Ether.​fi Cash Crosses $50M in Spending Milestone

馃挵 $50M spending milestone

By ether.fi
Sep 25, 2025, 4:17 PM
twitter
News article
Photo by ether.fi

Ether.​fi achieved significant milestones this week with major growth across multiple fronts.​

Key Highlights:

  • Ether.​fi Cash crossed $50M in total spending
  • $ETHFI token launched on Upbit exchange
  • Revenue figures updated showing $80M annual run rate on Token Terminal
  • User @litocoen earned $4k cashback in single transaction while paying taxes

The platform continues expanding with various incentive program updates and maintains strong momentum in the decentralized finance space.​

Stay updated on Ether.​fi's latest developments and earning opportunities.​

Sources
Read more about ether.fi

**Ether.fi Goes Live as Core LST Provider on Plasma with weETH Integration**

**Ether.fi** has officially launched as the primary liquid staking token (LST) provider on Plasma blockchain, bringing **weETH** to the ecosystem. **Key developments:** - weETH is now available on **Aave markets** on Plasma - weETH transfers are fully operational - Integration builds on previous Stargate availability **About Plasma:** Plasma is a high-performance blockchain specifically designed for stablecoins, offering scalability and security. **Aave Integration Details:** - Initial asset list includes USD, USDe, sUSDe, XAUt, WETH, and weETH - Deployment handled by BGD Labs for Aave DAO - Risk analysis completed by Chaos Labs and Llama Risk - Chainlink provides price feeds This expansion gives weETH holders new opportunities for lending and borrowing on a specialized stablecoin-focused blockchain. [Access Plasma markets](https://app.aave.com/markets/?marketName=proto_plasma_v3)

FalconX Adds eETH Support Across Trading, Credit, and Custody Services

**FalconX has integrated eETH** across its institutional trading platform, marking a significant step for Ether.fi's liquid staking token. **Key features now available:** - OTC liquidity access for eETH trading - eETH as collateral for credit and derivatives transactions - Full institutional-grade infrastructure support This integration spans **spot trading, derivatives, and custody services**, providing institutional clients with comprehensive eETH access. The move represents **eETH's evolution into institutional-grade infrastructure**, following FalconX's similar integration of USDe earlier this year. [Learn more about the integration](https://www.falconx.io/newsroom/falconx-integrates-etherfis-eeth-across-trading-credit-and-custody)

DeFi Banking Alternatives Push for Real-World Adoption

Industry leaders are highlighting efforts to create **banking alternatives powered by DeFi** technology. The focus has shifted toward delivering **real-world adoption** that the decentralized finance sector has long promised. - Companies are actively working to bridge traditional banking gaps - DeFi solutions aim to provide practical financial services - Industry momentum building toward mainstream implementation This represents a **concrete step** toward making DeFi accessible beyond crypto-native users.

馃彣 Last Minute Token2049

馃彣 Last Minute Token2049

**Ether.fi's travel platform** offers significant savings for Token2049 Singapore attendees with **up to 60% off** leading travel sites. **Key highlights:** - Shangri-La hotel costs **less than half** the price compared to Booking.com - All taxes and fees included in displayed prices - Platform typically reserved for cardholders now available to anyone - Additional **5% cashback** for cardholders **Perfect timing** for last-minute conference bookings with transparent pricing.

Ether.fi Partners with Anchorage Digital for Institutional weETH Access via Porto Wallet

**Ether.fi** has announced a partnership with **Anchorage Digital** to provide institutional access to weETH through Porto. **Key Details:** - Porto is an institutional-grade self-custody wallet - Enables seamless access to Ether.fi's liquid staking services - Designed specifically for institutional users seeking secure DeFi exposure **Background Context:** Porto already supports access to over 70,000 dApps through WalletConnect integration, making DeFi more accessible for institutional capital deployment. This partnership expands institutional access to liquid staking derivatives in the Ethereum ecosystem.

DeFiStakingYield