Featured in a deep dive analysis comparing four onchain banking models, highlighting daily usage of personal and business cards for spending from onchain balances.

Secured $3 billion in ETH validator liquidity from ETHGas over three years for eETH liquid restaking token.

Surpassed 17,500 weekly active users on Optimism.

Offers a referral program providing 10% of referred users' spending as rewards during April 2026.

Withdrew approximately $230M in TVL from Scroll as part of migration to OP Mainnet.

Holds over 60% market dominance in the LRT (Liquid Restaking Token) sector.

Has a fixed supply of 1 billion ETHFI tokens with zero inflation and operates a dual buyback engine generating $16-24 million annually.

Generated $4 million in revenue from Cash Card product during its first 8 months of operation.

3.6M ETHFI tokens were withdrawn from Binance and sold for 1.587M USDC in a single transaction on 2026-04-12.

Reached 287,400 EtherFi cards, representing a 27% month-over-month increase.

Arthur Hayes sold 265,461 ETHFI tokens at $0.44 on April 7, 2026, after previously acquiring them at $0.51 between February 19 and March 18, 2026.

Reached over $480,000 in new user spending and distributed over $15,000 in rewards during the first week of the Dine Different campaign.

Included in a curated DeFi value screen of 16 protocols that passed criteria of P/F under 5x, positive 30-day revenue growth, and real scale, listed as number 8 with +4.9% 30-day revenue growth.

Ranked third in crypto cards volume during March 2026, contributing to the sector's all-time high of $606.6M.

weETH becomes the first liquid restaking token included in Reserve Protocol's ETH+ basket with a 22% allocation.

Enabled account funding with USDC from Solana and USDT from Tron with 1:1 transfer, no fees, and no bridges required.

Integrated with Aave V4 through a dedicated Spoke for eETH, enabling users to supply weETH and borrow against it within Aave's new Hub and Spoke architecture.

Distributed over $80,000 in USDC rewards to users through the Ride & Dine campaign.

Generates $15.1M in monthly fees, ranking second after Lido's $44.6M. Distributes 77% to stakers and card users, yielding $3.48M net earnings ($41.8M annualized) with a 22.8% margin.

Offers 3% cashback on ether.fi cards, with an additional 1% (total 4%) when claimed via Jumper Pass.

Reaches 9,000 daily users as of March 2026.

Integrated with 3jane to enable ETHFI, weETH, liquidETH, and liquidBTC holders to access unsecured credit lines.

Reached a 90-day high for daily transactions on Ethereum Mainnet on March 20, 2026.

Adding approximately 300 new cards per day.

Added Portuguese language support to the platform, accessible through Settings > Preferences > Language.

An adapter for ether.fi has been released as part of Wayfinder SDK v0.9.0.

Listed on Upbit, South Korea's largest crypto exchange, on March 19, 2026.

Integrated as collateral (eETH) in f(x) Protocol, enabling users to mint fxUSD stablecoin against eETH deposits with one-time fees and no variable interest rates.

Functions as a banking protocol, with card product generating over 60% of total revenue and growth in developing economies.

Resumed $50 million buyback program.

ETHFI token is now listed on the OTF (Ownership Transfer Frameworks) dashboard, which maps ownership mechanisms for token evaluation.

Active cards increased 34% quarter-to-date for Cash card product.

Team estimates $2B in annualized spend volume by end of year 2026, representing 3x growth from current levels for Cash card product.

Released Android app providing native mobile access to staking and DeFi participation.

weETH contributed to driving 25% growth in ETH markets on Arbitrum and helping reverse declining ETH supply on Arbitrum to over 840,000 ETH during Arbitrum's DRIP Season 1.

Launched frxUSD reward campaigns with Frax Finance on EtherFi Cash, offering ~3% daily yield on vault deposits. Two campaigns run through April 2026, with first week's rewards distributed April 3, 2026.

Began daily streaming rewards distribution to frxUSD holders as part of an incentive program.

Hosts analyst call on 2026-03-11 at 10:30 AM EST, discussing roadmap, protocol health, product updates, financial performance, and future plans for the ETHFI token.

Listed among top gainers on March 2, 2026 alongside AIXBT in relation to Kodiak Finance's $60K trading rewards program.

Released live LTV tracking feature in iOS app.

Completed final investor token unlocks March 18, 2026, with price returning to April 2025 levels.

Allocates 100% of all revenue generated from eETH withdrawal fees to buybacks of ETHFI token, with acquired ETHFI distributed among sETHFI holders (ETHFI stakers).

Executed $130,000 worth of ETHFI buybacks on 2026-02-23 and $100,000 worth of ETHFI buybacks on 2026-02-26.

Added to the Coinbase 50 Index (COIN50) in Q1 2026.

Reached all-time high in spend and borrow volume on EtherFi Cash on April 2, 2026, with daily spend at $2.5 million and weekly spend at approximately $15 million.

Mentioned as one of the accepted collateral types (weETH) in VaultedgeFi's private beta launch on Base, alongside wstETH and Morpho vault receipts.

ETH staked increased 33.6% year-over-year.

Integrated frxUSD in vaults to earn yield from Frax treasury, and on its VISA card product with 50 users.

Reduced buyback activity by 21% over 30 days but increased buyback activity by 34% over the most recent 7 days.

Released iOS app with Earn feature for direct staking, DeFi participation, and sending staked crypto.

Partnered with Chaos Labs for evaluation of Cap Money protocol in May 2025 as part of delegation due diligence process.

Partnered with FalconX, M11 Credit, and Symbiotic for an institutional restaking agreement for Cap Money protocol, committing 7,500 wstETH ($14M) for institutional lending, backing M11 Credit's stablecoin borrowing with FalconX handling prime brokerage to secure neofinance.

