Restaking Trend, TVL EigenLayer Reached 3 Billion USD

Restaking Trend, TVL EigenLayer Reached 3 Billion USD
By AZC News | 22 minutes ago
The restaking trend is on the rise as EigenLayer's TVL continues to reach an all-time high (ATH) of 3 billion USD, and the platform is temporarily removing the old staking limits for each protocol.Restaking Trend, TVL EigenLayer Reached 3 Billion USD
EigenLayer continues to raise the ceiling for depositing LST tokens into the platform. Under this adjustment, each portfolio is allowed to restake up to 200,000 new tokens. The participation period for this activity extends from today until February 9th.


In parallel, EigenLayer introduces three new liquid staking tokens (LST), including sfrxETH (Frax Finance), mETH (Mantle), and LsETH (Liquid Collective).

Restaking is a prevailing trend, with the concept of reusing staked ETH for applications on other platforms such as Data Availability (through the EigenDA product branch) and network validation for new establishments (via AVS). Despite its straightforward mechanism, restaking proves to be significantly capital-efficient, making DeFi more accessible to users.

Another restaking project built on EigenLayer and backed by Binance Labs, attracting considerable attention, is Puffer Finance. Despite its recent launch on February 2nd, Puffer Finance quickly rose to the fourth position in terms of TVL.

Alongside the surge in restaking, some developers caution that EigenLayer's "security sharing" model may lead to network congestion or overload, especially with the upcoming Dencun upgrade on Ethereum.

Related: Ethereum Completes Dencun Upgrade on Sepolia Testnet

TVL EigenLayer
After expanding the restaking limits for two hours, over 1 million Ethereum (ETH) has flowed into the platform, elevating EigenLayer's accumulated TVL to 3 billion USD. As of now, EigenLayer's TVL stands at 3.2 billion USD, marking a 1 billion USD increase within the past 24 hours.



Source: Defillama

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researchRestaking Trend, TVL EigenLayer Reached 3 Billion USD
By AZC News | 22 minutes ago

The restaking trend is on the rise as EigenLayer's TVL continues to reach an all-time high (ATH) of 3 billion USD, and the platform is temporarily removing the old staking limits for each protocol.Restaking Trend, TVL EigenLayer Reached 3 Billion USD
EigenLayer continues to raise the ceiling for depositing LST tokens into the platform. Under this adjustment, each portfolio is allowed to restake up to 200,000 new tokens. The participation period for this activity extends from today until February 9th.


In parallel, EigenLayer introduces three new liquid staking tokens (LST), including sfrxETH (Frax Finance), mETH (Mantle), and LsETH (Liquid Collective).

Restaking is a prevailing trend, with the concept of reusing staked ETH for applications on other platforms such as Data Availability (through the EigenDA product branch) and network validation for new establishments (via AVS). Despite its straightforward mechanism, restaking proves to be significantly capital-efficient, making DeFi more accessible to users.

Another restaking project built on EigenLayer and backed by Binance Labs, attracting considerable attention, is Puffer Finance. Despite its recent launch on February 2nd, Puffer Finance quickly rose to the fourth position in terms of TVL.

Alongside the surge in restaking, some developers caution that EigenLayer's "security sharing" model may lead to network congestion or overload, especially with the upcoming Dencun upgrade on Ethereum.

Related: Ethereum Completes Dencun Upgrade on Sepolia Testnet

TVL EigenLayer
After expanding the restaking limits for two hours, over 1 million Ethereum (ETH) has flowed into the platform, elevating EigenLayer's accumulated TVL to 3 billion USD. As of now, EigenLayer's TVL stands at 3.2 billion USD, marking a 1 billion USD increase within the past 24 hours.



Source: Defillama

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researchRestaking Trend, TVL EigenLayer Reached 3 Billion USD
By AZC News | 22 minutes ago

The restaking trend is on the rise as EigenLayer's TVL continues to reach an all-time high (ATH) of 3 billion USD, and the platform is temporarily removing the old staking limits for each protocol.Restaking Trend, TVL EigenLayer Reached 3 Billion USD
EigenLayer continues to raise the ceiling for depositing LST tokens into the platform. Under this adjustment, each portfolio is allowed to restake up to 200,000 new tokens. The participation period for this activity extends from today until February 9th.


In parallel, EigenLayer introduces three new liquid staking tokens (LST), including sfrxETH (Frax Finance), mETH (Mantle), and LsETH (Liquid Collective).

Restaking is a prevailing trend, with the concept of reusing staked ETH for applications on other platforms such as Data Availability (through the EigenDA product branch) and network validation for new establishments (via AVS). Despite its straightforward mechanism, restaking proves to be significantly capital-efficient, making DeFi more accessible to users.

Another restaking project built on EigenLayer and backed by Binance Labs, attracting considerable attention, is Puffer Finance. Despite its recent launch on February 2nd, Puffer Finance quickly rose to the fourth position in terms of TVL.

Alongside the surge in restaking, some developers caution that EigenLayer's "security sharing" model may lead to network congestion or overload, especially with the upcoming Dencun upgrade on Ethereum.

Related: Ethereum Completes Dencun Upgrade on Sepolia Testnet

TVL EigenLayer
After expanding the restaking limits for two hours, over 1 million Ethereum (ETH) has flowed into the platform, elevating EigenLayer's accumulated TVL to 3 billion USD. As of now, EigenLayer's TVL stands at 3.2 billion USD, marking a 1 billion USD increase within the past 24 hours.



