EigenLayer Registers $4B Inflow After Staking Cap Removal

EigenLayer Registers $4B Inflow After Staking Cap Removal

Liquid restaking platform EigenLayer has become the 5th largest decentralized finance (DeFi) protocol following fresh inflows of over $4 billion after the removal of the staking cap.
Capital locked on restaking protocols now stands at a staggering $10 billion, up from just $350 million in December.
$4 Billion Worth Of Fresh Inflows
The inflows have seen EigenLayer become the 5th largest DeFi platform. The recent surge in inflows results from EigenLayer removing its staking cap in a decision announced on the 5th of February. The protocol stated that the decision to remove the cap was made to encourage organic demand, according to a blog post published by EigenLayer. The impact of this decision was quick and significant, with over 1 million worth of ETH flowing into EigenLayer within only a couple of hours of lifting the staking cap. This propelled its TVL (total value locked) to a staggering $3 billion.
The restaking window closed on the 10th of February, with a further $600 million inc

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We współpracy z: https://cryptodaily.co.uk/2024/02/eigenlayer-registers-4b-inflow-after-staking-cap-removal

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