Midas powers Ether.fi’s second Liquid RWA vault in partnership with Plume Network

RWA Signal Insight
Private CreditEther.fi has committed $100 million from its $6 billion deposit base into a new Liquid RWA vault, marking a significant expansion into institutional-grade real-world asset yields. Launched on June 5, 2026, the vault utilizes Midas’ Vault OS infrastructure and Plume Network’s Nest Vaults to provide users with exposure to overcollateralized credit pools, AAA-rated CLOs, and bond ETFs. This initiative allows ether.fi users to access these traditional financial instruments directly through the platform's interface without navigating external protocols. The $100 million allocation represents a fourfold increase over the protocol's previous $25 million investment in Plume’s Nest protocol. This move follows the successful launch of the EURC Liquid vault in May 2026, which was also powered by Midas. While this integration bridges decentralized finance with traditional assets, it introduces distinct credit risks associated with the underlying financial instruments. Consequently, investors must recognize that these RWA yields carry different risk profiles compared to standard ETH staking. This development highlights the growing trend of major restaking protocols diversifying into tokenized real-world assets to enhance yield opportunities for their liquidity providers.
Key points
- Ether.fi allocated $100 million into a new Liquid RWA vault via Midas Vault OS.
- The vault provides exposure to AAA-rated CLOs, bond ETFs, and overcollateralized credit pools.
- Plume Network’s Nest Vaults provide the underlying framework for the new RWA product.
- This $100 million commitment marks a fourfold increase from previous investments in Plume.
Background
Ether.fi is a prominent restaking protocol that allows users to stake ETH while maintaining liquidity through liquid staking tokens. Midas provides 'Vault OS' infrastructure designed to facilitate the tokenization and management of real-world assets on-chain. Plume Network is a blockchain ecosystem focused on integrating real-world assets through specialized frameworks like Nest Vaults.