According to @KookCapitalLLC, the liquid restaking protocol Ether.fi has launched a new crypto card that offers users 3-5% cashback on all purchases. For traders and DeFi users, a significant feature is that these rewards are delivered instantly on-chain, which could enhance the utility and demand for the platform's native token, ETHFI. The announcement highlights a quick five-minute sign-up process, aiming to accelerate user adoption.

According to Fintech Blueprint, while the broader DeFi sector faces declining total value locked (TVL), Ether.fi is maintaining stability by leveraging its liquid restaking protocol. The latest analysis highlights that Ether.fi's ETH-denominated supply has quietly reached record highs, even as TVL in USD terms contracts. This resilience suggests strong user confidence in staking mechanisms and could signal a potential shift in capital allocation within the crypto market, especially for traders monitoring ETH and related DeFi protocols (source: Fintech Blueprint deep dive).