The Ethereum restaking protocol, EigenLayer, has fully rolled out, removing deposit caps on all ETH liquid staking tokens. EigenLayer, now the third largest DeFi protocol, oversees over 4 million restaked ETH, valued at approximately $12 billion. Additionally, the Layer 2 (L2) native restaking feature has attracted over $700 million in ETH security. This feature allows users to restake ETH on platforms like Arbitrum, Base, BNB Chain, LineaBuild, and ModeNetwork without needing to bridge ETH or incur high mainnet gas fees. This initiative is supported by Renzo and Connext. Furthermore, currently, 27% of all Ethereum, amounting to $98 billion, is staked, indicating a significant interest in the cryptocurrency's investment potential. Over 14.3% of the staked ETH or Liquid Staking Tokens (LSTs) are now restaked. Renzo Protocol, leveraging Connext, has generated over $500 million in additional Total Value Locked (TVL) since the launch of chain abstracted user experiences.
Chain abstracted user experiences are live in the wild today and the results speak for themselves. ⚡ @RenzoProtocol leverages Connext to enable ETH native restaking on L2s and has generated over $500m in additional TVL since launch. 👇 https://t.co/455qwDv4gX
27% of #Ethereum Now Staked: $98 Billion Committed as Interest Peaks https://t.co/MPwJkoMZmI
Restaking continues to trend upwards, over 14.3% of the Staked ETH or LSTs are now restaked https://t.co/jAetcnQDm0
L2 Native Restaking has attracted +700m USD in ETH security to @eigenlayer 🔥 Native Restakers can now restake ETH on @arbitrum, @base, @BNBCHAIN @LineaBuild, & @modenetwork without bridging ETH or paying high Mainnet gas fees. Powered by Renzo, and @Connext's Restake From… https://t.co/26SjgUQ7Ux
Ethereum restaking protocol @eigenlayer has completed its rollout phase and removed deposit caps on all ETH liquid staking tokens. EigenLayer is the 3rd largest DeFi protocol with over 4M restaked ETH ($12B). Read more: https://t.co/KUuu9xvEBG https://t.co/lR8trQHkxX