The total value locked (TVL) in the EigenLayer Ethereum restaking protocol has recently surpassed $15 billion, indicating significant growth in the ecosystem. This milestone comes despite predictions that yields might decline sharply. Concurrently, ZircuitL2, another Ethereum-based project, has seen its TVL exceed $2 billion. These developments occur as Ethereum faces challenges, including record outflows and a potential rejection of ETH ETFs by regulators. Notably, Lido Finance has experienced substantial outflows, totaling nearly 456,000, with competing platforms like EtherFi gaining market share. Additionally, Ethereum's inflation rate stands at +0.385% per year.
The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion https://t.co/h62by7DmfQ
Ethereum staking shakeup. @LidoFinance experiencing largest outflows ever as EigenLayer restaking newcomers like @EtherFi take market share. Here is the charts to prove it. Lido experienced the largest outflow among staking platforms in the past month, totaling nearly 456000… https://t.co/wz2Dp0LLvc
🚨JUST IN: @EIGENLAYER'S TVL BREAKS PAST $15 BILLION DESPITE EXPECTATION THAT YIELDS MAY "FALL OFF A CLIFF"
EigenLayer's TVL crosses $15 billion as restaking protocol expands ecosystem https://t.co/N2GCkksIOg
The volume locked-in value (TVL) of the EigenLayer ETH restacking protocol has surpassed the $15bn mark https://t.co/LE4tTgIUjF
.@ZircuitL2 TVL has surpassed $2B. https://t.co/5vnn3eXRlQ https://t.co/skITjWvPdS
ETH is the only "asset" with WTD, MTD, YTD outflows (source CoinShares) ETH was supposed to become deflationary, yet it is +0,385%/y ETH ETFs likely to be rejected in next month (ARK21/VanEck ones) ETH to have more Roll-ups and Restaking protocols than users of the chain 🔜 https://t.co/5qZVF0epx8
Raves about #Runes, #Eigenlayer, LSTs, and the game-changing LRTs fill the air. Yet, a $100b+ TVL project is flying under the radar. Backed by ETH giants, they are making waves alongside Binance TVL. Stay ahead of the curve 🧵⬇️ https://t.co/KXFl76uWRt