid Restaking). | Multi-asset LRT suite (ETH and BTC) with an institutional design partnership (RockX). |