EigenLayer’s Rapid Ascent: $12.9B Locked And Counting

EigenLayer’s Rapid Ascent: $12.9B Locked And Counting

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Source: TheMerkle.com

EigenLayer is making waves in the DeFi world, with $12.9 billion now locked up—a staggering 11% increase in just a week.

The total amount of ETH being restaked has soared to an impressive $14.5 billion, signaling a massive vote of confidence in this emerging protocol.

A closer look reveals that a significant 70% of EigenLayer’s Total Value Locked (TVL) is in Wrapped ETH (WETH), amounting to $8.8 billion.

Meanwhile, new entrants

Read More https://themerkle.com/eigenlayers-rapid-ascent-12-9b-locked-and-counting/

The post "EigenLayer’s Rapid Ascent: $12.9B Locked And Counting" appeared first here TheMerkle.com.

Source: TheMerkle.com

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