//ether.fi Stake (eETH/weETH)
C

ether.fi Stake (eETH/weETH)

Risk Score 50/100·C+Value
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$5.1BTVL·$413MFDV·Liquid StakingWebsite →

ether.fi's eETH is a well-audited, market-leading liquid restaking token with $5.1B TVL and deep DeFi integration. Its native EigenLayer restaking model is genuinely novel and provides real yield advantages, but it layers EigenLayer slashing risk on top of standard LST risk. Rate: C (medium risk) — acceptable for DeFi-native users who understand restaking risk, but not suitable for conservative capital.

Risk Breakdown

Top Risks

1

EigenLayer restaking slashing: eETH is natively restaked via EigenLayer, meaning all eETH holders share proportional losses if an AVS is slashed. With live slashing active since April 2025, a major AVS incident could reduce eETH's value for all 300,000+ holders simultaneously.

2

Withdrawal liquidity risk under stress: While ether.fi claims withdrawals don't require waiting for EigenLayer's 7-day unbonding if the protocol has sufficient liquidity, a large simultaneous exit (e.g., during a market crisis) could overwhelm the liquidity buffer, forcing some users into the 7-day queue and creating secondary market discount pressure.

3

weETH DeFi integration concentration: weETH is used as collateral in Aave, Morpho, Pendle, and other protocols. An eETH depeg event (from slashing or withdrawal pressure) would cascade as a liquidation wave across all weETH-collateralized positions simultaneously.

4

Smart contract complexity across multiple auditors: ether.fi's staking infrastructure was audited by CertIK, Certora, Nethermind, and Omniscia across multiple versions. Multi-auditor complexity doesn't eliminate residual risk from novel EigenLayer integration code.

Frequently Asked Questions

Is ether.fi Stake (eETH/weETH) safe to use?
ether.fi Stake (eETH/weETH) receives a C risk grade (50/100) from Hindenrank, where lower scores indicate lower risk. ether.fi's eETH is a well-audited, market-leading liquid restaking token with $5.1B TVL and deep DeFi integration. Its native EigenLayer restaking model is genuinely novel and provides real yield advantages, but it layers EigenLayer slashing risk on top of standard LST risk. Rate: C (medium risk) — acceptable for DeFi-native users who understand restaking risk, but not suitable for conservative capital. ether.fi's eETH lets you earn both standard ETH staking rewards and EigenLayer restaking rewards in a single liquid token. It's one of the most adopted liquid restaking tokens with deep DeFi integrations, but it carries the combined risk of ETH staking and EigenLayer slashing — losses from EigenLayer AVS failures would affect all eETH holders.
What are the main risks of using ether.fi Stake (eETH/weETH)?
The key risks identified for ether.fi Stake (eETH/weETH) are: (1) If an EigenLayer-secured protocol (AVS) fails, all eETH holders lose a proportional share of their staked ETH. (2) During market stress, eETH withdrawals may be delayed up to 7 days if ether.fi's liquidity buffer is exhausted. (3) weETH used as DeFi collateral can be liquidated if the eETH/ETH peg breaks during a slashing event.
What is ether.fi Stake (eETH/weETH)'s risk score breakdown?
ether.fi Stake (eETH/weETH) scores 50/100 across eight risk dimensions: Mechanism Novelty: 8/15, Interaction Severity: 16/20, Oracle Surface: 4/10, Documentation Gaps: 2/10, Track Record: 3/15, Scale Exposure: 9/10, Regulatory Risk: 5/10, Vitality Risk: 3/10. The highest risk area is Scale Exposure at 9/10.
How does ether.fi Stake (eETH/weETH) compare to other Liquid Staking protocols?
Among 84 rated Liquid Staking protocols on Hindenrank, ether.fi Stake (eETH/weETH) ranks #83 by safety (lowest risk score = safest). Its 50/100 risk score and C grade place it among the riskier Liquid Staking protocols.
Has ether.fi Stake (eETH/weETH) ever been hacked or exploited?
ether.fi Stake (eETH/weETH) scores 3/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.
Last scanned 2026-04-30

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