Revenue is projected to grow from $50M to $100M in 2026.

Operates with a team of 38 employees.

Allocated $25M into Plume Network's Nest RWA yield protocol for RWA yield from Superstate's USCC, providing RWA exposure to over $6B in deposits. Will add tokenized stocks, gold, silver as collateral for neobank credit card in March 2026.

Reached $50M revenue in 2025.

Unlocks investor tokens during the week of February 16-22, 2026, with allocations held by OKX Ventures and Consensys becoming liquid.

Deploys to OP Mainnet.

Migrated Cash product to OP Mainnet from Scroll, beginning March 31, 2026, with 70,000 active cards, 300,000 accounts, and $200M TVL.

Offers 8% cashback on purchases of $88 or more as a Lunar New Year promotion for Year of the Horse.

Running a spending challenge from February 6-28, 2026, offering a $45 bonus to new card users who spend $888 total across all categories, with bonuses paid by end of March 2026.

Reached 21,000 funded accounts with $256 revenue per user, with decreasing customer acquisition cost and increasing average revenue per user.

Extended 15% cashback on food, groceries, and rideshare purchases through 2026-03-31 for card users, with cashback credited in WETH on all card transactions.

Arthur Hayes sold 2.04M ETHFI tokens for 2.751M USDC, worth $954K, on February 8, 2026.

Arthur Hayes sold 2.15M ETHFI tokens at $0.47 per token on February 8, 2026, realizing a $630,000 loss from his December 2025 purchase at $0.74 per token, converting them to USDC.

A whale withdrew 1.36M ETHFI (worth approximately $645k) from Binance and staked them on 2026-02-03.

Allocated 1% of token supply to Protocol Guild for Ethereum core developer funding on January 30, 2024.

Implemented auto-compounding of all staking and re-staking rewards for eETH and weETH tokens, effective January 28, 2026, where rewards now automatically accrue to holder balances.

Integrated with Anchorage to bring restaking capabilities into an institutional-grade custody environment.

Launched 4% ETH and 2% BTC Vaults on January 21, 2026.

Recall Airdrop claim deadline occurs on 2026-01-20

Hosts a 2026 analyst call on January 19-25, 2026 as a public community session outlining strategic direction for the year ahead.

Reached approximately $4-5 billion in TVL on Ethereum in the liquid restaking category.

Integrated Origin Protocol's ARM, which buys discounted eETH and redeems it 1:1 to maintain the peg. Launched Pendle markets for wOETH and ARM-WETH-stETH, expiring 2026-06-24. ARM eETH strategy earned ~6% APY over 30 days.

Received "Best In Payments" award from The Rollup 2025 Awards Season on December 31, 2025.

Nominated for Revenue Meta Award with ceremony scheduled for 2025-12-30.

Received a stake of 3,598 ETH (approximately $10.8M) from a long-term holder on December 22, 2025.

weETH offers 16% APR yield opportunity on Aave with near infinite sizing.

Pike platform launches closed beta on Base, granting ether.fi and Lido communities invite-only access to its integrated DEX and lending platform built for Ethereum LST holders.

Announces building Bitcoin capital markets with Extended app as the leverage layer, enabling users to stake BTC for liquid eBTC tokens that serve as collateral for margin trading while earning staking yield.

weETH is now available for trading on MEXC exchange.

Ranks #7 among top 10 crypto projects by revenue generation, with token down 18% over the past 30 days.

Processes $150M+ spending with 43k active cards, reaching $126M card volume in Q4 2025 (up 160% QoQ) and $2.25M ATH daily volume by December. Executed a $50M buyback program, attracted ~$100M ETH from Peter Thiel-backed ETHZilla and 6,000 ETH from Optimism, and minted 300k ETH, the largest ever weETH mint.

Ranks in top 2 for number of transactions among neobanking platforms, ahead of MetaMask and other competitors.

Platform's DeFi bank has approximately 200k accounts and maintains zero liquidations across all loans.

Cash becomes the top revenue driver for the platform.

Current TVL stands at $8.9B with fees reaching $19M in 30 days and $77M in a single quarter.

$35 million in cumulative deposits from ether.fi and infiniFi flow to Cap protocol (capmoney_).

Level 5+ Jumper Pass holders receive 11% ETH cashback (10% + 1% extra) on the card during the 10-day promotional period.

All cashback on the platform converts to full payment in ETH across the entire program.

New ETHFI spot trading pairs list on MEXC exchange.

Annual user spending through the Cash card program nears $1B, achieving the highest cumulative spend volume of any non-custodial crypto card.

The card product launches a 10% cashback in ETH promotional campaign accessible through referral links. The disclosure notes this is promoted by a holder and collaborator of the project.

Selected for major asset expansion on Stable protocol through LayerZero as the canonical interop provider.

Launches Repay with LiquidUSD feature for instant debt repayment using LiquidUSD balance. Recruits users to test new physical card distribution process.

The LiquidUSD vault curator now allocates to Cap Money, adding a new deployment path to its strategy.

The project executes a $50M buyback while DCF Capital accumulates ETHFI tokens.

The LST protocol generates $969,149 in 7-day revenue, ranking #22 on DefiLlama's top-100 revenue dashboard as a new entrant.

weETH records largest mint ever at 300,000 ETH, and payment card achieves daily spend all-time high of $2.25 million.

Optimism Collective partners with ether.fi, deploying 6,000 ETH into weETH for its treasury and liquid staking strategy, positioning weETH as a core asset for OP Mainnet.