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Ether.fi to Move Cash Card to Optimism’s OP Mainnet Under Enterprise Deal

The move seeks deeper liquidity with dedicated enterprise backing, rolling out over the coming months.

Overview

  • About 70,000 active cards, 300,000 accounts, and a reported $160M+ in user TVL will migrate from Scroll to OP Mainnet under a long-term OP Enterprise partnership.
  • Ether.fi cites access to a larger DeFi ecosystem, shared liquidity, and broader asset options for deposits and withdrawals, with gas for card transactions covered by the company.
  • Users are set to receive OP token rewards plus ongoing incentives such as 3%+ cashback, in-app campaigns, travel discounts, and free metal cards.
  • Ether.fi Cash processes roughly 2,000 internal swaps and 28,000 daily spend transactions, translating to about $2 million in real-world payment volume; third-party data shows it drives over a quarter of crypto card spending.
  • Optimism reports the OP Stack handled 3.6 billion transactions in H2 2025 (about 13% of crypto activity) and says it will provide enterprise support for a seamless transition; Ether.fi’s broader protocol holds roughly $5.7 billion in TVL.