Source: Defillama

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researchRestaking Trend, TVL EigenLayer Reached 3 Billion USD
By AZC News | 22 minutes ago

The restaking trend is on the rise as EigenLayer's TVL continues to reach an all-time high (ATH) of 3 billion USD, and the platform is temporarily removing the old staking limits for each protocol.Restaking Trend, TVL EigenLayer Reached 3 Billion USD
EigenLayer continues to raise the ceiling for depositing LST tokens into the platform. Under this adjustment, each portfolio is allowed to restake up to 200,000 new tokens. The participation period for this activity extends from today until February 9th.


In parallel, EigenLayer introduces three new liquid staking tokens (LST), including sfrxETH (Frax Finance), mETH (Mantle), and LsETH (Liquid Collective).

Restaking is a prevailing trend, with the concept of reusing staked ETH for applications on other platforms such as Data Availability (through the EigenDA product branch) and network validation for new establishments (via AVS). Despite its straightforward mechanism, restaking proves to be significantly capital-efficient, making DeFi more accessible to users.

Another restaking project built on EigenLayer and backed by Binance Labs, attracting considerable attention, is Puffer Finance. Despite its recent launch on February 2nd, Puffer Finance quickly rose to the fourth position in terms of TVL.

Alongside the surge in restaking, some developers caution that EigenLayer's "security sharing" model may lead to network congestion or overload, especially with the upcoming Dencun upgrade on Ethereum.

Related: Ethereum Completes Dencun Upgrade on Sepolia Testnet

TVL EigenLayer
After expanding the restaking limits for two hours, over 1 million Ethereum (ETH) has flowed into the platform, elevating EigenLayer's accumulated TVL to 3 billion USD. As of now, EigenLayer's TVL stands at 3.2 billion USD, marking a 1 billion USD increase within the past 24 hours.



Source: Defillama

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researchRestaking Trend, TVL EigenLayer Reached 3 Billion USD
By AZC News | 22 minutes ago

The restaking trend is on the rise as EigenLayer's TVL continues to reach an all-time high (ATH) of 3 billion USD, and the platform is temporarily removing the old staking limits for each protocol.Restaking Trend, TVL EigenLayer Reached 3 Billion USD
EigenLayer continues to raise the ceiling for depositing LST tokens into the platform. Under this adjustment, each portfolio is allowed to restake up to 200,000 new tokens. The participation period for this activity extends from today until February 9th.


In parallel, EigenLayer introduces three new liquid staking tokens (LST), including sfrxETH (Frax Finance), mETH (Mantle), and LsETH (Liquid Collective).

Restaking is a prevailing trend, with the concept of reusing staked ETH for applications on other platforms such as Data Availability (through the EigenDA product branch) and network validation for new establishments (via AVS). Despite its straightforward mechanism, restaking proves to be significantly capital-efficient, making DeFi more accessible to users.

Another restaking project built on EigenLayer and backed by Binance Labs, attracting considerable attention, is Puffer Finance. Despite its recent launch on February 2nd, Puffer Finance quickly rose to the fourth position in terms of TVL.

Alongside the surge in restaking, some developers caution that EigenLayer's "security sharing" model may lead to network congestion or overload, especially with the upcoming Dencun upgrade on Ethereum.

Related: Ethereum Completes Dencun Upgrade on Sepolia Testnet

TVL EigenLayer
After expanding the restaking limits for two hours, over 1 million Ethereum (ETH) has flowed into the platform, elevating EigenLayer's accumulated TVL to 3 billion USD. As of now, EigenLayer's TVL stands at 3.2 billion USD, marking a 1 billion USD increase within the past 24 hours.



Source: Defillama

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own researchRestaking Trend, TVL EigenLayer Reached 3 Billion USD
By AZC News | 22 minutes ago

The restaking trend is on the rise as EigenLayer's TVL continues to reach an all-time high (ATH) of 3 billion USD, and the platform is temporarily removing the old staking limits for each protocol.Restaking Trend, TVL EigenLayer Reached 3 Billion USD
EigenLayer continues to raise the ceiling for depositing LST tokens into the platform. Under this adjustment, each portfolio is allowed to restake up to 200,000 new tokens. The participation period for this activity extends from today until February 9th.


In parallel, EigenLayer introduces three new liquid staking tokens (LST), including sfrxETH (Frax Finance), mETH (Mantle), and LsETH (Liquid Collective).

Restaking is a prevailing trend, with the concept of reusing staked ETH for applications on other platforms such as Data Availability (through the EigenDA product branch) and network validation for new establishments (via AVS). Despite its straightforward mechanism, restaking proves to be significantly capital-efficient, making DeFi more accessible to users.

Another restaking project built on EigenLayer and backed by Binance Labs, attracting considerable attention, is Puffer Finance. Despite its recent launch on February 2nd, Puffer Finance quickly rose to the fourth position in terms of TVL.

Alongside the surge in restaking, some developers caution that EigenLayer's "security sharing" model may lead to network congestion or overload, especially with the upcoming Dencun upgrade on Ethereum.

Related: Ethereum Completes Dencun Upgrade on Sepolia Testnet

TVL EigenLayer
After expanding the restaking limits for two hours, over 1 million Ethereum (ETH) has flowed into the platform, elevating EigenLayer's accumulated TVL to 3 billion USD. As of now, EigenLayer's TVL stands at 3.2 billion USD, marking a 1 billion USD increase within the past 24 hours.



Source: Defillama

Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. when making a decision. when making a decision. when making a decision. when making a decision. when making a decision.