ETHGas and ether.fi Announce $3B Deal to Build Institutional Blockspace Markets on Ethereum

Gate News message, April 15 — ETHGas, a performance infrastructure provider for Ethereum, and ether.fi, a non-custodial staking protocol managing over 2.8 million staked ETH, announced a three-year, $3 billion commercial agreement to develop institutional-grade blockspace markets on Ethereum.

Under the deal, ether.fi will commit approximately 40% of its current ETH holdings, equivalent to $3 billion, to ETHGas' High Performance Staking (HPS) Service for three years, deployed immediately upon execution. ether.fi will also use ETHGas' preconfirmation platform exclusively during the term. ETHGas creates an exchange layer where validators can pre-sell future block inclusion rights, introducing a forward curve (a pricing mechanism for future delivery) for Ethereum blockspace and enabling price discovery for the network's core resource.

"Every major commodity market in history has moved from spot to futures. Ethereum blockspace is next. ether.fi's commitment gives us the validator depth to make that market real," said Kevin Lepsoe, Founder and CEO of ETHGas. Mike Silagadze, CEO of ether.fi, added that participating in a structured forward market for blockspace opens yield opportunities that have never existed before.