EigenLayer's total value locked (TVL) has surpassed $10 billion, marking a significant milestone for the decentralized finance (DeFi) sector. This achievement represents a tenfold increase from its previous TVL of $1.1 billion year-to-date. The surge in EigenLayer's TVL has been attributed to the increase in ether deposits, totaling 2.93 million ETH, through liquid restaking protocols and the overall price appreciation of Ethereum, which recently surpassed $3,500. Notably, 91% of $ETH is "in the money", reflecting positively on the sector. EigenLayer has now become the second-largest project in DeFi by TVL, with over $11.2 billion, trailing closely behind the sector's leader. Additionally, the DeFi sector as a whole has witnessed substantial growth, with its total TVL breaking the $100 billion mark for the first time since May 2022. This growth is partly due to the emergence of a new DeFi category, liquid restaking, which has seen its TVL grow from $300 million to $5.5 billion this year.
The new $5bn world of liquid restaking on Ethereum offers extra yields and extra risks https://t.co/UUEjB4uKfH
DeFi TVL breaks $100 billion for first time since May 2022 https://t.co/1tPVNrRTxe
.@eigenlayer is now the second-largest project in DeFi with over $11.2 billion in TVL https://t.co/vbBHhOWFxS
The emergence of a new DeFi category. Liquid Restaking TVL has grown from $300M to $5.5B this year. https://t.co/9chkoaC3R6
EigenLayer is now the second largest project in DeFi by TVL, you can't unsee this. Liquid staking and restaking are now leading side by side, incredible! https://t.co/lTWo53WdjH
EIGENLAYER DEPOSITS SURGE TO $10 BILLION Assets deposited in EigenLayer have soared from $1.1 billion to $10 billion, with 2.93 million ETH. Ether deposits via liquid restaking protocols and price appreciation contributed to the surge. Source: The Block https://t.co/9l43fz5ubb
As #Ethereum inches past $3,500, 91% of $ETH is "in the money" according to data from blockchain analytics firm IntotheBlock. And what's good for ETH has been great for DeFi, which has nearly reached $100 billion in TVL. https://t.co/liF6klKNdl
UPDATE: @EIGENLAYER TVL HITS $10B, SHOWING ABOUT TENFOLD INCREASE FROM $1.1B YEAR-TO-DATE
EigenLayer’s total value locked surpasses $10 billion https://t.co/mEOY2T2CEP