• 01 September, 2024
Ethereum

EigenLayer’s TVL Crosses $15 billion

EigenLayer, Ethereum's restaking protocol, achieved a milestone by surpassing $15 billion in total value locked (TVL) after removing its caps. Enabling users to stake native ether and liquid staked ether, EigenLayer fortifies other protocols. Its TVL soared post the April 9 launch, welcoming validated services. Notably, updates ensued, such as reducing the minimum stake for EigenDA operators from 320 ETH to 96 ETH.

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