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EigenLayer's reopens staking for its project until February 9th, with Total Value Locked (TVL) surpassing 3 billion USD.

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EigenLayer

EigenLayer has announced the reopening of staking, and the Total Value Locked (TVL) has officially exceeded $3 billion, ranking sixth among all protocols, closely following Uniswap in fifth place.

How will the re-staking project EigenLayer change the Web3 infrastructure ecosystem?

LRT Battle｜ether.fi, Puffer Finance, Kelp DAO are the top three, what is the story behind staking and re-staking?

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EigenLayer Removes Staking Limits

The EigenLayer protocol for liquid staking has announced the temporary removal of the 200,000 ETH staking limit for each protocol, which includes:

  • Ankr Staked Ether ankrETH

  • StakeWise Staked Ether osETH

  • Stader Staked Ether ETHx

  • Origin Staked Ether oETH

  • Coinbase Staked Ether cbETH

  • Lido Staked Ether stETH

  • Binance Staked Ether wBETH

  • Rocket Pool Ether rETH

  • Swell Staked Ether swETH

As well as three recently added protocols:

  • Mantle Staked Ether mETH

  • Staked Frax Ether sfrxETH

  • Liquid Staked Ether lsETH

EigenLayer TVL Surges Temporarily

Within two hours of EigenLayer's announcement to remove staking limits on February 6, the Total Value Locked (TVL) surged by $750 million.

According to DefiLlama, the TVL has reached $3.218 billion, an increase of approximately $1 billion from the previous day. The influx of new funds is mainly from Lido's stETH, accounting for about 80% of new deposits. The current TVL structure is shown in the following figure.

EigenLayer TVL Structure

EigenLayer has chosen to gradually remove staking limits in order to "attract organic demand," but will permanently remove staking limits at some point in the future. Staking is currently open until 4:00 am on February 10 (Taiwan Time), at which point new limits will be established.

Since mid-December last year, EigenLayer's TVL has increased by over $2 billion.

EigenLayer reopens staking with a TVL surpassing $740 million