Liquid Restaking · Review
ActiveBedrock uniETH Review 2026: Non-Rebasing ETH Liquid Staking
Bedrock uniETH is a non-rebasing liquid staking token for ETH, where each token grows in value against ETH as staking rewards accrue. It is a small Ethereum-only product within Bedrock's wider shift toward Bitcoin yield.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.5/10
Good
Our verdict on Bedrock uniETH
6.5/10Bedrock uniETH suits ETH holders who want a non-rebasing liquid staking token and are comfortable with a smaller protocol. Its main strength is a simple model: a fixed balance that rises in value against ETH, backed by two listed audits. The main caveat is that Bedrock's focus has moved to Bitcoin yield, and fees, redemption terms and operator details are not public. Check the docs and size positions carefully.
Score breakdown
How Bedrock uniETH scores
- Security
- 6.5/10
- Ease of use
- 7.0/10
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Bedrock uniETH?
Bedrock uniETH is a liquid staking token for ETH. According to DefiLlama, it represents the staked ETH in Bedrock plus all future staking rewards, and it is listed under Liquid Restaking on Ethereum.
DefiLlama shows about $24.9 million in TVL, up 3.0% over seven days, and lists the product since April 2023. Two audits are listed, and the protocol has its own token, BR.
Bedrock's homepage now frames the project as Bedrock 2.0, an intelligent yield engine for Bitcoin capital, built around uniBTC, brBTC and vaults. uniETH remains in the product list, labelled ETH Liquid Staking with a 2.82% AVS rewards figure. Anyone evaluating uniETH should note that the platform's main focus has shifted toward BTC.
How Bedrock uniETH works
You deposit ETH with Bedrock and receive uniETH. The ETH is staked, and uniETH represents that stake plus all future staking rewards.
uniETH is non-rebasing. The number of tokens in your wallet does not change, but each token becomes worth more ETH as rewards accrue. The homepage also shows 2.82% AVS rewards, which suggests exposure to restaking-related rewards.
Because uniETH is a token, it can in principle be held or used elsewhere in DeFi. The project does not describe the exact redemption process or validator setup, so check the docs for those details.
6 features
Key features
01
ETH liquid staking token
uniETH represents staked ETH plus all future staking rewards, so holders keep a liquid token while their ETH earns yield.
02
Non-rebasing design
The token quantity stays fixed and its value rises against ETH over time, rather than the balance increasing.
03
AVS rewards exposure
The homepage shows a 2.82% AVS rewards figure for uniETH, pointing to restaking-related reward exposure.
04
BR governance
BR holders can lock the token to influence strategy additions and capital allocation across the Bedrock platform.
05
Audits and monitoring
Bedrock names BlockSec and PeckShield audits, a live proof-of-reserves page, and AI-assisted 24/7 monitoring on its homepage.
06
Wider product suite
uniETH sits beside uniBTC, brBTC and uniIOTX, so users can access several liquid staking and yield products from one platform.
Pros and cons
What we like
- Non-rebasing design makes the token's value growth straightforward to track against ETH.
- Represents staked ETH plus all future staking rewards in one liquid token.
- Two audits are listed on DefiLlama, and the homepage names BlockSec and PeckShield.
- Homepage describes live proof-of-reserves and AI-assisted monitoring.
- Listed since April 2023, so it has a multi-year presence.
- Part of a broader product suite with a governance token, BR.
Watch out for
- Smart-contract risk applies, since staked ETH and restaking exposure sit in on-chain contracts.
- The homepage focus has moved to Bitcoin yield (Bedrock 2.0), so uniETH is now one product among several.
- uniETH's value depends on the protocol's reward accounting and redemption mechanics, which the project does not detail.
- The 2.82% AVS rewards figure on the homepage is a displayed rate that can change and is not a guaranteed return.
- Fee levels, validator operators and withdrawal terms are not public, so users must check the docs themselves.
- TVL of about $24.9 million is modest next to the largest ETH liquid staking protocols.
Bedrock uniETH fees
Fees are not published. Liquid staking protocols commonly take a share of staking rewards, but the exact rate for uniETH is not stated here.
Users should check the Bedrock app and documentation before minting, and also account for Ethereum network gas and any swap costs if they exit through a DEX.
Is Bedrock uniETH safe?
