EigenLayer has locked $15.13 billion in crypto assets on its restaking platform since its launch on April 9, piling on assets from users even as the staking protocol has been criticized for growing faster than its ecosystem can secure.
EigenLayer’s total value locked climbed to $15.13 billion on Tuesday. Crypto experts say the Ethereum staking protocol could face a major yield crisis as it outpaces the security needs of its rapidly growing ecosystem. Despite the potential yield crisis, EigenLayer dominates re-staking protocols with the highest TVL. EigenLayer gathers $15.
co/5veDsrQrFT — EigenLayer April 22, 2024 The project has launched a total of six actively validated services with several functionalities to address users’ needs in the Ethereum ecosystem. Coinbase Cloud, Ankr, and the Graph Foundation are among the protocol’s operators, as seen on ethrestaking.com. Potential yield crisis faces EigenLayer Chudnov Glavniy, creator of a crypto-native derivatives protocol “3jane” on EigenLayer, recently shared his views on the project in a tweet thread on X.
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