ETHFI is the governance token of ether.fi, one of the largest liquid restaking protocols in decentralized finance (DeFi). Users stake ETH and receive eETH, a liquid token that keeps earning staking and restaking rewards across DeFi, while ETHFI gives holders voting rights over the protocol.

ETHFI doesn't have to stay inside the ether.fi ecosystem to be useful. In 2026, holders can put their tokens toward hotels, flights, gift cards and physical collectibles.

On Polkastarter, holders can buy rare trading cards, sealed products and video games, with a free mystery pack for new users.

One of the most practical options is travel. CoinBooking lets you book hotels and flights for prices up to 30% below Booking.com. New users can claim $25 off their first booking.

Key Takeaways

• ETHFI can also be spent on physical items. Polkastarter has rare trading cards, graded collectibles and sealed products, all available to purchase. New users can claim a free mystery pack.
• ETHFI can also help pay for your next getaway. CoinBooking accepts ETHFI and 200+ other cryptocurrencies, with hotels and flights available for up to 30% lower than Booking.com.
• ether.fi revenue also feeds back into ETHFI. Weekly buybacks come from eETH withdrawal fees and monthly buybacks from Stake, Liquid and Cash revenue, and the proceeds go to sETHFI holders.
• With Coinsbee, ETHFI holders can spend their tokens on gift cards and mobile top-ups from more than 5,000 brands in 185+ countries.

1. Buy Physical Collectibles With ETHFI on Polkastarter

Through Polkastarter, ETHFI holders can put their crypto toward something they can actually own. The marketplace offers authenticated trading cards, physical video games, and other premium collectibles. Each purchase comes with on-chain proof of ownership.

The items themselves remain in secure custody while ownership is transferred digitally. Buyers can later have their collectibles shipped to them or sold back through Polkastarter.

ETHFI isn't currently supported as a direct payment method, so holders need to swap it for a supported cryptocurrency first. Once funded, they can browse Lootboxes and other listings, with the contents, value, and odds shown upfront.

New users can receive a free mystery pack when they sign up. Browse Polkastarter's collectibles marketplace to see what's currently available.

2. Book Discounted Hotels and Flights With ETHFI on CoinBooking

Instead of leaving ETHFI sitting in your wallet, you can use it to book travel on CoinBooking, a leading Dubai-licensed crypto travel broker. You can book your next trip through CoinBooking at prices up to 30% lower than Booking.com. CoinBooking gives ETHFI holders access to more than 2 million hotels and flights across 190+ countries.

Holders can pay directly with ETHFI rather than converting it to fiat first. CoinBooking also supports 200+ other cryptocurrencies, along with Visa, Mastercard, Apple Pay, and Google Pay.

CoinBooking is also offering new users $25 off their first booking.

3. Use ETHFI Across the ether.fi Ecosystem on Ethereum

ETHFI has more than one role inside ether.fi. Staking the token mints sETHFI, which accrues rewards automatically and counts toward Club membership tiers without removing governance exposure.

Holders vote off-chain through Snapshot and on-chain through Agora on protocol upgrades and staking parameters. ETHFI launched as an ERC-20 on Ethereum on March 18, 2024, with supply capped at 1 billion tokens.

The protocol is built around three products, Stake, Liquid and Cash, with its staking arm holding roughly $3.34 billion. In February 2026, ether.fi put accounts at 300,000, active cards at 70,000 and card spending since launch at $265 million.

On August 13, 2026, the Summer release added tokenized stock and metals trading through xStocks, portfolio-backed borrowing through an Aave market on Optimism at rates near 4%, and programmatic ETHFI buybacks written into protocol contracts. A separate $50 million treasury buyback approved in November 2025 runs only while ETHFI trades below $3.

4. Spend ETHFI With a Crypto Card

ETHFI can also be used for everyday purchases with crypto payment cards. Depending on the provider, you can use a card to pay online, shop anywhere Visa or Mastercard is accepted, or make mobile payments through Apple Pay and Google Pay.

Options vary by region. RedotPay serves users across Europe, Asia, Latin America, and the Middle East, though it isn't available to US residents. KAST offers both virtual and physical cards for Solana users, while Ether.fi combines self-custody with cashback on eligible purchases.

To get started, choose a provider that supports your location, fund the account with ETHFI, and order a card. Check each provider's fees, features, and availability before signing up.

5. Buy Gift Cards and Everyday Products With ETHFI on Coinsbee

Coinsbee gives ETHFI holders one more way to spend their tokens on everyday purchases. The service supports 200+ cryptocurrencies and offers gift cards, prepaid products, and mobile top-ups across 5,000+ brands in 185+ countries.

The selection covers a range of categories, including shopping, entertainment, gaming, travel, and other everyday expenses. Select a brand and denomination, settle with ETHFI, and receive the digital code by email.

Have a look at Coinsbee's catalogue to see which options are stocked in your country.

6. Access Early-Stage Token Sales Through CoinTerminal

ETHFI holders can also put their tokens toward early-stage crypto projects through CoinTerminal. The launchpad gives users access to token sales before they are listed on exchanges, with contributions starting from $100 and no staking requirements.

ETHFI isn't accepted directly for contributions, so holders will need to swap it for USDT first. Once they have the USDT in their wallet, they can connect it to CoinTerminal, select an eligible sale, and make a contribution based on the sale terms. CoinTerminal also offers a full-refund guarantee on its launches, giving users an added layer of protection when investing in early-stage projects.

Visit CoinTerminal to see which token sales are currently open.

Frequently Asked Questions

1. What is ether.fi (ETHFI)?

ether.fi is a non-custodial liquid restaking protocol on Ethereum, where users stake ETH and receive eETH while keeping their own keys. It has since grown into an on-chain neobank with borrowing, tokenized stock trading and a payment card. ETHFI is its governance token.

2. Can I book hotels and flights with ETHFI?

Yes. CoinBooking accepts ETHFI along with 200+ other cryptocurrencies for discounted hotel and flight bookings across 190+ countries, at prices up to 30% below Booking.com. New users can claim $25 off their first booking.

3. Does Ether Fi have a token?

Yes. ETHFI is the governance token of ether.fi, an ERC-20 on Ethereum that became claimable on March 18, 2024 through Airdrop Season 1. Total supply is capped at 1 billion, and staking ETHFI mints sETHFI, which accrues rewards funded by protocol revenue.

4. Who is behind Ether Fi?

ether.fi was co-founded by CEO Mike Silagadze, who previously built the education software company Top Hat. The project raised a $5.3 million seed round in February 2023 and a $27 million Series A in February 2024, and ETHFI holders govern it through Snapshot and Agora.

5. What is the all-time high price of ETHFI?

ETHFI reached an all-time high of $8.57 on March 27, 2024, weeks after its launch, and it trades far below that level today. Its all-time low of $0.2671 came on June 5, 2026. Prices cannot be predicted, and this is not investment advice.