Ether.fi Removes Restaking from weETH into a Separate Token

cryptonews.ruPublished on 2026-08-07Last updated on 2026-08-07

Abstract

Ether.fi has separated liquid staking from restaking by removing all restaking exposure from its weETH token. WeETH is now a pure liquid staking token (LST). A new token, weETHs, powered by Symbiotic, has been introduced as the dedicated liquid restaking token. The move aims to simplify user choice between basic staking and higher-risk/higher-reward restaking, which were previously bundled together, and to eliminate combined risk. The total value locked (TVL) in Ether.fi is approximately $3.55 billion. This change occurs amid a broader Ethereum community debate on staking rewards, including a criticized proposal (EIP-8363) to burn an increasing portion of validator rewards as the staked ETH ratio grows. Ether.fi's founder argued such a change would harm small stakers and staking-based products.

The developers of the Ether.fi protocol have eliminated the restaking function from weETH and moved it to a separate liquidity token — weETHs, built on Symbiotic.

We've officially taken all restaking exposure away from weETH

weETH is now a pure liquid staking token (LST)

All restaking has moved to weETHs, our liquid restaking token powered by @symbioticfi

One asset for staking. One for restaking. No bundled risk. pic.twitter.com/WHDGP5XkQc
— ether.fi (@ether_fi) August 6, 2026

The team has already withdrawn all restaking exposure from weETH. After the changes, the asset has become a token for traditional liquid staking.

Ether.fi believes that this separation will simplify the choice between basic staking and the additional option of restaking, which have different levels of risk and yield.

Previously, weETH holders simultaneously gained staking and restaking exposure. Restaking allowed using the same coin in various services and claiming additional rewards for locking it, but this also increased the risk of penalties and partial loss of the deposit.

According to DefiLlama, at the time of writing, the total value locked (TVL) in Ether.fi is approximately $3.55 billion.

Ether.fi's decision may be related to a broader discussion about Ethereum staking rewards. In early August, a group of blockchain researchers and developers proposed changing the network's issuance policy by burning a portion of validator consensus rewards.

EIP-8363 suggests that as the share of $ETH in staking grows, the network will burn an increasingly larger portion of validator rewards for attestations, block proposals, and participation in the sync committee.

Ether.fi founder Mike Silagadze criticized the initiative. In his opinion, the proposal would harm small-scale stakers and products built around staking rewards.

Recall that in June, Ethereum Research proposed allowing validators to redirect up to 10% of their staking rewards to fund the ecosystem. The risks mentioned at the time also included the cartelization of validators, conflicts of interest between operators and $ETH holders, as well as excessive issuance.

end-content

Trending Cryptos

CitreaCTR

wrapped stUSDTWSTUSDT

Bitcoin Shows Partial Recovery: Options Data Published, What Do They Tell Us?

Blockchain analytics firm Glassnode reports a shift towards more positive sentiment in the Bitcoin options market, with short-term fear indicators receding significantly. The one-week delta skew has dropped to around 7%, indicating reduced recent panic. However, longer-term skew metrics remain elevated at 10-12%, showing sustained investor demand for hedging against medium-to-long-term downside risks. The volatility pricing dynamic has also changed, with implied volatility (IV) now trading about 10% above realized volatility (RV), meaning the market is again paying a premium for uncertainty, though not at levels indicating severe stress. Call options continue to dominate open interest, totaling roughly $15 billion versus approximately $10 billion for puts. This persistent call-put spread, even after a major expiry event, suggests structurally stronger upside positioning despite spot market weakness. Recent option flows are concentrated around strike prices between $61,000 and $67,000, with notable demand for $65,000 calls. Glassnode concludes that while the market shows increasingly constructive short-term prospects with capital inflows painting a more positive picture, investors have not fully abandoned hedging strategies. High demand for long-term downside protection indicates ongoing caution regarding potential downward moves.

cryptonews.ru23m ago

Bitcoin Shows Partial Recovery: Options Data Published, What Do They Tell Us?

cryptonews.ru23m ago

President Donald Trump Clearly Draws 'Red Line' for China and Bitcoin (BTC)! Here's His Critical Message

