Stader ETHx (ETHx) is a liquid staking token representing Ethereum staked via the Stader protocol. When users stake ETH through Stader, they receive ETHx, which accrues staking rewards continuously while remaining tradable and usable across DeFi platforms.

ETHx allows users to maximize staking returns without locking their assets, offering liquidity and composability for trading, lending, or collateral use. It integrates with various DeFi applications, providing an efficient way to earn Ethereum staking rewards while retaining flexibility within the ecosystem.