The deal will see ether.fi allocating $500 million to secure RedStone's data oracles, helping facilitate data between blockchains.

The performance of EtherFi's token could lift valuations of other restaking platforms ahead of their airdrops, one analyst noted.

The performance of EtherFi's token could lift valuations of other restaking platforms ahead of their airdrops, one analyst noted.

Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round

Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round

Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.

Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.

Ether.Fi has shot to the top of the list of crypto's hottest projects as the biggest liquid-restaking protocol by total value locked, or TVL.

Ether.Fi has shot to the top of the list of crypto's hottest projects as the biggest liquid-restaking protocol by total value locked, or TVL.

Ether.Fi has responded to the suspension of its newly-launched NFT (non-fungible token) collection on OpenSea after the prominent digital marketpla