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Product analysis

Ether.fi slashing cover,
coverage and gaps.

Catastrophe cover for ether.fi stakers against a mass slashing: only kicks in above 5,000 ETH of loss (nothing for small events) and is a private umbrella cover, not a retail product.

Raccoon Score 61/100 Limited

Who this is for: The ether.fi team, protecting its STAKERS (eETH/weETH holders) against catastrophic slashing

Verdict

A different animal from the retail listings: private, fixed-price at 0.75% per year, with a 5,000 ETH deductible, so it pays only on a catastrophic, correlated slashing event, not routine slashing. That structure fits its target, because restaking multiplies the slashing surface: on top of Ethereum consensus slashing, EigenLayer AVS slashing is now live and can even redistribute slashed funds. Ether.fi is a top-tier, heavily audited LRT (weETH carries an A+ risk rating), which supports the covered protocol. The caveats: the attachment point is very high (nothing until 5,000 ETH, tens of millions of dollars), it is not openly purchasable, the restaking-slashing surface it insures is genuinely new and largely untested, and non-slashing LRT risks (a contract bug, an eETH discount) are not this cover. It is also the single largest exposure in the whole set.

Confidence: medium 6 red flags As of 2026-07-22

Full report locked

The score above is free. The full analysis behind it is a paid, sourced report.

  • Coverage check & real-risk fit
  • Coverage gap map
  • Claims process & payout history
  • Live on-chain data & capital
  • Loss simulator (stress test)
  • Premium cross-check
  • Red flags & open questions
  • Full Raccoon Score (7 categories)
  • Methodology & sources
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4.99 USDC 7 days access · no subscription
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