EigenLayer’s Assets Exceed $10 Billion
Since the beginning of the year, the volume of assets locked in restaking protocol EigenLayer has increased nearly tenfold, reaching a total of $10.17 billion.
The platform currently ranks second in the DeFi Llama rating, just behind Lido.
Despite only offering native staking, the TVL of EigenLayer continues to rise. Users are able to deposit Ethereum which is then locked at the Beacon Chain level. However, this option has been paused for LSD platform assets since February 9.
The recent surge in the second largest cryptocurrency by market capitalization has contributed to the growth of TVL on EigenLayer.
Over the past week, Ethereum has seen an increase in price of almost 12%, and over the past 30 days, a significant growth of 49.5% (as per CoinGecko). It is worth mentioning that in February, Finance Research specialists observed a boom in the restaking segment based on EigenLayer.