US President Donald Trump, known for his support of the cryptocurrency market, made notable statements regarding the crypto market and Bitcoin. He asserted that the US must maintain its leadership in the cryptocurrency sector and should not allow China to dominate it. In an interview, Trump highlighted the technological competition with China, emphasizing that the cryptocurrency market is a key area of this race. He stated, "We do not want China to seize the crypto market. I also don't want China to win in artificial intelligence. We cannot let China overtake us in this area." Trump also noted that the US is currently ahead of China in AI and must preserve this advantage. Furthermore, Trump commented on Bitcoin's growing use in everyday payments, remarking, "I see more and more people paying with Bitcoin; they don't even know what cash is." He added that Bitcoin and cryptocurrencies reduce pressure on the US dollar, and their increasing adoption is viewed positively for the country.

cryptonews.ru1h ago

President Donald Trump Clearly Draws 'Red Line' for China and Bitcoin (BTC)! Here's His Critical Message

cryptonews.ru1h ago

Crypto Biz: Crypto’s biggest business is starting to look a lot like banking

The crypto industry's business model is increasingly converging with traditional finance, with revenue now driven by financial infrastructure like stablecoin reserves and tokenized funds rather than just asset prices. Key developments this week include BlackRock launching tokenized money market funds to help stablecoin issuers meet regulatory reserve requirements, deepening its push into blockchain-based finance. Meanwhile, a report shows tokenized gold trading volumes surged to $90.7 billion in Q1, but its use as collateral in DeFi remains minimal at just 1.5% of its market cap. Tether reported a $1.5 billion Q2 profit, fueled by interest from its vast US Treasury holdings, as USDT's market dominance held above 60%. Separately, Trump-linked Bitcoin miner American Bitcoin narrowed its losses despite record production, highlighting ongoing profitability challenges in the sector.

cointelegraph1h ago

Crypto Biz: Crypto’s biggest business is starting to look a lot like banking

cointelegraph1h ago

Is This the Calm Before the Storm in the Bitcoin World? Price is Stable, But the Options Market is Falling! What Does This Mean for BTC?

While Bitcoin's price has remained stable recently, a key warning signal emerges from the options market. Despite significantly lower volatility, investors are increasingly hedging against potential short-term downside risks. Data shows a notable increase in put option volume, with 53.8% of Bitcoin options traded in the past 24 hours being puts, particularly with strike prices between $62,000 and $63,000. This indicates some investors are preparing for a near-term price drop from current levels. However, the overall market sentiment isn't entirely bearish. Calls (bullish bets) still dominate open interest at 60.7%, suggesting long-term optimism persists. Luke Dines, senior research analyst at Bitwise, notes the market currently expects limited volatility. However, he warns that low trading volume presents a significant risk, as even minor shifts in buying or selling pressure could lead to sharper-than-expected price movements. He emphasizes that stable prices do not equate to a risk-free market. In conclusion, the current situation suggests a market perspective where short-term risk hedging is intensifying and investors are bracing for potential volatility, rather than signaling an immediate expectation of a major Bitcoin decline.

cryptonews.ru2h ago

Is This the Calm Before the Storm in the Bitcoin World? Price is Stable, But the Options Market is Falling! What Does This Mean for BTC?

cryptonews.ru2h ago

Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account

Carbon, an on-chain prime broker, has publicly launched trading for its "Carbon TradFi" markets, adding over 250 traditional finance instruments (equities, indices, forex, commodities) to its platform. Each on-chain position is hedged 1:1 at regulated off-chain venues, providing institutional depth from day one. Combined with its existing 530+ crypto perpetuals and 150 round-the-clock real-world asset (RWA) markets, Carbon now offers over 950 tradeable instruments in a single self-custodied account. This structure solves the liquidity cold-start problem for on-chain TradFi by inheriting depth from established markets. Traders can access 24/7 RWA markets or Carbon TradFi markets that track traditional hours. The platform also opened its Carbon Liquidity Provider (CLP) vault, a delta-neutral yield product. Carbon, operating on Arbitrum, has processed over $20B in cumulative volume.

TheNewsCrypto2h ago

Carbon Launches TradFi-Native On-Chain Derivatives Venue With 950+ Markets in One Account

TheNewsCrypto2h ago

Trading

Spot

Hot Articles

How to Buy WEETH

Welcome to HTX.com! We've made purchasing Wrapped eETH (WEETH) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Wrapped eETH (WEETH) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Wrapped eETH (WEETH)After purchasing your Wrapped eETH (WEETH), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Wrapped eETH (WEETH)Easily trade Wrapped eETH (WEETH) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

956 Total ViewsPublished 2024.03.29Updated 2026.06.02

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of WEETH (WEETH) are presented below.