Glossary
ether.fi
A liquid-restaking protocol on Ethereum that issues eETH for native-restaked ETH and supports a non-custodial validator design where users hold their keys.
ether.fi is the largest liquid restaking protocol on Ethereum by TVL. Users deposit ETH, receive eETH (rebasing) or weETH (non- rebasing), and the protocol natively restakes the underlying via EigenLayer.
A distinguishing feature is the non-custodial validator design: users own keys to the validator that holds their stake, rather than delegating to a custodian. ether.fi also runs operator businesses (Operation Solo Staker, Liquid vaults), making it one of the more vertically integrated restaking protocols.