Announcing pxETH and ipxETH Restaking on EigenCloud
July 16th, 2025

Almost two years in, pxETH has carved out significant territory across Ethereum's liquid staking landscape. It's used throughout DeFi as a leading high-yield LST, powers Layer 1 and Layer 2 networks via Branded LSTs, and serves institutions through ipxETH. Today we announce our next expansion: a strategic partnership with EigenCloud that weaves restaking capabilities directly into pxETH's architecture.

Using EigenCloud as our exclusive restaking partner, Dinero unlocks new utility for both retail and institutional users, enabling them to secure Ethereum's expanding ecosystem while capturing additional yield.

Retail and Institutional Access

This partnership creates distinct but complementary pathways:

pxETH continues serving as the open DeFi primitive users know, maintaining all existing integrations and familiar user experience while gaining an additional yield source through restaking. DeFi protocols, individual users, and applications can access enhanced yields without changing their current workflows.

ipxETH provides the KYC-enabled, compliance-ready infrastructure that institutions require. Funds, treasuries, and banks now have the regulatory rails needed to participate in restaking while maintaining segregated custody and reporting standards their governance frameworks demand.

Why EigenCloud?

Ethereum’s security is its most valuable export. EigenCloud extends that value by transforming staked ETH into a shared security primitive for the entire ecosystem. Rather than fragmenting trust across siloed networks, EigenCloud consolidates it, allowing new services to launch with high security from day one while increasing capital efficiency for stakers.

For pxETH users, this unlocks a second yield stream. In addition to Ethereum staking rewards, users can earn incentives from Autonomous Verifiable Services (AVS) that require external security guarantees. Restakers choose which operators to delegate to, and operators select which AVS to support based on expected rewards and risk.

On the institutional front, ipxETH holders can opt into EigenDA, a ultra-high-throughput data availability service that eliminates blockchain application bottlenecks, particularly for Layer 2 rollups. EigenDA is secured by hundreds of operators and millions of restaked ETH and EIGEN tokens.

Institutional-Grade Restaking Infrastructure

Large-scale institutions require sophisticated infrastructure and proven security when deploying capital. Through our partnerships with leading players like Galaxy and Laser Digital, we're bringing institutional-grade restaking solutions to market in collaboration with EigenCloud. These alliances establish trusted pathways for institutions to participate in Ethereum's restaking economy at scale, which already secures $14.2B in restaked ETH today.

The timing couldn't be better. As traditional finance increasingly recognizes Ethereum's role as foundational infrastructure, institutions need battle-tested entry points into restaking yields. By combining pxETH's proven liquid staking track record with EigenCloud's security model, we're creating the institutional-grade restaking primitive that will onboard the next wave of capital into Ethereum's expanding yield market.

What's Next?

The EigenCloud restaking integration will go live after pxETH V2, which we’ll share more details on in the near future. Stay tuned!

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