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Ether.fi's MAUs on Scroll Explode 300% to Record 24.6K: DeFi's L2 Shift in Full Swing

Ether.fi's MAUs on Scroll Explode 300% to Record 24.6K: DeFi's L2 Shift in Full Swing

Hey folks, if you're knee-deep in the DeFi scene like I am, you've probably noticed how layer-2 solutions are turning Ethereum into a speed demon without sacrificing that sweet security. The latest numbers from Token Terminal are a case in point: Ether.fi, the go-to liquid staking protocol, just smashed its all-time high for monthly active users (MAUs) on Scroll—clocking in at a whopping ~24.6K, up a mind-blowing ~300% in the last two weeks.

Line graph showing Ether.fi's monthly active users on Scroll rising sharply from May to September 2025, reaching 24.6K

That chart doesn't lie—it's a steady climb from a humble few thousand in May '25 to this explosive spike heading into September. For the uninitiated, MAUs measure how many unique wallets are interacting with the protocol each month, a solid gauge of real adoption beyond just hype. And on Scroll, a zkEVM layer-2 that's all about zero-knowledge proofs for faster, cheaper Ethereum transactions, this surge screams "something's cooking."

So, what's behind the boom? Let's break it down without the jargon overload. Ether.fi lets you stake your ETH (or even BTC and stables) to earn rewards while keeping your assets liquid—meaning you can still trade or lend them via their eETH token. It's non-custodial, so you hold the keys, and it's exploded in popularity since launching in 2023. But the real magic here ties back to their deep integration with Scroll.

Back in September 2024, Ether.fi announced Scroll as the settlement layer for their killer app: ether.fi Cash. Think crypto-native Visa card on steroids—borrow against your staked assets, spend anywhere with 8% cash back, all settled onchain with Scroll's low-latency magic. Fast-forward to mid-2025, and that partnership is paying dividends. With Scroll's security-first infrastructure handling autonomous, low-cost executions, users are flocking to Ether.fi for seamless restaking and real-world utility. No wonder overall MAUs for Ether.fi hit 24.9K recently, with Scroll capturing nearly all of it.

This isn't just numbers on a graph; it's a signal for the broader ecosystem. As Ethereum's L2s like Scroll mature, they're pulling in DeFi powerhouses and making room for everything from yield farming to—dare I say—meme token frenzies on scalable chains. If you're a blockchain builder or just dipping your toes, keep an eye on this duo. Ether.fi's revenue projections for FY2025 are eyeing $65-96M with juicy buybacks, and Scroll's traction could supercharge that.

What's your take? Is this the start of L2s dominating DeFi user growth, or just a flash in the pan? Drop your thoughts below—I'm all ears. And if you're hunting for more on how these trends ripple into meme token plays, stick around Meme Insider for the deep dives.

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