DefiLlama lists two audits, and the homepage cites BlockSec and PeckShield audits, a live proof-of-reserves page, ERC-7730 clear signing and AI-assisted monitoring. Some of these features, such as Chainlink Secure Mint and CCIP, are described in connection with uniBTC rather than uniETH.
Risks remain: smart-contract bugs, validator or operator failures, slashing, restaking-related risk and token depeg risk if uniETH trades below its underlying value. The project does not mention any incidents, and they do not cover custody or governance details. Do your own checks and only commit funds you can afford to lose.
6 steps
How to get started with Bedrock uniETH
- 1
Read the Bedrock documentation and audit reports to understand uniETH's mechanics and risks.
- 2
Set up an Ethereum wallet and fund it with ETH plus a little extra for gas.
- 3
Open the Bedrock app from the official site and connect the wallet.
- 4
Choose uniETH and mint it with ETH, checking the displayed rate and any fees first.
- 5
Hold uniETH and track its value against ETH, since the balance does not grow.
- 6
Confirm the redemption or exit route in the docs before committing a large amount.
Who Bedrock uniETH is for
This is for ETH holders who want staking and restaking-style rewards while keeping a liquid token, and who accept smart-contract and protocol risk. It is less suited to people who want the largest, most established liquid staking option or who need fee and redemption details confirmed before reading the docs.
Bedrock uniETH FAQs
What is Bedrock uniETH?
uniETH is a liquid staking token issued by Bedrock that represents staked ETH plus all future staking rewards. It lets holders keep a tradable claim on their stake instead of locking ETH directly.
Does uniETH balance grow over time?
No. uniETH is non-rebasing, so your balance stays the same. Its value rises instead, so 1 uniETH is worth more than 1 ETH as time passes.
What yield does uniETH show?
The homepage lists a 2.82% AVS rewards figure for uniETH. It is a displayed rate on the site, not a guarantee, and it can change over time.
Has Bedrock been audited?
DefiLlama lists two audits, and the Bedrock homepage names BlockSec and PeckShield as auditors for its security work. Audits reduce risk but do not remove it, so read the reports before depositing.
Which chain does uniETH use?
Per public sources, uniETH runs on Ethereum. Other Bedrock products such as uniBTC, brBTC and uniIOTX are separate tokens with their own markets.
What is the BR token for?
BR is Bedrock's token. The homepage says holders can lock BR to influence which strategies are added and how capital is allocated, and to get early access to new yield sources.
Compare
Bedrock uniETH alternatives
EigenCloud is Eigen Labs' open AI stack on Ethereum for distributed inference, verifiable agents and open research, with the EIGEN token.
Renzo is a liquid restaking protocol on EigenLayer with vault, staking and enterprise products, for ETH holders seeking restaking yield across 13 chains.
Kelp is an Ethereum liquid restaking protocol that issues rsETH, for ETH holders seeking restaking rewards, hit by a bridge exploit in April 2026.
Coinbase Wrapped Staked ETH (cbETH) is an ERC-20 liquid staking token on Ethereum that represents ETH staked through Coinbase.
Mantle Restaking (mETH Protocol) is an Ethereum liquid staking and restaking protocol by Mantle, with a fast Aave-backed redemption route.
Mellow Restaking is a configurable onchain vault platform for yield, aimed at institutions and DeFi depositors, with about $23.5M TVL across five chains.
Same category
More Liquid Restaking dApps
Ether.fi is an Ethereum liquid restaking protocol with a Visa Cash card and stablecoin, aimed at ETH holders who want yield and spending.
STKESOL is a Solana liquid staking token from Nasdaq-listed SOL Strategies for holders who want staking rewards plus DeFi usability.
xALGO is Folks Finance's interest-bearing liquid staking token for Algorand, letting ALGO holders earn staking rewards while keeping a tradable token.
Swell Liquid Restaking issues rswETH, an ERC-20 token that lets ETH holders restake via EigenLayer-style protocols on Ethereum without locking funds.
Puffer Stake is an Ethereum-native liquid restaking protocol that issues pufETH for staked ETH.
Solayer is a Solana restaking protocol that issues sSOL and has expanded into an SVM chain, perp DEX, Visa card and yield stablecoin.
Same chain
More on Ethereum
Lido is a liquid staking protocol where users stake ETH and receive stETH, a reward-earning token usable across DeFi, governed by LDO holders.
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
DeFi Saver is a non-custodial tool for managing and automating leveraged lending positions across major DeFi protocols on Ethereum and layer-2 networks.
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
How we checked
Sources
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