And Zstd is not proprietary. (This issue is relevant in this regard: https://github.com/lzfse/lzfse/issues/21)
https://github.com/Cyan4973/zstd
Edit: here is a quick comparison I did on Linux with Project Gutemberg's webster (http://sun.aei.polsl.pl/~sdeor/corpus/webster.bz2).
$ time ./lzfse-master/build/bin/lzfse -encode -i webster -o webster.lzfse
real 0m1.885s
user 0m1.860s
sys 0m0.024s
$ time ./zstd-master/programs/zstd webster -8 -f -o webster.zstd
webster : 25.98% (41458703 =>10772836 bytes, webster.zstd)
real 0m1.700s
user 0m1.660s
sys 0m0.036s
$ ls -l
-rw-r--r-- 1 tyl tyl 12209496 Jul 7 16:26 webster.lzfse
-rw-rw-r-- 1 tyl tyl 10772836 Jul 7 16:31 webster.zstd
$ time ./lzfse-master/build/bin/lzfse -decode -i webster.lzfse -o /dev/null
real 0m0.127s
user 0m0.112s
sys 0m0.012s
$ time ./zstd-master/programs/zstd -d webster.zstd -o /dev/null
webster.zstd : 41458703 bytes
real 0m0.116s
user 0m0.112s
sys 0m0.000s
LZFSE's -h option doesn't show a flag to tweak compression. Zstd's default -1 compression is super-fast, but obviously not optimal. Its -8 is the closest I got to LZFSE's compression speed; its -4 was the closest to LZFSE's compression ratio, with a speed of 0m0.527s real compression, 0m0.101s real decompression.