Ether.fi is coming to Optimism
Today, we announce our plan to migrate to Optimism.
Over the coming months, 70,000 active cards, 300,000 accounts, and $160M+ in TVL will move to OP Mainnet, marking a long-term partnership between ether.fi and Optimism aligned around a shared vision of accelerating global onchain payments and bringing one of the fastest-growing crypto payments products to the Superchain.
Since launching Cash in September 2024, ether.fi has grown into the largest non-custodial crypto credit card with over $265M in total spend volume. Our users benefit from a suite of integrated DeFi products that let them earn on their crypto and spend it in the real world with ease. As our product ambitions have expanded, we’ve chosen to partner with Optimism to tap into deeper onchain liquidity, a mature DeFi ecosystem, and native stablecoin support that will unlock the next generation of features for our users.
The migration to Optimism is driven by our commitment to delivering the best possible experience for Cash users. The advantages of moving to OP Mainnet enable ether.fi to build a seamless payments experience that makes using crypto in everyday life effortless. This partnership also means enhanced cashback rewards in the assets our users want, like USDC, ETH, and BTC. We’ll share more details on this soon.
Our users’ account safety and a smooth transition will be our top priorities throughout this migration. Optimism has a proven track record of facilitating high-profile integrations, including World Coin, Coinbase’s Base, and Uniswap. Our close collaboration with the Optimism team will ensure that ether.fi users will experience minimal disruption throughout the process. Until then, ether.fi users can continue to use our products as usual.
This partnership is just the beginning. Moving to Optimism unlocks a new design space for ether.fi to build products that weren’t possible before. We’ll be sharing more about what’s coming in the months ahead. In the meantime, follow us on X (Twitter) and join our Discord to stay updated on the migration timeline and upcoming announcements.
